New Homeowner Nightmare – Need Advice

[bsrsharma]

My aging parents purchased a new home.

That itself is an interesting statement in these days of still high prices. What was their motivation? Mortgage interest deduction would be unlikely. How did they conclude owning is better than renting at their age?

[alarmclock]

analogy time: overflowing toilet is to a house as a spilled soft drink is to a car.

Car has moving parts and electronics that are fundamentally damaged by being submerged.

[alarmclock]

analogy time: overflowing toilet is to a house as a spilled soft drink is to a car.

Car has moving parts and electronics that are fundamentally damaged by being submerged.

[alarmclock]

analogy time: overflowing toilet is to a house as a spilled soft drink is to a car.

Car has moving parts and electronics that are fundamentally damaged by being submerged.

[alarmclock]

analogy time: overflowing toilet is to a house as a spilled soft drink is to a car.

Car has moving parts and electronics that are fundamentally damaged by being submerged.

[alarmclock]

analogy time: overflowing toilet is to a house as a spilled soft drink is to a car.

Car has moving parts and electronics that are fundamentally damaged by being submerged.

[milkspot]

Thank you for all your comments. Let me comment on some of your comments.

I am not a flipper. I hope my parents can stay in the house for 10 or more years. But since they are quite old, they may not last that many more years and I may have to sell sooner than I want.

Their motivation for buying the house is so that they can be within walking distance to my house and a supermaket. Their driving days are numbered. They could have rented but owning a home has advantages such as you decorate as you please, you won’t be kicked out due to the landlord foreclosing, etc.

They are in the stage of life when they hear of one of their friends getting sick and dying once every quarter. Thus they want to enjoy life now, enjoy a new home now, because there may not be many tomorrows left. They are not too worried about losing money unlike many on this board, including me. Perhaps when I see the end coming soon, I’d feel the same way about losing money.

Peace, I’ll take your suggestion and will take time off to watch over the repairs. Less chance of people taking short cuts if they are being monitored.

You comments have been helpful. I checked with a real-estate agent and she concurred that after several years, people just don’t care anymore if the situation has been adequately fixed. Thanks again.

[milkspot]

Thank you for all your comments. Let me comment on some of your comments.

I am not a flipper. I hope my parents can stay in the house for 10 or more years. But since they are quite old, they may not last that many more years and I may have to sell sooner than I want.

Their motivation for buying the house is so that they can be within walking distance to my house and a supermaket. Their driving days are numbered. They could have rented but owning a home has advantages such as you decorate as you please, you won’t be kicked out due to the landlord foreclosing, etc.

They are in the stage of life when they hear of one of their friends getting sick and dying once every quarter. Thus they want to enjoy life now, enjoy a new home now, because there may not be many tomorrows left. They are not too worried about losing money unlike many on this board, including me. Perhaps when I see the end coming soon, I’d feel the same way about losing money.

Peace, I’ll take your suggestion and will take time off to watch over the repairs. Less chance of people taking short cuts if they are being monitored.

You comments have been helpful. I checked with a real-estate agent and she concurred that after several years, people just don’t care anymore if the situation has been adequately fixed. Thanks again.

[milkspot]

Thank you for all your comments. Let me comment on some of your comments.

I am not a flipper. I hope my parents can stay in the house for 10 or more years. But since they are quite old, they may not last that many more years and I may have to sell sooner than I want.

Their motivation for buying the house is so that they can be within walking distance to my house and a supermaket. Their driving days are numbered. They could have rented but owning a home has advantages such as you decorate as you please, you won’t be kicked out due to the landlord foreclosing, etc.

They are in the stage of life when they hear of one of their friends getting sick and dying once every quarter. Thus they want to enjoy life now, enjoy a new home now, because there may not be many tomorrows left. They are not too worried about losing money unlike many on this board, including me. Perhaps when I see the end coming soon, I’d feel the same way about losing money.

Peace, I’ll take your suggestion and will take time off to watch over the repairs. Less chance of people taking short cuts if they are being monitored.

You comments have been helpful. I checked with a real-estate agent and she concurred that after several years, people just don’t care anymore if the situation has been adequately fixed. Thanks again.

[milkspot]

Thank you for all your comments. Let me comment on some of your comments.

I am not a flipper. I hope my parents can stay in the house for 10 or more years. But since they are quite old, they may not last that many more years and I may have to sell sooner than I want.

Their motivation for buying the house is so that they can be within walking distance to my house and a supermaket. Their driving days are numbered. They could have rented but owning a home has advantages such as you decorate as you please, you won’t be kicked out due to the landlord foreclosing, etc.

They are in the stage of life when they hear of one of their friends getting sick and dying once every quarter. Thus they want to enjoy life now, enjoy a new home now, because there may not be many tomorrows left. They are not too worried about losing money unlike many on this board, including me. Perhaps when I see the end coming soon, I’d feel the same way about losing money.

Peace, I’ll take your suggestion and will take time off to watch over the repairs. Less chance of people taking short cuts if they are being monitored.

You comments have been helpful. I checked with a real-estate agent and she concurred that after several years, people just don’t care anymore if the situation has been adequately fixed. Thanks again.

[milkspot]

Thank you for all your comments. Let me comment on some of your comments.

I am not a flipper. I hope my parents can stay in the house for 10 or more years. But since they are quite old, they may not last that many more years and I may have to sell sooner than I want.

Their motivation for buying the house is so that they can be within walking distance to my house and a supermaket. Their driving days are numbered. They could have rented but owning a home has advantages such as you decorate as you please, you won’t be kicked out due to the landlord foreclosing, etc.

They are in the stage of life when they hear of one of their friends getting sick and dying once every quarter. Thus they want to enjoy life now, enjoy a new home now, because there may not be many tomorrows left. They are not too worried about losing money unlike many on this board, including me. Perhaps when I see the end coming soon, I’d feel the same way about losing money.

Peace, I’ll take your suggestion and will take time off to watch over the repairs. Less chance of people taking short cuts if they are being monitored.

You comments have been helpful. I checked with a real-estate agent and she concurred that after several years, people just don’t care anymore if the situation has been adequately fixed. Thanks again.

[Raybyrnes]

mtan

Unless you make your living in an area of construction I don’t see how you would even be able to tell if a builder is taking a short cut. Do you know they should be using polybutilene piping vs copper? WOuld you know if they should be using 3/8 of an inch board vs 1/2 inch. I have no idea what my mechanic puts in my car when making repauirs and to be honest I don’t care. What I do care about is making sure that teh car works after it is fixed.

Based on your comments I would’t give the house a second thought. What I would consider important is spending every minute of time with my parents and family as you never know when their time might come. Seems like you really need to prioritize.

Hmm let’s go to a construction sight an overlook something that I am unknowlegeable on or have lunch at my place with mom and dad so that they are able to get away from the hotel they are staying at. Just some food for thought.

[Raybyrnes]

mtan

Unless you make your living in an area of construction I don’t see how you would even be able to tell if a builder is taking a short cut. Do you know they should be using polybutilene piping vs copper? WOuld you know if they should be using 3/8 of an inch board vs 1/2 inch. I have no idea what my mechanic puts in my car when making repauirs and to be honest I don’t care. What I do care about is making sure that teh car works after it is fixed.

Based on your comments I would’t give the house a second thought. What I would consider important is spending every minute of time with my parents and family as you never know when their time might come. Seems like you really need to prioritize.

Hmm let’s go to a construction sight an overlook something that I am unknowlegeable on or have lunch at my place with mom and dad so that they are able to get away from the hotel they are staying at. Just some food for thought.

[Raybyrnes]

mtan

Unless you make your living in an area of construction I don’t see how you would even be able to tell if a builder is taking a short cut. Do you know they should be using polybutilene piping vs copper? WOuld you know if they should be using 3/8 of an inch board vs 1/2 inch. I have no idea what my mechanic puts in my car when making repauirs and to be honest I don’t care. What I do care about is making sure that teh car works after it is fixed.

Based on your comments I would’t give the house a second thought. What I would consider important is spending every minute of time with my parents and family as you never know when their time might come. Seems like you really need to prioritize.

Hmm let’s go to a construction sight an overlook something that I am unknowlegeable on or have lunch at my place with mom and dad so that they are able to get away from the hotel they are staying at. Just some food for thought.

[Raybyrnes]

mtan

Unless you make your living in an area of construction I don’t see how you would even be able to tell if a builder is taking a short cut. Do you know they should be using polybutilene piping vs copper? WOuld you know if they should be using 3/8 of an inch board vs 1/2 inch. I have no idea what my mechanic puts in my car when making repauirs and to be honest I don’t care. What I do care about is making sure that teh car works after it is fixed.

Based on your comments I would’t give the house a second thought. What I would consider important is spending every minute of time with my parents and family as you never know when their time might come. Seems like you really need to prioritize.

Hmm let’s go to a construction sight an overlook something that I am unknowlegeable on or have lunch at my place with mom and dad so that they are able to get away from the hotel they are staying at. Just some food for thought.

[Author]

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