Funny how commenting on someone's post will get you started on a post of your own!
Mike Jaquish in North Carolina posted on roof repairs, and I thought of this home I looked at last week.
According to one of the neighbors, the out-of-town listing agent told the owner that he would have to repair the roof before listing the home, even though he was selling it as is, since the roof must be intact for the home to be considered livable.
I guess a little advice is better than none. LOL The absentee owner/investor hired an out-of-town roofer, who did just what he was paid to do--re-flash and re-coat the roof!
Hey! They didn't ask him to replace the brick!
The listing proudly announces "brick home." Of course, the roof will have to come off to repair the brick... And it's going to be sort of difficult to get a bank to part with a loan on something like this.
You know what they say about the Arizona sun... "But it's a dry heat..."
The silver lining to the credit crunch cloud is that it is weeding out investors that never were. And that's the real estate opinion of this Tucson, Arizona mortgage lender.
Mike in Tucson
Comments(9)