- This topic has 235 replies, 12 voices, and was last updated 15 years, 1 month ago by
bearishgurl.
-
AuthorPosts
-
November 3, 2010 at 10:47 PM #627296November 3, 2010 at 11:34 PM #626233
scaredyclassic
Participantmight give the bank more incentive to foreclose since the house might be more valuable with less disclosure.
i really don’t want to walk away from this house because the wife likes it. However, i don’t want to deal with a poopy nightmare. I’ve googled septic tank nightmare and interesting stories come up. I am willing to walk away and play hardball, because it might just be too much.
i hate to buy a construction project. buut then again, if it’s not that major, maybe I can handle it. But I won’t know. this uncertainty is bothering me. alcohol has no effect.
November 3, 2010 at 11:34 PM #626313scaredyclassic
Participantmight give the bank more incentive to foreclose since the house might be more valuable with less disclosure.
i really don’t want to walk away from this house because the wife likes it. However, i don’t want to deal with a poopy nightmare. I’ve googled septic tank nightmare and interesting stories come up. I am willing to walk away and play hardball, because it might just be too much.
i hate to buy a construction project. buut then again, if it’s not that major, maybe I can handle it. But I won’t know. this uncertainty is bothering me. alcohol has no effect.
November 3, 2010 at 11:34 PM #626865scaredyclassic
Participantmight give the bank more incentive to foreclose since the house might be more valuable with less disclosure.
i really don’t want to walk away from this house because the wife likes it. However, i don’t want to deal with a poopy nightmare. I’ve googled septic tank nightmare and interesting stories come up. I am willing to walk away and play hardball, because it might just be too much.
i hate to buy a construction project. buut then again, if it’s not that major, maybe I can handle it. But I won’t know. this uncertainty is bothering me. alcohol has no effect.
November 3, 2010 at 11:34 PM #626988scaredyclassic
Participantmight give the bank more incentive to foreclose since the house might be more valuable with less disclosure.
i really don’t want to walk away from this house because the wife likes it. However, i don’t want to deal with a poopy nightmare. I’ve googled septic tank nightmare and interesting stories come up. I am willing to walk away and play hardball, because it might just be too much.
i hate to buy a construction project. buut then again, if it’s not that major, maybe I can handle it. But I won’t know. this uncertainty is bothering me. alcohol has no effect.
November 3, 2010 at 11:34 PM #627301scaredyclassic
Participantmight give the bank more incentive to foreclose since the house might be more valuable with less disclosure.
i really don’t want to walk away from this house because the wife likes it. However, i don’t want to deal with a poopy nightmare. I’ve googled septic tank nightmare and interesting stories come up. I am willing to walk away and play hardball, because it might just be too much.
i hate to buy a construction project. buut then again, if it’s not that major, maybe I can handle it. But I won’t know. this uncertainty is bothering me. alcohol has no effect.
November 4, 2010 at 12:59 AM #626262Eugene
ParticipantI’d be more concerned about being 110% sure that the system can be repaired. The cost of replacing the septic will be chump change compared to the cost of connecting to the nearest sewer if things are really badly deteriorated.
November 4, 2010 at 12:59 AM #626340Eugene
ParticipantI’d be more concerned about being 110% sure that the system can be repaired. The cost of replacing the septic will be chump change compared to the cost of connecting to the nearest sewer if things are really badly deteriorated.
November 4, 2010 at 12:59 AM #626892Eugene
ParticipantI’d be more concerned about being 110% sure that the system can be repaired. The cost of replacing the septic will be chump change compared to the cost of connecting to the nearest sewer if things are really badly deteriorated.
November 4, 2010 at 12:59 AM #627017Eugene
ParticipantI’d be more concerned about being 110% sure that the system can be repaired. The cost of replacing the septic will be chump change compared to the cost of connecting to the nearest sewer if things are really badly deteriorated.
November 4, 2010 at 12:59 AM #627328Eugene
ParticipantI’d be more concerned about being 110% sure that the system can be repaired. The cost of replacing the septic will be chump change compared to the cost of connecting to the nearest sewer if things are really badly deteriorated.
November 4, 2010 at 2:28 AM #626267Coronita
ParticipantScaredy, in case you are already beyond your inspection contingency…Are you still within the loan contigency? Not sure if it would help, but I wonder if you disclose this issue (assuming it’s big) to your lender, maybe it’s possible you can work with them to have the loan denied for this property.
I recall my parents mentioning this to me awhile ago that they did something like this a long time ago… they were beyond the inspection contingency when they discovered something they didn’t like. All they did was disclose the issue to the lender, and the lender readily agreed that they to deny the loan on that property, and since it failed the loan contingency, they got their earnest money back… I’m not sure if that would still work in today’s environment. Maybe BG/sdr or others more knowledgeable can comment on the feasibility of this (and I definitely stand to be corrected if this is not possible) I’m just throwing out out-of-the-box ideas in case you need them.
November 4, 2010 at 2:28 AM #626345Coronita
ParticipantScaredy, in case you are already beyond your inspection contingency…Are you still within the loan contigency? Not sure if it would help, but I wonder if you disclose this issue (assuming it’s big) to your lender, maybe it’s possible you can work with them to have the loan denied for this property.
I recall my parents mentioning this to me awhile ago that they did something like this a long time ago… they were beyond the inspection contingency when they discovered something they didn’t like. All they did was disclose the issue to the lender, and the lender readily agreed that they to deny the loan on that property, and since it failed the loan contingency, they got their earnest money back… I’m not sure if that would still work in today’s environment. Maybe BG/sdr or others more knowledgeable can comment on the feasibility of this (and I definitely stand to be corrected if this is not possible) I’m just throwing out out-of-the-box ideas in case you need them.
November 4, 2010 at 2:28 AM #626897Coronita
ParticipantScaredy, in case you are already beyond your inspection contingency…Are you still within the loan contigency? Not sure if it would help, but I wonder if you disclose this issue (assuming it’s big) to your lender, maybe it’s possible you can work with them to have the loan denied for this property.
I recall my parents mentioning this to me awhile ago that they did something like this a long time ago… they were beyond the inspection contingency when they discovered something they didn’t like. All they did was disclose the issue to the lender, and the lender readily agreed that they to deny the loan on that property, and since it failed the loan contingency, they got their earnest money back… I’m not sure if that would still work in today’s environment. Maybe BG/sdr or others more knowledgeable can comment on the feasibility of this (and I definitely stand to be corrected if this is not possible) I’m just throwing out out-of-the-box ideas in case you need them.
November 4, 2010 at 2:28 AM #627022Coronita
ParticipantScaredy, in case you are already beyond your inspection contingency…Are you still within the loan contigency? Not sure if it would help, but I wonder if you disclose this issue (assuming it’s big) to your lender, maybe it’s possible you can work with them to have the loan denied for this property.
I recall my parents mentioning this to me awhile ago that they did something like this a long time ago… they were beyond the inspection contingency when they discovered something they didn’t like. All they did was disclose the issue to the lender, and the lender readily agreed that they to deny the loan on that property, and since it failed the loan contingency, they got their earnest money back… I’m not sure if that would still work in today’s environment. Maybe BG/sdr or others more knowledgeable can comment on the feasibility of this (and I definitely stand to be corrected if this is not possible) I’m just throwing out out-of-the-box ideas in case you need them.
-
AuthorPosts
- You must be logged in to reply to this topic.
