Not as easy as it used to be and the banks are drying up for sure.

I have not heard of section 8 going dry.

Things dry up, and that cash earned slips away from them.

I just got an offer accepted on a bank-owned property that has a well and septic, and I have inspections on both of those as my only 2 contingencies.I just got off the phone w/a company that told me they can come and do the pump-out and inspection, but said they wanted to let me know that the inspection won't tell me anything useful on a property that's been vacant for 6 months or longer (this one's been vacant at least a year, I believe).They told me everything settles, the leach field dries out on its own, and the only way to tell whether everything works properly is when you have the day-in, day-out usage.This is the first time I've heard that.

* The scam is: the up front cost to you has a deadline - to keep you sucked in, bled dry each year!

Three estimates from roofer came between $5600 and $8000 to repair them.FIRST FLOOR- We find that in the corner under the window the wooden floor is not rigid, and there is sign that underneath of it there was a water infiltration even though it was dry in that moment.- The bathroom shower has some tiles on the ceiling that are falling, obviously a leak for the bathroom on the second floor.

The first property didn't have a ductwork and very little electrical located within these walls, because of this we were able to take down these walls and re-dry wall around the newly installed ductwork.

Here is my current situation if you have any advice as this is where this post stemmed from- Expert advice needed!!

Secondly, make sure you get an inspection before you are locked in as I have walked away from houses that had extreme repair costs for specific items (10k and more per issue) due to: Failing septic system, mold remediation, methamphetamine contamination, dry rot.

It can be very dry...it's all about making sure you stay out of trouble with the law, nothing to do with selling Real Estate.