Lizardking

Ive purchased 5 homes in Lehigh in the last 8 months. None of the homes I have purchased show symptoms of defective drywall.

One home I purchased was only 33k, but was used as a grow house and needed about 15k in repairs/upgrades

One home I purchased was only 48k, but had been vandalized and needed approx 8 k in repairs/upgrades

One home I purchased was only 50k , was brand new never lived in, but needed ac and apliances

One home I purchased was only 65k, and was move in ready at purchase, sold with no repairs

One home I purchased was only 65k, Ive put about 3k in upgrades, and now have a 2000 sq ft home with upgrades under 70k on city water and sewer.

So the deals are certainly available to CASH BUYERS. Even financed buyers are getting smoking deals compaired to the peak or replacement cost, but the cash buyers are getting the best deals. - Wed Dec 2 2009, 09:33

As everyone else has mentioned, I would avoid allowing the seller to remain after close. In fact unless you can get the deal done without it, or a LARGE DEPOSIT that has CLEARED prior to close, I would walk away and find another deal.

If you have done any amount of looking at homes in Lehigh, then Im sure you have seen the results of an angry tennant. Holes in walls, appliances stolen, fecies left, you name it and it can and will be done.

If the tennant is worried about getting items moved out, then maybe suggest a compromise that suits you.

Tell the tennant they must vacate the home on or before the close date (they can get a weekly rate at a hotel for a couple hundred bucks a week or less). Allow them to leave items in the garage that will be moved to the new residence on or before a set date agreeable to you. IF FOR ANY REASON THEY DO NOT MEET THE DATE, they effectively sign over the property to you to do as you wish with (throw away, allow them to grab late, whatever).

Atleast this way they are not in the home destroying it before you take possesion, or setting you up to evict them.

Also make sure to inspect the house again before you sign and pay, as at this point your likely going to have an angry seller/tennant to begin with.

Lastly, if the tennant is not the person doing the short sale, and is a renter of the property by all means DO NOT ALLOW THEM TO STAY, and check the property over well before you close. They are likely pod that they have to move.

Be careful, you can only imagine the amount of damage a person can do to theese homes in a matter of minutes. - Wed Oct 7 2009, 12:28

Your not going to find anything newer anywhere but Lehigh in the 50k range. Even in Lehigh 50k is getting tough for a move in ready larger newer home right this second.

Mickey - Wed Sep 9 2009, 08:40