yeah, it's supposed to be a small town life sort of thing. A horse community with a country feel with views and rolling hills. It had a good school system but the house was one house away from the corner house. No job center nearby (only one real shopping center). I'm pretty sure they are building like 150 condo units and a possible three story apartment bldg. The 3 story bldg is having trouble getting approved because it's not compatible with the rural feeling of the community (so the article said). I probably would think traffic would get worse as they already have a traffic problem and are expanding the highway in the future. Probably wouldn't erect the bldgs with the back to the house because the house is at the entrance of the street. A likely location for a sign of the apartment bldg kind of thing.
So I just got off the phone and they said that at this point there are no permits or anything to change the property. They were going to in 2007, but the economy tanked and now nothing for at least 5 years (kudos Staresce). But after that, there may be some changes. Is that too vague to consider buying? With the economy the way it is, my husband and I were prepared for ten years, more if necessary.
No time for other houses. They might approve this week! With the bailout falling through maybe it's best I wait for a house without the question mark across the street...
I turned down the house. The property across the street turned out to be zoned multi family and although they couldn't build until they could get water and sewer, I didn't feel comfortable taking it on. A person who was overseeing the planning told me that they want to build something there and that could be residences, condos and apartments (when they could eventually get the utilities), a fire station (gasp) and potentially a retirement facility. I'm not sure if it's the responsibility of either the owner or the real estate agent to disclose these things. I initially asked because the property looked a little unkept but then when I found no information on the internet I told her I was mistaken that the property had been sold. Unfortunately, when it came to my realtor, she wouldn't really do too much work on my behalf. That's why I don't have her representing meanymore.
I am getting a VA loan and was wondering if I'll be able to get a first time buyer credit (or interest free loan) of $7500.00. I heard some programs don't qualify for it, is this one of them?
I am in escrow on a REO and the bank will not be including a home warranty. I have already done my inspections and everything big is in good working order. I have heard a lot of bad things about home warranty companies but was still planning to buy a home warranty. The house has central heating, a dishwasher, a broken, needing to be replaced microwave, no refrigerator, and two of the burners of the stove aren't working properly. I plan on buying a fridge, a microwave, and repairing the stove. Ac is plumbed but there is no unit. So what are your thoughts? Should I buy a home warranty?
Would You Buy This Home?
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