Well I was ready to put in an offer at $420k. They dropped the price to $400k the day before I put my offer in when option #1 took forever to fall through. The quote today came back at $7,500 all said and done. I can likely find someone to do it for $5k as the guy that came out is known for doing good work but also charging for it as well. There's also a list of 25+ minor issues like clogged gutters, destroyed crawlspace vents, insulation falling etc... Nothing you wouldn't expect from a 25 year old place.
What I wanted to do originally was go in on the re-pipe together 50/50 and offer to take care of the rest myself. Worse case scenario I'm still paying less than I was originally prepared to. Sounded like a solid plan until my agent ran to the sellers without any kind of plan and fucking threw me under the bus. Not sure what the point of that was but it still seems pretty salvageable at this point. My main concern is just wiping out my cash reserves getting this done. I just settled a ton of debt and don't want to create any more. This place is pretty attractive and things are going well with my buyers. It's in my best interest to make this work for now.
What I wanted to do originally was go in on the re-pipe together 50/50 and offer to take care of the rest myself. Worse case scenario I'm still paying less than I was originally prepared to. Sounded like a solid plan until my agent ran to the sellers without any kind of plan and fucking threw me under the bus. Not sure what the point of that was but it still seems pretty salvageable at this point. My main concern is just wiping out my cash reserves getting this done. I just settled a ton of debt and don't want to create any more. This place is pretty attractive and things are going well with my buyers. It's in my best interest to make this work for now.