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All Forum Posts by: Charletta Goodman

Charletta Goodman has started 4 posts and replied 22 times.

Post: Buyer’s Contract in South Carolina

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
@Mark A. I've been using the same agent and I always have to sign one. My agent usually waits until I'm ready to make an offer, not when I'm just looking at properties.

Post: HELP: HUD Inspection-No Electricity

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
I found an electrician but my loan officer said they won't except an appraisal done without electrical and plumbing tested.Looks like I may have to cancel this bid.This being my first property, I'm not sure about taking this risk.

Post: HELP: HUD Inspection-No Electricity

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
My hope is that it isn't major, since HUD estimated the repairs would be $500. From reading other threads, it seems like HUD inspections are usually reasonably accurate. Fingers crossed. I'll try to line up a electrician asap.

Post: HELP: HUD Inspection-No Electricity

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1

I have a contract on my first property, which is a HUD home. I'm scheduled for the Inspection, but HUD rejected my request to have the electricity turned on. It states on the PCR from HUD that there are electric wiring issues and the system would not power on with a generator, which is probably why they rejected it, BUT they also only estimated the repair cost of $500. This being my first property, I'm a little worried..should I be? Any thoughts from the HUD pros?

2 free apps.. Venmo or Cash (app called Cash)

Post: General Contractor in Florence,sc

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1

Hi, I know this is an old post but I'm looking for a GC in the Florence area as well...did you find anyone you would recommend?

I received quotes in the Florence area which is 1hr from MB and they were all about the same as your quote.

Post: Collect rent with Venmo?

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
And there's an app called Cash.

Post: Is it better Better to buy and repair ?

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
Title edit..sorry too many betters...

Post: Is it better Better to buy and repair ?

Charletta GoodmanPosted
  • Florence, SC
  • Posts 22
  • Votes 1
I have 2 potential properties in the same area with same potential value. P1 for $40k will require $15k to repair and update..P2 $80k with $5k needed for repairs . Same seller is offering the properties.Is it better to buy and repair or purchase the one with the least repairs but higher price? I will be paying for the repairs out of pocket.