All Forum Posts by: Zachary Morgan

@John Teachout sorry if this a dumb question: would the bank tell us how much it would be worth in good condition when we get it appraised?

@Ned Carey she would stay with my aunt for the time being while repairs were happening and then move back in for a while.

Looking for some insight.

My mother lives in a home built by my great grandparents, she is getting older and cannot afford repairs. There is nothing owed on the home, and she has offered to put the title in my name. I’d like to fix it up to rent or flip.

Some background on the home: it is in Louisiana and is on piers. The home has a broken seal, the original wood floor has started to buckle, and there is asbestos siding on part of the home.

Just wondering what would be a starting point here, our plan is to get it inspected but other than that we are lacking experience/direction. My main concern is that the cost of repairs would be more than the home is worth. Any advice or tips would be greatly appreciated.

Looking for some insight

My mother lives in a home built by my great grandparents, she is getting older and can’t afford repairs. She has offered to put the title in my name if I take on that damage.

Some background on the home, it is on piers with a broken seal, the original wood floors are starting to buckle, has asbestos siding on part of the home.

Just wondering what would be a starting point here, our plan is to get it inspected but other than that we are lacking experience/direction. Any advice or tips would be greatly appreciated!