Quote:
Originally Posted by kerry
House can't be taken down, it's an historic district. The first post-apt owners planned to demolish it and was hours away from a bulldozer before the city stopped them. ... My suspicion is that the most recent flipper let it go back to bank because he finally confirmed what I told him within days of his purchase, that due to a city sewer easement, there isn't enough room to build a garage behind the house. The house will sell at a substantial discount due to lack of a garage, and his profit margin went down the toilet. ... I'll grant that rich people will rarely mug you. The crimes of the rich typically involve $$$$$.
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I was just razzing you and SRJ on the crime end of things...but let me ask...how far from reality am I when it comes to asking the city and getting it in WRITING before you even pull penny number 1 out of your pocket for this type of project?
Like you said, it seems the everyone jumped into this house assuming that you could just take hammer, nail and saw and rip away...
Wasn't there any lawyers involved to advise them on historical designations, covenants, set-backs (more the city's doing than anything else, but even common sense would dictate knowing where you leave a roof overhang dangling and related items near property lines and such...).
This place seems to be cursed, or at least a money-sucking black hole for idiots with too much cash (How the hell do we find anyone like that right now with the economy the shape it's in? ).
I suppose P.T. Barnum was right...suckers are born every minute. Banks seem to be the ones finding them the best, lately...
