I do not think Curley was talking specifics with your house, just making
a point of how stupid people are these days, and he is not wrong about that.
On 12/30/2019 8:17 PM, Dan Penoff via Mercedes wrote:
You’re talking out your butt and you don’t know this real estate market.
Properties like my house are under contract around here in three days on
average unless there’s something seriously wrong with the place. No one is
going to demand a new roof when one was just done less than 18 months ago. Nor
are they going to expect/demand a new heat pump when the one in the house is
under two years old. Same with the water heater. That’s crazy talk. There are
institutional investors in the wings with cash who will also come out of the
woodwork to grab homes like this to add to their rental portfolio.
With an average home age of 20 years in this area, if these items haven’t been
addressed yet it’s huge ding on the value of the home and will seriously affect
the marketability. With all of them done the house is good for another 20 years.
I don’t know what you’re smoking, but you need to cut it out.
-D
On Dec 30, 2019, at 9:09 PM, Curley McLain via Mercedes <mercedes@okiebenz.com>
wrote:
+1 Having just been through the mill, Mitch is exactly right. Any potential
buyer will want a new roof, new furnace, new WH, and probably new appliances,
and they don't give a shite about efficiency or cost, as long as they don't
have to buy the new roof/appliances. Cheap, crappy, new trumps fantastic,
efficient, and low operating cost every time.
Chances are the potential buyer will make you replace your fantastic,
efficient, and low operating cost hybrid WH before they will buy. (and the
relatively new roof)
Buyers are idiots, egged on by agents and brokers who are morons on top of
being idiots.
Mitch Haley via Mercedes <mailto:mercedes@okiebenz.com>
December 30, 2019 at 6:47 PM
Nobody cares about performance anymore, they want new.
Buy the above and put it in the house you're selling.
Better yet, wait a month and buy one with a 2020 manufacturing date.
If the hybrid is well maintained and working well for the foreseeable future,
stick it in the house you're moving into.
_
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