Well, We Can Cross THAT Listing Off the List!

By
Industry Observer

I've been doing a little bit of previewing of possible listings for two different sets of buyers, and came across one that can be safely crossed off the list.

Seemed like a long shot from the start since it is bank owned, with a flat roof (BAD idea in our rainy, rainy part of the world), and appeared to be overpriced to boot.  But not a bad location, and not bad square footage. 

So I stopped by to see if the cost of renovations, including converting to a pitched, composition roof, might make sense.

But I think we can safely cross it off the list - as I went inside, I heard running water - make that GUSHING water!  Now that's just never a good thing to hear in a vacant house!  Heading on back to the kitchen I could see the signs that the house had been winterized - so not likely to be a leaky or burst bit of plumbing....

 

 

Waterfall

Following the sound of the water, I turned into the bedroom corridor and could see that the lovely flat roof appears to have sprung a not so lovely, and sizable leak!  Either that or the indoor waterfall effect has become a new feature??

Yes, I called the listing agent to alert them of the problem - but heading back out to my car, I put a big X onto that listing.  The amount of needed repairs at this address just skyrocketed I fear!

 

 

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                        Showing Olympia - Let me show it to you!!

For Info on the Communities of Olympia, Lacey & Tumwater  WA and the real estate to be found here, just call me, text me, email me!  And I'd love for you to subscribe to my blog.

Nancy Conner, City Realty Inc,    360-701-1086     nancy@cityrealtyinc.net      

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Rainmaker
1,676,206
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Yes, we have many of these as soon as you pull up to the curb or just step inside. Some of them you just ask WOW, that wasn't in the description or photos.

Nov 24, 2012 11:05 PM #1
Rainmaker
856,626
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Yes water in the house through a roof is never a good sign.

Nov 24, 2012 11:32 PM #2
Rainer
172,308
Arizona Home Group RE/MAX Excalibur
The Arizona Home Group - Scottsdale, AZ

Hopefully, the potential buyer has a good home inspector!  What a nightmare for the sellers.

Nov 24, 2012 11:42 PM #3
Rainmaker
631,319
Nancy Conner
Olympia, WA
Olympia/Thurston County WA
Even from the photos I was pretty sure this one was going to be a long shot, Winston. But the new development of major water damage sure seals the deal - pass!
Nov 25, 2012 01:14 AM #4
Rainmaker
631,319
Nancy Conner
Olympia, WA
Olympia/Thurston County WA
So true, Elite Home Sales Team! Now I'll be curious to watch this one to see if the bank that owns the house does some repairs or lowers the price....or none of the above!
Nov 25, 2012 01:16 AM #5
Rainmaker
631,319
Nancy Conner
Olympia, WA
Olympia/Thurston County WA
Hi Melanie! In this case, I was previewing for buyers who decided this one is way too much of a project to even make an offer. And since the seller is a bank, I'm trying to drum up some sympathy.....but think they maybe needed to do a better job of proactively securing their property against damage like this.....
Nov 25, 2012 01:19 AM #6
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Rainmaker
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Nancy Conner

Olympia/Thurston County WA
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