Structural Damage/basement

Help me to understand this. I saw an attractive duplex, at market value in a decent neighborhood. The listing says As Is. Structural damage sounds serious to me. Why would they attempt to sell this at regular market prove with this serious defect? rolleyes

Comments(2)

  • Jimbezy13th April, 2004

    From what I've seen most relators do that, possibly to screw some newbie investors. But price is negotable, and in this case very negotalbe.

  • InActive_Account14th April, 2004

    Everone has a dfferent idea of what structual is.

    I had a single family house that a previous owner added a bath to.

    When the waste pipe for the toilet was installed they cut out a 3' section of floor joist "that was in the way" and didn't put a header in.

    That type of structual damage was solved with a 2x8 and some nails.

    The same house had a section of sill that was eaten by termites.

    $300 worth of wood + 2 days labor.

    Someone who knows what they are looking at will probably get a large discount off of the asking price for their sweat.

    JohnNH

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