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09-17-2008, 06:01 PM
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Senior Member
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Join Date: Feb 2008
1,507 posts, read 871,496 times
Reputation: 336
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skapur - now, while you're in attorney review, is a good time to ensure that the house you are buying does not have a buried underground oil tank, or if it does, that the seller agrees to remove it prior to closing. It could end up costing you thousands of dollars and is not covered by insurance, so speak to your attorney about a clause that will cover that. And Wiley is our resident expert on the boards if you have technical questions.
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09-17-2008, 06:22 PM
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Senior Member
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Join Date: Jun 2008
118 posts, read 90,757 times
Reputation: 31
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Lusitan, owner will double the house price if he knows about oil tank :-)
Thanks for all the support guys..good luck for all of you.
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09-17-2008, 06:53 PM
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jersey girl at heart.
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Join Date: Jul 2008
Location: Central NJ
960 posts, read 647,444 times
Reputation: 225
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What are people finding is the turnaround time between getting your estimate and having it undergo full underwriting to a mortgage commitment? I'm trying to gauge when I should begin to panic. 
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09-18-2008, 05:40 AM
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Senior Member
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Join Date: Aug 2007
1,376 posts, read 786,796 times
Reputation: 231
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Quote:
Originally Posted by wileynj
I'd rather be in your shoes than where I am now..sitting and waiting for a buyer 
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I'm right with you there Wiley!! 
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09-18-2008, 05:42 AM
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Captain Obvious
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Join Date: Nov 2006
Location: OH->FL->NJ
1,774 posts, read 1,235,462 times
Reputation: 392
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People are buying in reduced numbers, but they are buying. Well priced in a good burb move fast.
I know cause I sell them their fridges at Sears on evenings and weekends.
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09-18-2008, 05:52 AM
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Senior Member
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Join Date: Aug 2007
1,376 posts, read 786,796 times
Reputation: 231
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Quote:
Originally Posted by ottomobeale
People are buying in reduced numbers, but they are buying. Well priced in a good burb move fast.
I know cause I sell them their fridges at Sears on evenings and weekends.
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Ok, when you find people "browsing" because they are considering buying a house, you need to send them my and Wiley's way.
That would be a great early holiday gift.
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