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I'm sorry, but no way would I move into a home that backs to tracks like that with children. Especially with no fence! Actually, even if I didn't have children I wouldn't buy it! Then being able to see the cemetery from your back porch. No thanks! Its been listed for a year! Even if you can over look those major flaws, someday you will want to sell and guess what, it will take you over a year as well!
PLUS....wetlands will probably require flood insurance which is on top of your regular home owners insurance and costs DOUBLE!!!!
I'm sorry, but no way would I move into a home that backs to tracks like that with children. Especially with no fence! Actually, even if I didn't have children I wouldn't buy it! Then being able to see the cemetery from your back porch. No thanks! Its been listed for a year! Even if you can over look those major flaws, someday you will want to sell and guess what, it will take you over a year as well!
PLUS....wetlands will probably require flood insurance which is on top of your regular home owners insurance and costs DOUBLE!!!!
I get your points, it's not a flood area, as we got flood zone certificate, also cemetery is fenced out on the patio side, and you can't really see it from the porch either, now, tracks we are allowed to fence that are, which we probably will do right away.
OP, you clearly want this house. Every time someone has said what you pointed out as an issue, you responded that its not that big of an issue. It sounds like you want validation.
OP, you clearly want this house. Every time someone has said what you pointed out as an issue, you responded that its not that big of an issue. It sounds like you want validation.
If you like it, and you want it, JUST BUY IT.
I guess, you are right. We do like the house. No validation, just want to make sure it is not very bad decision from people who has experience.
I guess, you are right. We do like the house. No validation, just want to make sure it is not very bad decision from people who has experience.
Any house can be a bad decision or a good one. Markets fluctuate. Your area could have Google move in. Or someone could kill themselves in your yard. Crazy stuff happens. No one is psychic.
The best advice anyone ever gave me about buying a primary residence was to buy what I wanted and not worry about "resale" unless I planned to be there less than 5 years. People think that their house will/should make them beaucoup bucks as an investment. But as someone who has several rentals and a small commercial portfolio I can tell you that if you want to "invest" in real estate, plan to purchase another property to do that. If you want to live and raise your family in a house, buy the one you like.
This house has some obvious red flags, but all houses will. There is no perfect house. There is only the house that is right for you.
And PLEASE don't be a person who never paints a wall anything other than neutral because "resale" is hanging over your shoulder like some phantom from the cemetery next door. ENJOY your house. Live in it.
Any house can be a bad decision or a good one. Markets fluctuate. Your area could have Google move in. Or someone could kill themselves in your yard. Crazy stuff happens. No one is psychic.
The best advice anyone ever gave me about buying a primary residence was to buy what I wanted and not worry about "resale" unless I planned to be there less than 5 years. People think that their house will/should make them beaucoup bucks as an investment. But as someone who has several rentals and a small commercial portfolio I can tell you that if you want to "invest" in real estate, plan to purchase another property to do that. If you want to live and raise your family in a house, buy the one you like.
This house has some obvious red flags, but all houses will. There is no perfect house. There is only the house that is right for you.
And PLEASE don't be a person who never paints a wall anything other than neutral because "resale" is hanging over your shoulder like some phantom from the cemetery next door. ENJOY your house. Live in it.
I'm sorry, but no way would I move into a home that backs to tracks like that with children. Especially with no fence! Actually, even if I didn't have children I wouldn't buy it! Then being able to see the cemetery from your back porch. No thanks! Its been listed for a year! Even if you can over look those major flaws, someday you will want to sell and guess what, it will take you over a year as well!
PLUS....wetlands will probably require flood insurance which is on top of your regular home owners insurance and costs DOUBLE!!!!
ah. I didn't dig through enough to find that, but yes, that's a huge red flag to me. Sure, you may be buying with the intent of staying for a long time, but life can throw curve balls. What if you *needed* to move for some reason? Job situation, family situation, stuff happens and it can turn out that the house isn't the right fit after all. I would be quite concerned about a house that, while presumably way overpriced, sat for that long - although I would of course want the context of what was going on with other houses in the area.
I think that you shouldn't buy a house and ONLY think about resale, but I also think it's foolish to ignore that aspect.
I guess, you are right. We do like the house. No validation, just want to make sure it is not very bad decision from people who has experience.
I've owned 4 homes in the last 15 years so I do know what I'm talking about a little bit. You must take into consideration the fact you WILL have a hard time selling it. As I pointed out earlier it's been for sale for a year. With a house as nice as it is on the inside, that could only mean that people didn't buy it because of the outside! Eventually ALL homes sell, but it might take a very long time AND you might even walk away with less than what you paid for it. You have to ask yourself if you're OK with that? If you are than buy it and enjoy it, if you can't accept that fact than walk and find another house.
I also hope you put in an offer for WAY less than asking since it has been for sale for so long!!!
I would not buy this house because of all the red flags. The cemetery is not that big of an issue, the tracks will turn off buyers with pets and kids. The biggest is it's been on the market for a year and in that year went from 650 to 550. Land was bought for 100k so that's a pretty big jump. You say the area is desirable, yet they can't sell. It's been on and off the market, have other potential buyers found issues on inspections. Also the wetlands would be a big no for me. When I saw that house I thought the front was very unappealing and I'm imaginations they could only put that style house on that land. Not appealing for a 550k house. The inside is ok. If it fits what you like awesome, but I also think if something happens and you loose your jobs or whatnot and need to sell quickly or go into foreclosure you might be taking a huge financial hit and be underwater
I've owned 4 homes in the last 15 years so I do know what I'm talking about a little bit. You must take into consideration the fact you WILL have a hard time selling it. As I pointed out earlier it's been for sale for a year. With a house as nice as it is on the inside, that could only mean that people didn't buy it because of the outside! Eventually ALL homes sell, but it might take a very long time AND you might even walk away with less than what you paid for it. You have to ask yourself if you're OK with that? If you are than buy it and enjoy it, if you can't accept that fact than walk and find another house.
I also hope you put in an offer for WAY less than asking since it has been for sale for so long!!!
Well, I follow the logic, but it could have sat for no other reason than its overpriced. I don't know a single thing about the area, but I look at this listing and think that someone probably thought they would make some money and priced it too high. They may have had offers and were just stubborn.
Just because a house has not sold in a long time does not mean there is anything wrong with it or that a more reasonable seller will not have success. I do agree that the offer should be ruthless and that if the seller is not on board, it is time to look elsewhere.
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