LogFAQs > #974921297

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TopicOwning a house is expensive as fuck. Renters have it lucky.
IdiotMachine
07/18/23 5:07:40 PM
#14:


TaylorHeinicke posted...
I mean, these all sound like things you know are coming when you're looking at the house, going through inspection, etc.

What year is the house? I bought one a few months back and my biggest stipulation was it's gotta be very new. We ended up finding a 2018 3br/2ba split level for 342k. Zero big ticket items so far (knock on wood)

Older houses are money traps for sure, but if you did your due diligence, the items you mentioned shouldn't exactly come as surprises.

Having said that, does your homeowners insurance not cover the wind damage and leaking? That seems like a bad policy if so.

Will_VIIII posted...
Did you not have an inspection prior to the sale?

Like literally all of that would have been mentioned.

Also some of that would have been covered by insurance so I'm sus of the op
Insurance covered wind damage to the fence at a depreciated value, and they rejected to cover any roof damage. They claimed roof was incorrectly installed to begin with. I actually went through an independent arbiter that I hired, and they fucking sided with the insurance company.

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