So there I am, looking at this empty lot with the real estate agent. Suspicious fire, tax evasion, insurance fraud, yada yada yada. Foreclosure = Cheap. Cheap is good. Cheap is within my budget. Cheap means I can afford to build what I want.
And then, then he says. "Shall we go look at the warehouse"? "Warehouse?" says I, looking blank.
It turns out that this guy owned two warehouses on adjoining lots and tried to burn them both down when he ruined his businesses, etc, etc. Something like that. Anyway, he succeeded with one, hence, empty lot, but the fire department managed to save the second one.
Arrests, trials, sob story all over. Real estate agency that's working with bank figures it can sell them better two for one. And of course, basically as is. The outside of the warehouse is a little scorched but the inside is still in good shape.
So, long story short: I have it on contract. Which means I made an offer and they accepted but we still have to do the inspection and finalize all the details.
Oh, and!
( Picture )
And then, then he says. "Shall we go look at the warehouse"? "Warehouse?" says I, looking blank.
It turns out that this guy owned two warehouses on adjoining lots and tried to burn them both down when he ruined his businesses, etc, etc. Something like that. Anyway, he succeeded with one, hence, empty lot, but the fire department managed to save the second one.
Arrests, trials, sob story all over. Real estate agency that's working with bank figures it can sell them better two for one. And of course, basically as is. The outside of the warehouse is a little scorched but the inside is still in good shape.
So, long story short: I have it on contract. Which means I made an offer and they accepted but we still have to do the inspection and finalize all the details.
Oh, and!
( Picture )