Best place to start is to hire an Exclusive Buyer Agent. EBAs only work with homebuyers and there is never a conflict of interest that will jeopardize your negotiating position. Visit http://www.naeba.org for a referral to an Exclusive Buyer's Agent in your area.
I've had a book published on Amazon called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll be the best $6 you've ever spent. Follow the link below.
Best of luck!
You will probably want a General Contractor to do the work for you. They avg. from $18 - 24 per sq ft.
Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006-2013" By Gulfshore Life Magazine
Web Access to MLS:
Before you make an offer on the house, you certainly need to find the price to fix it. I am writing you because you may have just walked yourself into an awesome deal! Where most folks would walk away, you can purchase this home using the FHA 203K program and probably get it at a steal, fix it, and walk into a ton of equity!! The 203K allows you to finance the repairs right into the loan with only 3.5% down. All repairs are finished after closing. Unless you have a lot of cash saved up, this is the only way you will be able to close on this house because you might not be able to get insurance. Please give me a call so I can help you and make sure your offer is in line with what you should be paying for a home in this shape. I have been doing these loans for 21 years and have also been in construction so I am educated on both. My website is also loaded with info on the FHA 203K http://www.titanhl.com if you would like to check it out before reaching out.
Steve Moller, Realtor
Naples FL 34109
One of the problems is that if "air samples" are done, even after removal, the air test readings can be of a high level. This is because the drywall gases are absorbed by adjacent materials, wood, block, etc. This is why most abatement companies that know what they are doing will not only remove all of the nuisance material but they spray a sealant that contains the toxic odor that has been absorbed prior to replacing the wall board..
Chinese drywall is not an issue to cut corners with...it's important to do it right and have the work done by someone that will stand behind their work.
I know what to do and the lenders who handle such situations, call me after 1:00 today
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I have a customer who is closing on a 3/2 home in a couple weeks that had Chinese drywall. He is purchasing it bare down to the studs and will be replacing drywall everywhere. If you'd like to send me some information about the property and your email, we can discuss it further. Also, if you or anyone you know can help you remove the drywall and replace it all that would help with your cost, but you would need a professional to look at all your electrical wiring and outlets in the home.