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Updated over 9 years ago on . Most recent reply

User Stats

24
Posts
14
Votes
Elizabeth Davis
  • Investor
  • Houston, TX
14
Votes |
24
Posts

The house has a tree on it. Would you consider it?

Elizabeth Davis
  • Investor
  • Houston, TX
Posted

There's a house on my street that has had a tree lying on the roof since a storm on 05/25/2015. The owner/occupant had their satellite dish back on the roof the next day, but the tree remains. I know the neighbors behind the house and am considering asking them to take pictures from their house to see if I can tell what kind of damage the tree has done. My question is primarily for the more experienced investors, would you put a property like this on your "possibility, need more info" list or your "stay far, far away" list? I've heard from other neighbors the owners want to sell, but that's third hand info.  I think a great price could be had because it has a tree on it, but it could turn into a nightmare. Under what circumstances would you consider this property? I thought I'd see if I can find out if there's a mortgage on the property, but not sure it's even worth it. What would you do? Thanks!

Most Popular Reply

User Stats

13,452
Posts
8,349
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
Votes |
13,452
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

I would think that insurance would cover this, but maybe I'm wrong. 

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