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All Forum Posts by: Lynne Hart

Lynne Hart has started 22 posts and replied 93 times.

Post: Auction Property with flooded, in accessible basement...

Lynne Hart
Agent
Posted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 111
  • Votes 48

So, here's the follow up.  It was either a busted pipe or stolen pipe.  The PM company has had the water turned off, but issues will have to be addressed after the fact.  Likely some drainage.  The property is not on hills, neighbors have no problems, etc.  In other news, I can't get the title searched fast enough so I'll skip this auction, and move on to another now that I understand the lead time for the other tasks.  "I learn by doing".  :)  Thanks for all the feedback, and the reminder about sewer inspections.  I'll add this to my routine as I make it - in fact I've done it on all past properties, just getting to the swing of a routine!  Truly appreciate all the fantastic advise and opinions!  Thanks all!

Post: Auction Property with flooded, in accessible basement...

Lynne Hart
Agent
Posted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 111
  • Votes 48

I did get into the rest of the property.  Besides being ugly as heck, and needing the basic cosmetic work, its relatively solid.  I paid close attention to the roof and walls in case of any leaks, but no indicators of that.  Trying to get in touch with the property management company and/or get more info from the selling agent before the auction starts.  It wasn't the kind of water that had been their long, and the neighbors are watching the property pretty closely.

Post: Auction Property with flooded, in accessible basement...

Lynne Hart
Agent
Posted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 111
  • Votes 48

Considering a first property off auction (pre-1900 duplex in STL City, typical foundation style). Unable to see basement due to 4-5 inches of clean clear (seemingly standing, or slow/low leak underwater) that was in the walkout stairwell - peeking through the window revealed entire basement flooded. Property management company had just been called. Could be an even sweeter deal, but I lack deep experience in the varieties of things this may be. (My thought, burst pipe over winter weather, but why did the water not drain?) I would love to hear from you both on the variety of things that might be causing a flood, and options with the auction or PM company for understanding the cause of or how they handled the situation. I'm thinking to call this morning and see what I can find out. I'm unwavered by small problems, but likely uneducated of how big a deal ($$) this might end up to be. Certainly get that I'll have to replace any mechanical equipment submerged. Seems not to be sewer water..... am I likely snaking a drain and fixing a burst pipe? What are the other big scary things I might find causing this in a St. Louis city basement?