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Reply to "Feelings about house when you bought it vs. reality "
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[quote=Anonymous][quote=Anonymous]The costs and hassles of maintenance are high. Even on a property that's generally in good shape, there are always things to fix, replace, etc. [/quote] This. I wish I had 100k set aside for upkeep in addition to the down payment and closing costs. And never get so desperate that you waive inspection. This 100k is assuming that the property passes inspection. Assume you will have to hire a plumber, electrician, and replace the HVAC and water heater as soon as you move in unless the units are less than 10-15 years old and you can verify this by asking the seller and looking up the serial numbers.[/quote]
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