PropertyInvesting.com | zebrax0r | Activity https://www.propertyinvesting.com/members/zebrax0r/activity/ Activity feed for zebrax0r. Thu, 09 Apr 2026 02:19:28 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4f9b189516ab291e32e820c9b2d79f9c zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/page/2/#post-4612679 Thu, 10 Dec 2009 19:59:30 +0000 Hi all,

Well, the story continues. The building + pest inspection people called me back. The photos prove that the main structure is indeed steel, but he’s also told me not to be fooled/have the wool pulled over my eyes by the owners/real estate agent. According to him, given the damage has been found in door jams and architraves, he is still…[Read more]

]]> fac1381a5198960d2b8bae6dbd1c97ea zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum OK. I've just got an SMS https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/page/2/#post-4612677 Thu, 10 Dec 2009 09:11:09 +0000 OK.

I’ve just got an SMS from the real estate agent.

The owner has crawled all over the roof (and inside it) to prove that the house is indeed a steel frame. They are sending the photos to the building + pest inspectors to prove it.

Waiting on the deliberation from the building + pest people, plus the quotes from building + pest to repair/fix…[Read more]

]]> 468dc3ab6a6c0c5671d779723305980c zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/page/2/#post-4612675 Thu, 10 Dec 2009 07:41:16 +0000 OK. Reassuring comments there, DWolfe.

So the plot thickens.

I got a call from the real-estate agent this afternoon. They’ve been told by the owner that the construction is a steel frame, and on this basis, doesn’t need an invasive Borer-scope done on the place.

This in itself is interesting. Apparently they have no proof of it though, so it’s…[Read more]

]]> 33367e4f12a9d2b3484563f3bae35238 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/page/2/#post-4612673 Thu, 10 Dec 2009 01:02:25 +0000 Scott No Mates wrote:
All the more reason to be bargaining downwards and moving away from your original offer.

Yup. Having never done this before, are we displaying “poor form” by making the offer they’d hope we’d make, to get it off the market, then doing the investigation and driving the house down in price?

I don’t want everyone to come…[Read more]

]]> 54bbbcb913765f4585cd1daa8ecd941b zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612671 Thu, 10 Dec 2009 00:30:18 +0000 Yup. Waiting on the quotes for repairs, let alone the borer-scope. I think we can knock 20k off without too much drama! That said, depends on how motivated the seller is. We’ve been lead to believe that the current owners need to get out _fast_….

]]> a80ce61ed7a430c2cc67b4a44e212ea6 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612668 Wed, 09 Dec 2009 11:12:57 +0000 dnh83 wrote:
Just remember your clause in the contract – don't feel obligated to purchase unless you're 100% confident with your decision.At the end of the day it's your decision – the agent will try his/her best to persuade you, that's their job.And remember, each and every day more properties are listed for sale ("There's plenty of fish in the…[Read more]

]]> d1ec085c01047862919abee50870a990 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612666 Wed, 09 Dec 2009 10:32:48 +0000 dnh83 wrote:
Hi Z,I'd also side with the comments made by other forum members.You mentioned that it's cheaper than anything else in the area that is similar – think about why…If we just consider PPORs for a moment, nobody want's to buy someone else's problem (this applies whether its a car, business or house)…the exception here is if yo…[Read more]

]]> 0ee1ddf64da0e2eb2b92dc5b3acd363c zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612664 Wed, 09 Dec 2009 10:00:35 +0000 Forest Lake PM wrote:
Hi Zebrax, I live and work in Forest Lake. Honestly depending on where the termite damage is I would possibly walk away. I have purchased my own home in Forest Lake. My house did have previous termite damage HOWEVER it was outside in a small plank of wood in the very small retaining wall. So I continued to buy it. Having…[Read more]

]]> 1ddda4d8bf025b1c94f5f9ddee0989c0 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612661 Wed, 09 Dec 2009 07:06:18 +0000 Lalibella wrote:
Bummer, sounds like a nice place and I bet you have fallen for it! Yeah, I'd do a runner.  Its a lot to spend on your first house and have the thought termite damage in the back of your mind all the time. Termites are a fact of life for most of Oz but there are plenty of homes not affected.Plus the drainage issues…whats next?…[Read more]

]]> 20790e1f2cdf847787e2e643411bc370 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612658 Wed, 09 Dec 2009 01:49:26 +0000 Good thoughts there, JacM.

Looking into it now. This is always a possibility, and has potential to lower my loan, and improve property value in the long run.

]]> a21bce175d1650d388a791d5b3f26243 zebrax0r replied to the topic Buying a house in Forest Lake. Some termites and other problems found. OK? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398031-buying-a-house-in-forest-lake-some-termites-and-other-problems-found-ok/#post-4612656 Wed, 09 Dec 2009 00:01:55 +0000 Interesting.

So for the majority, people think I should walk away from this one?

On the outset, it looked like a good buy, simply because of the 20k++ pool installation and that on the surface, 20km from the city, with a new train line going in was a good deal…

But maybe not so much?

Looking for the wisdom of crowds…

z

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