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02-20-2009 07:28 AM
Valleyman, what company if your warranty going to be with?
I really sat and read through the complaints and a few seemed legit, but most of them seemed to be that the customer never read through the contract and was expecting a brand new top of the line whatever to be installed where the contract clearly spells out they they only cover up to $1500 on the heating system or whatever. I have a feeling that may be the issue. People not reading the contract and then being upset that it isn't going to cover the whole thing.
02-20-2009 12:40 PM
02-20-2009 04:12 PM
Thanks. That's good to know. I think the people posting negative reviews failed to read the contract. Also, you know more people are going to get on and say something negative then those who will get online and take the time to post something positive. So, I'm trying to weed through legit complaints and see who else just seemes scorned.
I think it might be worth it to try for a year and see what happens. Atleast it offers some peace of mind.
02-27-2009 07:21 AM
I know I'm late on this subject. But I see you were worried about de-winterization of the house. I just wanted to let you know I de-winterized the home I'm purchasing myself. It's really easy to do. I followed the steps on this insightful link: http://www.homeinspectoratlanta.com/system/files/userfiles/dewinterizing_checklist.pdf
Every plumber I contacted wanted at least $125 - $150 to de-winterize the house. It only cost me $10, which is what I had to pay for a water meter key from ace hardware to turn the water on from the meter at the street to the house. Even though I'm late on this topic, I figured it would be useful to others buying REO properties that have been de-winterized. I hope its not against the TOS to post that link, if so feel free to remove it and just pm me for the link.
02-27-2009 09:26 AM
03-12-2009 08:07 AM
Dead deal. Was about a week away from closing and learned from lender that home is in a flood zone and I needed to obtain some flood insurance. After pulling flood maps from FEMA I find out its in a A zone flood plain and labeled as high risk. It was confusing me since there is no water in the area....but...there IS...there is an underground brook on the next block and this house sits dead center in the flood zone. Last time it flooded was 5 years ago according to the town. That's too close to comfort for me especially since my business was going in the basement. And, flood insurance was going to run an extra $150 a month! Screw that.
Back to the drawing board!