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All Forum Posts by: Lisa Simpkins

Lisa Simpkins has started 3 posts and replied 5 times.

We recently leased a home to allow us some time to find land and build a new house.  This is not my first rodeo in rentals, private landlord, and leasing company. When we moved in the previous renters left a ton of debris (wood/fencing/old carpet etc..). It was undeniable that the leasing company did not have the home inspected or professionally cleaned, fire alarms broken and missing, light bulbs burnt out, carpets filthy, windows inside/out so dirty you cannot see out of them, 1/2 inch of dust and dirt on the ceiling fans, window sills, bathrooms not cleaned...just a complete mess. Additionally, there are several items, that I, as a homeowner, would have fixed, siding falling off, damaged, cracked ceilings. I did a walkthrough before signing the lease, but the former renters were still in the property and were assured by the agent it would all be fixed... NOT! 

I have sent several emails to the company to have these items repaired and also noted the condition of the property w/ pictures (25). All they would do is offer me a $200 credit towards getting the house cleaned.  I want to make sure we are not held responsible for any of this when our lease ends.  What else should I be doing to make sure I do not fall victim to a - Absent landlord making $$$ off us....????? 

Unfortunately the buyers back out of the deal. They wanted me to meet with several contractors over the next 2 weeks for them to get quotes on things like flooring, windows, decking... They had 3 weeks for their due diligence, yet came back with all this 5 hours before the deadline.  They wrote the contract and set the deadlines, I have a full time job and don't have time to be taking off to be meeting with contractors for things that are on the buyers "wish list" to come back and ask me for more concessions $$$$.  I see that is completely unreasonable.  I was very clear the house is sold as is. There was nothing identified on the home inspection report that was needing to be fixed. 

My primary res. in Midway, UT has now been under contract 3 times in the last 6 months. All have backed out due to various issues on their end, not the house. Today is the DD deadline is today and the buyers are wanting an extension to seek additional quotes for new windows and chinking of logs posts on my deck.  I have already provided them with quotes, but they are seeking their own.  It is prime buying season and my house has been tied up since June 30th off the market. (3 wks now not on the market for the 3rd time).  My opinion is not to extend this DD as these are items that are not costly items to repair, both repair quotes came in under $2K each.  They could easily be quoted out after closing.  My realtor is telling me to extend, I say no.... I understand they could back out. I am really at the end of my rope with tire kickers. 

Any thoughts on this? 

I can't get a HELOC due to D/I ratio too high.

I purchased my home with the intent on reno/flipping it w/in 5 years. I am now at that point, but still need a complete kitchen over haul ($15K). My personal funds & ability to secure additional conventional financing has hit the wall.  Home value is now at $725K and owe $400K on it. Any ideas on how to get $ to get across the finish line & sell.  Located in Midway, UT (outside Park City, UT - hot market).