Disturbed9
Rookie
- Banned
- #1
See the avatar of my property. I paid $15,000.00 for it at auction as REO foreclosure.
1,090 SQFT living space. 1.08 acres of land. Creek in back.
However, after purchase of property...
I have discovered.
1. Shale siding turned out to be asbestos.
2. Lincoln-log foundation. Beams are rotted floor sinking.
3. It was abandoned for two years, and all copper water feeds were stripped out be scavengers, and all the copper wiring, plaster and lats were busted in the process of these thefts.
4. Where walls are sound, LEAD PAINT.
5.Bathroom suffered extensive termite damage.
Here is my dilema.
It will cost me, labor and materials, $35,700.00 to gut this dump and remodel the whole place, roof to foundation.
If I...
A. Demo this place. $3,000.00
B. Place a nifty 45' x 75' doublewide for $24,500.00 all bells and whistles.
Financially, it is a no brainer. But I actually love the place.
What should I do?
Poll posted.
Tim
1,090 SQFT living space. 1.08 acres of land. Creek in back.
However, after purchase of property...
I have discovered.
1. Shale siding turned out to be asbestos.
2. Lincoln-log foundation. Beams are rotted floor sinking.
3. It was abandoned for two years, and all copper water feeds were stripped out be scavengers, and all the copper wiring, plaster and lats were busted in the process of these thefts.
4. Where walls are sound, LEAD PAINT.
5.Bathroom suffered extensive termite damage.
Here is my dilema.
It will cost me, labor and materials, $35,700.00 to gut this dump and remodel the whole place, roof to foundation.
If I...
A. Demo this place. $3,000.00
B. Place a nifty 45' x 75' doublewide for $24,500.00 all bells and whistles.
Financially, it is a no brainer. But I actually love the place.
What should I do?
Poll posted.
Tim