{"id":755,"date":"2011-10-14T13:05:12","date_gmt":"2011-10-14T18:05:12","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=755"},"modified":"2011-10-14T13:05:12","modified_gmt":"2011-10-14T18:05:12","slug":"5-steps-to-avoid-buying-a-money-pit","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2011\/10\/14\/5-steps-to-avoid-buying-a-money-pit\/","title":{"rendered":"5  STEPS to AVOID BUYING A MONEY PIT"},"content":{"rendered":"<p>(1) ATTEND INSPECTIONS &#8211; the inspector can show you items that need repair &amp; whether immediate or long term.\u00a0 Some items like reversed hot &amp; cold water faucets are minor, but major ones like a foundation problem can be major.\u00a0 You can talk to the inspector.\u00a0 (2) READ THE REPORT &amp; DISCLOSURES &#8211; watch for repairs owner did himself, repeated repairs to the same home system, water &amp; leakage issues &amp; reports of non-functioning mechanical or other systems in the house.\u00a0 Inspector can recommend another inspection of a system, so watch for this.\u00a0 (3) GET MULTIPLE REPAIR BIDS &#8211; can serve as a negotiating item for a price reductions, etc.\u00a0 (4)\u00a0 STOP OVERCONFIDENCE IN ITS TRACTS &#8211; even if you are doing the work yourself, get bids in case you have to turn it over to a professional and (5)\u00a0 PRIORITIZE PRICE REDUCTIONS &amp; CREDITS OVER SELLER REPAIRS &#8211; you will probably do a better job, then the owner, so negotiate a repair allowance or reduction during the option.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(1) ATTEND INSPECTIONS &#8211; the inspector can show you items that need repair &amp; whether immediate or long term.\u00a0 Some items like reversed hot &amp; cold water faucets are minor, but major ones like a foundation problem can be major.\u00a0 You can talk to the inspector.\u00a0 (2) READ THE REPORT &amp; DISCLOSURES &#8211; watch for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/755"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=755"}],"version-history":[{"count":0,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/755\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=755"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}