AT what point do you start busting heads here.

Kenny_McCormic wrote: I never could figure that one out. Are you telling me that up there you typically just write a check and sign the title and it's yours the same day?

It's a little more complicated than that, but not much. When you make an offer on a property, the closing date is part of the negotiation. Once the offer is accepted, it's a contract, and there is no question as to when you take possession. You can do all the paperwork yourselves, but I've never paid more than $500 for a lawyer, so it's not worth my time. Basically, you make the offer, sign some papers, give the lawyer a cheque, and pick up the keys on the closing date. Pretty drama free.

Good thing that worked out weary,or you coulda been living in a van, down by the river.

In reply to Zomby Woof:

I believe that's called a "short sale" or something like that down here. Not typical outside of foreclosure and tax seizure properties AFAIK.

wearymicrobe wrote: Even when we have paid cash for a house it still takes at least 11-17 days, with the title check and all the associated papers. I have not done is since they have been making you doc every bit of cash that you receive.

Even if the buyer is paying cash, odds are the seller has a mortgage. Escrow basically exists so that the mortgage holder can validate that money and title transfer happen atomically -- that is, that they can't get screwed by handing over one and not getting the other.

IIRC, you can skip title insurance if you want if you're paying cash.

Even if the seller owned the house outright and the buyer was paying cash and didn't want title insurance, you'd probably still be required to use escrow because the state wants property tax to be paid at the transfer and is expecting there to be an escrow account.

Zomby Woof wrote:

Kenny_McCormic wrote: I never could figure that one out. Are you telling me that up there you typically just write a check and sign the title and it's yours the same day?

It's a little more complicated than that, but not much. When you make an offer on a property, the closing date is part of the negotiation. Once the offer is accepted, it's a contract, and there is no question as to when you take possession. You can do all the paperwork yourselves, but I've never paid more than $500 for a lawyer, so it's not worth my time. Basically, you make the offer, sign some papers, give the lawyer a cheque, and pick up the keys on the closing date. Pretty drama free.

So the banks there don't require appraisals, home inspections, etc to be completed and approved before the closing date?

I know this wouldn't be the norm … but if you're truly paying cash, then the bank wouldn't have any say-so in the transaction … I imagine you wouldn't "need" a survey, an appraisal, a home inspection, etc ….

straight up .. buyer beware

'course the feds would have a say in the transaction due to the amt. of cash

all of those other things are more for the banks protection than anything else aren't they ? (regardless of how the buyer might benefit)

z31maniac wrote: So the banks there don't require appraisals, home inspections, etc to be completed and approved before the closing date?

They require an appraisal which they take care of.

Well we have keys and the house is empty and it is just hilarious the stuff we are finding.

The bedroom which is totally 80's porn has little chrome strippers holding the can lights over the bed. I never even noticed it.

Wow, mirror wall!

Is the basement floor to ceiling shag carpeting?

Kenny_McCormic wrote: Wow, mirror wall! Is the basement floor to ceiling shag carpeting?

No but the bathroom had three shower heads a bidet, mirror on the whole wall and ceilings and a tube big enough to have a roman orgy in. Someone somewhere has got to have shot porn in this house. Each room is a different color of paint, each light socket is a different color or beige, the light are all different wattage and color ranges. The ceiling is like three different whites in the same room.

But darn if it is not built right. I even found out that the garage is actually pumped for compressed air and there are hidden connections for your tools like every five feet today.

I bought a big giant mirrored bowl to keep all our keys in off amazon last night to harass off my wife.

So what are you going to name your production company? . And a hardy "attaboy" for shopping garages with a house attached.

Plumbed for compressed air every 5 feet? THEY REALLY DID SHOOT PORN THERE

Kenny_McCormic wrote: Is the basement floor to ceiling shag carpeting?

We had a house like that in the 70's, but it was the living room that was carpeted floor to ceiling.

No but the bathroom had three shower heads a bidet, mirror on the whole wall and ceilings and a *tube* big enough to have a roman orgy in.

I do not wish to hear about this tube.

Tim Baxter wrote:

No but the bathroom had three shower heads a bidet, mirror on the whole wall and ceilings and a *tube* big enough to have a roman orgy in.

I do not wish to hear about this tube.

Tube, Tub no difference.

These were about the couches in the living room.

There were like 20 pieces of "art" like this throughout the house when we looked at it.

You bought Quagmire's '80s dream house

Where's the original thread where you were posting about this place? With the pics?

Nvm found it. Man that place is bizarre. I like it!

GameboyRMH wrote: You bought Quagmire's '80s dream house

Be careful what switches you flip, one might activate the knock out gas and stirrups

You never know, you might end up liking the mirror wall.

What are you doing, honey?

Just looking through some old videos to try and see how the previous owner used it.

Then why are your pants around your ankles?

Research, honey... research.

In reply to wearymicrobe:

Sounds like it's coated in a patina of semen and cocaine.

Great that the deal ended up going through, though. My house went down to the wire and it was beyond stressful.

TRoglodyte wrote: And a hardy "attaboy" for shopping garages with a porn studio attached.

QFT

And just a hunch, but I'm thinking if you take up the former owner's "business" you'll likely find it more profitable than your day-job.

petegossett wrote:

TRoglodyte wrote: And a hardy "attaboy" for shopping garages with a porn studio attached.

QFT And just a hunch, but I'm thinking if you take up the former owner's "business" you'll likely find it more profitable than your day-job.

More then likely. Wife would not be happy.

I have had no internet for the last three days so we are still de-porning the house. The downstairs is now livable and clean, our realtor friends are flabbergasted at the change for what amounts to some paint and proper furniture. I am going to have to tear the kitchen out though, no way around it. No reason to start tearing it out until I get the cabinets designs finalized and in-house though.

I found a beautiful Kofod Larsen pair of couches on Craigslist to finish out the downstairs and a original Salig Z chair set but these need to be restored. Someone painted the wood black and the fabric and foam is completely shot. F'n Animals to do that to a original Z.

Neither I nor Google has heard of Salig Z, so I'd probably pain it black too.

How bout one of these?