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hmmm so there is a house

#Post
1

here in Hamilton which has been on the market since March this year ..doesn't have an asking price just by negotiation.

so is there something wrong with it? fro the photos it looks nice and tidy good sizes section. is the vendor wanting too much?

4 bedrooms bathroom with separate toilet plus ensuite...2 living areas and double internal access garage.

cathi - 2021-08-11 16:59:00
2

Please provide a link.

committed - 2021-08-11 17:39:00
3

https://www.realestate.co.nz/3959457/residential/sale/13-ald
ona-place-fairview-downs

cathi - 2021-08-11 18:19:00
4

you could ask the agent why it hasn't sold

fromnature - 2021-08-11 18:21:00
5

There is one up here been on for longer and the reason for that one is Pcontamination.
The one in your post without knowing more I would say yes either owner wants too much or the age and the cladding puts people off - possible leaky home even if it isn't.

maddie44 - 2021-08-11 18:33:00
6

Cladding might be an issue as might price. Some buyers will be put off by no price but the seller may be ready to sell by now!

Edited by committed at 7:02 pm, Wed 11 Aug

committed - 2021-08-11 19:01:00
7

Property features
Title type: Freehold
Roofing: Corrugated Iron
Exterior Cladding: Direct Fixed
Lot Features: Fenced - Partial, Level

The direct fixed is possibly an issue, although on the upside it does have eaves. However it doesn’t state what the cladding is. That definitely needs investigation. Being it also states it was built in early 2000s, you can probably be sure it hasn’t got treated timber framing either. So another alert flag there.

Then there’s the fact it’s number 13 - off putting for some.

lakeview3 - 2021-08-11 19:14:00
8
cathi wrote:

here in Hamilton which has been on the market since March this year ..doesn't have an asking price just by negotiation.

so is there something wrong with it? fro the photos it looks nice and tidy good sizes section. is the vendor wanting too much?

4 bedrooms bathroom with separate toilet plus ensuite...2 living areas and double internal access garage.

aldona is social housing, rough as, looks an insulclad, ask the agent for the property file.

gabbysnana - 2021-08-11 20:17:00
9
gabbysnana wrote:

aldona is social housing, rough as, looks an insulclad, ask the agent for the property file.

well just by looking at the street on street view it looks less rough than our street.

cathi - 2021-08-11 20:31:00
10

It doesn't really look like the kind of house which has been used as a meth lab anyway.

tygertung - 2021-08-11 20:44:00
11

A few around there showing signs of "leaky house"
Was another recently that we looked at, was riddled with wet spots, so passed.

smallwoods - 2021-08-11 21:29:00
12

Paying for an inspection would be cheaper than buying it.

amasser - 2021-08-12 08:37:00
13
amasser wrote:

Paying for an inspection would be cheaper than buying it.

oh yes for sure anyone would be foolish not to spend say $1k on a pre purchase inspection (btw I have no idea how much they cost these days) and walking away as it costs too much to remedy than spend close to $1 million dollars and find it going to cost another $50k to get things right

cathi - 2021-08-12 08:49:00
14

The cladding will definitely be reducing the pool of buyers. If you like it get yourself a report and go from there. Also ask the agent for any reports done previously by anyone else.

superdave0_13 - 2021-08-12 09:36:00
15

if it aint sold fast in this market then later on is gunna be a problem if you need to sell. cladding will be BIGGEST worry - it ruins your life as its never ending repairs and worry. stay clear no matter what price

flagheaven - 2021-08-12 15:40:00
16

Maybe for some "legal reason" the owner has to be seen as "having it on the market", but does not really want to sell ?? May be a divorce settlement
"the longer it remains unsold the longer tthe ex-wife has to wait for her share

onl_148 - 2021-08-12 16:32:00
17
onl_148 wrote:

Maybe for some "legal reason" the owner has to be seen as "having it on the market", but does not really want to sell ?? May be a divorce settlement
"the longer it remains unsold the longer tthe ex-wife has to wait for her share

And i thought I was cynical.

committed - 2021-08-12 18:13:00
18
superdave0_13 wrote:

The cladding will definitely be reducing the pool of buyers. If you like it get yourself a report and go from there. Also ask the agent for any reports done previously by anyone else.

Funny story but when I worked in real estate, one of my colleagues had tried to to sell a similar looking house to the one in this thread. House didn’t sell so the owner decided to reclad with weatherboard. When recladding, owner found no evidence of a leaky home. Then when trying to sell a second time, some buyers were nervous that the house had been reclad and assumed it must have been a leaker!

Edited by committed at 6:19 pm, Thu 12 Aug

committed - 2021-08-12 18:17:00
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