Reply to Do we buy the abandoned disgusting house?

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[quote=Anonymous][quote=Anonymous]1. Get an inspector and contractor to go through it with you.
2. Make sure to have an appraisal contingency. 
3. Make sure you have funds to keep renting while you repair.
4. If there is a smell and it’s not a huge house, consider taking it to the studs if you can afford it. You may also be able to gain some functionality by taking a non load bearing wall down.

[/quote]

Yup to the last point. We bought a fixer (also an incredible deal -- $400,000 for a 4 bedroom in Shaw) and it smelled like 100 years of cats, so we did a complete gut -- tore down the walls and started with the studs. But the benefit of that is that everything is new and wonderful -- new electrical, insulation, floors redone, kitchen and bathrooms, obviously walls. We probably spent $200k total. We LOVE our house so much and never want to leave. It feels like it has so much integrity when we walk around -- it's solid. And smells very nice!

If you have the money and the stamina, fixers can be [/quote]

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