Bank REO

[kcal09]

I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?

[bearishgurl]

[quote=SK in CV]Probably a bigger problem is financing. I’d be quite suprised if any is available.[/quote]

Very good point, SK!

[bearishgurl]

[quote=SK in CV]Probably a bigger problem is financing. I’d be quite suprised if any is available.[/quote]

Very good point, SK!

[bearishgurl]

[quote=SK in CV]Probably a bigger problem is financing. I’d be quite suprised if any is available.[/quote]

Very good point, SK!

[bearishgurl]

[quote=SK in CV]Probably a bigger problem is financing. I’d be quite suprised if any is available.[/quote]

Very good point, SK!

[bearishgurl]

[quote=SK in CV]Probably a bigger problem is financing. I’d be quite suprised if any is available.[/quote]

Very good point, SK!

[bearishgurl]

[quote=kcal09]I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?[/quote]

Yes, and you must make your engineer’s certifcate available in escrow (for viewing by a potential buyer). See my earlier post.

[bearishgurl]

[quote=kcal09]I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?[/quote]

Yes, and you must make your engineer’s certifcate available in escrow (for viewing by a potential buyer). See my earlier post.

[bearishgurl]

[quote=kcal09]I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?[/quote]

Yes, and you must make your engineer’s certifcate available in escrow (for viewing by a potential buyer). See my earlier post.

[bearishgurl]

[quote=kcal09]I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?[/quote]

Yes, and you must make your engineer’s certifcate available in escrow (for viewing by a potential buyer). See my earlier post.

[bearishgurl]

[quote=kcal09]I am planning to pay all cash if the repair does not exceed $30k. However, I’m also concerned about the value if I want to resell this unit. Do I still have to disclose that there was a crack after I repair it, especially if it is hidden underneath a new wood floor?[/quote]

Yes, and you must make your engineer’s certifcate available in escrow (for viewing by a potential buyer). See my earlier post.

[kcal09]

I think this is a deal breaker as many potential buyers will be hesitant to buy such a property. I appreciate your comments.

[kcal09]

I think this is a deal breaker as many potential buyers will be hesitant to buy such a property. I appreciate your comments.

[kcal09]

I think this is a deal breaker as many potential buyers will be hesitant to buy such a property. I appreciate your comments.

[kcal09]

I think this is a deal breaker as many potential buyers will be hesitant to buy such a property. I appreciate your comments.

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