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Catpfish

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Posts posted by Catpfish

  1. I usually try to get a baseline number that they won't even look at from my sellers that gives me the right to say they are not interested without wasting their time or mine. 

    Edit:  or that baseline number will give me permission to respond with full price counter and that usually shuts things down with a quickness

     

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  2. It's really a crapshoot.  You could get a receptive board or you could get a bunch of rubber stampers that agree with the county.  It's best to have all of the info you can.  Get a CMA from a realtor friend.  Use median values, not average, and make a pretty spreadsheet (5 copies of everything).  As Dalton says, Be Nice.  

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  3. The problem is that the leaks weren't found in the inspections.  If they are leaking as much water as it sounds like, there should have been evidence.  It sounds like something happened after the inspections.  If she can find some type of evidence that shows the seller hid the problem and didn't disclose it, it might be a different story.

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  4. 10 minutes ago, Steamboat1874 said:

    No there was a seller inspection and a buyer’s inspection.

    Once she installed and ran her new washer the kitchen flooded.

    Plumbers came and snaked everything and said it was a clog but now the company the insurance company hired is checking for leaks and thinks there are a couple in the 3” drain line.

    Who is responsible for that kind of thing?
    She should not be but if she has to pay the deductible it could be thousands of dollars.

    I'm not sure how an inspector would find a leak in the drain line (assuming it's below slab level).  They could detect a leak in a supply line by seeing water flow when all faucets are turned off.  You also have the problem of the new washer being installed after any inspections. I imagine you would have a hard time proving that the installation didn't play a factor in the leak suddenly becoming an issue.

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  5. I'm confused.  Did she get her own inspections?  If not, why not?  How long have the leaks been happening?  The inspections explicitly state that there are no guarantees past the inspection.  

    Incredulity is a faster typer

  6. Match is even right now.

    Oregon won the first match

    Kim tied with 2 to go

    Hsu 1 up with 1 to play

    O'Keefe 1 up with 2 to play

    Heo dormie. 3 down with 3 to play

     

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  7. 4 hours ago, Im_smarter_then_you said:

    This is only for investment properties right. This is for my primary.   
     

     

    Anyone familiar with 121 home sale exclusion

    You had the information above.  Has to be primary residence for 24 months of the previous 5 years.  $250K exclusion if single, $500K if married.  Remember this is gain, not sales price, so sales price (minus certain sales costs) - adjusted basis in the house (purchase price + improvements).  This is a very simple explanation but you get the gist.

    Not an accountant so take that for what it's worth, but have filled out the forms many a time

     

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  8. Bluebonnets have a low germination rate, I think I read that it's about 20%.  I planted about a 1/4 acre plot about 12 years ago with I think 6 lbs of seed.  Half of them I froze overnight, put them in a bowl and poured boiling water on to weaken the seed case for the initial couple of years.  I shallow scratched the soil and just spread them out.  After that I let nature take its course.  However, you have to let them go until the seed pod bursts, so I usually don't mow them until around July 4th.  This year the crop was exceedingly poor with the lack of rain in the November-February time frame.  When the weather cooperates, it looks like a big bluebonnet carpet.  They don't like fertilizing or much else done to them.  Even the bluebonnets at the Lady Bird Center weren't as good as usual this year and they water them.

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