Home buying thread

Gutterflesh

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I decided to put in new gutters today and thought to poke around in here to see what everyone else was up to.

Holy fuck.
 
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Intrinsic

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I've been out of town for a week with work, but had a chance to stop by this morning and look at progress. Met the builder out and talked about things for about an hour and a half.

They've finished all the blocking, they were getting ready to pour additional material into the CMUs, should start the rest of the fill and compaction process this weekend / next week, and then be ready for plumbing walkthrough end of next week beginning of following.

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Sludig

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I didn't catch where is this going in, the land cost next to water like that alone has got to be bananas.
 

Intrinsic

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I didn't catch where is this going in, the land cost next to water like that alone has got to be bananas.
We don’t have one of the lake view lots. That was just a view up by the soccer fields and what-not. All the lake view ones had pretty significant drop offs in the front or back and we wanted something flat for the kids. We have good views driving in but our road is lower elevation and flat. It was still $116k for .75 acre though.
 

Siliconemelons

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Linked to the entire place? heck! turn it off, see how fast it gets "sorted out" once no one has water.
 
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Intrinsic

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Benn kind of slow going on the build front. Heat has been extreme and he's trying to time our house with MIL house adjacent to ours. Her lot is back filled and they're doing ours this week. We're tentatively scheduled to do plumbing walkthrough 8/3 or 8/4 with slab pour 8/7. They're going to do both houses the same day to save mobilization costs. If it is 100 degrees they won't pour, so hopefully we get a little break in the heat.

In the meantime, I've been working on trying to get quotes firmed up for things in our allowances and working with Claude to make a sort of Home Build Dashboard to track everything. It is getting there but not quite what I have in mind totally. Need to work on some of the visuals and layout. All the data is in and populated.

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Intrinsic

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Is the landlord paying the electric and water bills for these or the renter is paying in addition to the $3,000 / month lease?

I can sort of see the argument if that monthly rent includes utilities normally.
 
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fris

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anyone work w/ one of those "investors that buy homes" ? i got a cold call today, and i figured i'd hear out their offer. I'm looking to sell my home soon, but it needs the upstairs carpet replaced and a fresh coat of paint. i work from home so doing that while living here has just been something i've been putting off. any idea how low ball these guys typically come in? a relator told me the comp difference in similar homes in the area that sold while being lived in and needing some work was about 40k less than similar homes that were empty and properly staged. zillow says my place is 350k
 

Kobayashi

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anyone work w/ one of those "investors that buy homes" ? i got a cold call today, and i figured i'd hear out their offer. I'm looking to sell my home soon, but it needs the upstairs carpet replaced and a fresh coat of paint. i work from home so doing that while living here has just been something i've been putting off. any idea how low ball these guys typically come in? a relator told me the comp difference in similar homes in the area that sold while being lived in and needing some work was about 40k less than similar homes that were empty and properly staged. zillow says my place is 350k
I've only heard of the cold call guys being ultra lowball scammers or trying to pull a fast one and slash things once under contract. I'd avoid even if the initial offer is fair. If you've got a good realtor, they probably know some handymen that can knock out any prep that matters extremely quickly when ready to sell if you don't want to do it yourself.
 
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Fucker

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anyone work w/ one of those "investors that buy homes" ? i got a cold call today, and i figured i'd hear out their offer. I'm looking to sell my home soon, but it needs the upstairs carpet replaced and a fresh coat of paint. i work from home so doing that while living here has just been something i've been putting off. any idea how low ball these guys typically come in? a relator told me the comp difference in similar homes in the area that sold while being lived in and needing some work was about 40k less than similar homes that were empty and properly staged. zillow says my place is 350k
They give absurdly low offers, usually at least 25% less than market value. I got one recently that was close to 32% lower than market value. Skip them altogether.

I wouldn't sweat the carpet/paint thing. These things most commonly get swapped out by a new buyer, anyway...unless it is a lower price house. What does sell a house is excellent mechanical condition, cleanliness, and the vibe that it has been cared for inside and out. I've owned and sold a lot of house of various price ranges, so I have pretty good feel for things.
 

Haus

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So earlier this week there was a guy I saw out my front window doing things in my neighbor's yard. Looked like he was scanning with a metal detector or some kind, then dug a little hole at the corner of his yard. I thought he was doing sprinkler work and went out to get his card since I need some sprinkler work done.

Nope, he was a contractor that had been paid to come get the exact map points for all the lots on our block. He didn't know who exactly contracted his company to do this, just that he was supposed to come map them all out. Seems that at every corner of the lots there's a metal post around 4-6" underground. He was getting exact GPS details on each lots corners. We're the only block around us that hasn't had at least one house go through the "Buy the house, raze the house, build McMansion, profit" cycle. And there was recently a movement to allow for redistricting to let them put in higher density housing in our area. (This is a suburb of Dallas built up in the 1960s).

Talking to neighbors, we're expecting someone to come in wanting to do a "whole block buy out". We've been joking about how insane we plan on making our asking prices.
 

Intrinsic

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Yeah, generally that can be referred to as a boundary survey where they're identifying monuments at the corners. For existing neighborhood or area subdivided into parcels. The first picture below is the result of the one we had performed for our home build. The iron pins were already established and located when the team performed it. They can also identify easements as seen by the draining and utility easement at the bottom.

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When we're building tower sites and new compounds for clients we also contract with 3rd parties to perform boundary surveys in the middle of parcels to legally define a portion of the parcel that will be leased, purchased, or transferred to our State Agency. This one is from a recent one we had performed that is a combination of locating pins on existing parcel boundaries and then staking the corners of the leased area. Like the above, this is then used to write a legal description of the area in question that defines what is occurring.

I don't really know a whole lot but picked up enough after 10 - 12 years to review them for clients and provide feedback if it looks like it is in the correct place or if we're going to have issues with utility or access easements and to get attorneys invovled.

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Do y'all have fiber? I'm guessing they could be doing that to understand the easement and where they can legally come through and dig up your front yard and lay buried cable.