Monday, June 16, 2014

Advice needed

I've been trying to buy a house for a hundred years. The hold up on closing on the house I currently live is the garage. When the appraiser came out, she said the garage needed. Structural report. Don't even ask me how hard it has been to track down an engineer to come look at the building. I've gone back on forth about perusing someone to evaluate it and just having it torn down. 


I don't know how much value id lose. Or even one they think is on need of structural report is even benefiting the house value. 


What would you do tear it down, or keep it? It's a 2 car garage with storage above it. I'd miss the storage but even that area leaks a little. What would you do? 

10 comments:

  1. A couple of options, some with storage, some without.

    Pre-fabricated Steel buildings can give you an enclosed garage with storage above. IF you would ever want to turn it into an apartment type room that was insulated, that could increase the price a bit, but keep your belongings safe and without the wild temperature swings.

    Beyond that, they make carports that have garage doors and siding to the ground to protect vehicles from frost and such. Much cheaper, and you can purchase a decent sized wooden storage building.


    The steel building would probably be a bit more sturdy, but a bit more expensive. Good Luck,

    AF

    ReplyDelete
    Replies
    1. Thanks! I already have a smallish storage building in the backyard. I was wanting to turn it into a craft area. I have already started looking at storage building to replace the garage.

      Delete
    2. Some of the steel building companies have 2 story gambrel style garages, with a storage loft, and 2 car garage on the bottom. Prices aren't TOO ridiculous.

      If your concrete floor is in good shape, you can probably get by demolishing the building and then building a garage with apartment/storage area.

      Good Luck!

      Delete
    3. No Apartments!! My house guest needs to spread his wings and fly like every other adult

      Delete
  2. Since I'm an idiot and know nothing about this, I can't offer any advice. But the person above? They sound like they know what they're talking about.

    ReplyDelete
    Replies
    1. I don't know anything either. I do know that I never park in the garage because it feels like a death trap.

      Delete
  3. I work in a loan company and the exact same thing just happened to one of our customers, the appraiser was responsible for finding someone to do the structural report...are you sure its not the same for you?

    ReplyDelete
    Replies
    1. I've not been impressed with my loan company. I chose them because they were local and smallish and I thought I would get individual attention. But, I think they have grown more than they have staff for. Its only two people. I get ignored for weeks at a time. The loan co wants me to find another house. He referred me to his cousin who is a real estate agent. I looked at houses but really don't like any like I do this one. I finally tracked down an engineer today and he said garages like this aren't even being approved by building inspectors anymore so the best bet would be to tear it down. Now I am wondering how that will effect the original appraisal.

      Delete
  4. that's up to you girl. If you think you'll lose more money but putting lots of money into it then I'd get rid of it. But if you dont think you will then I'd keep it for various reasons.

    nightowlventing02.blogspot.com

    ReplyDelete
    Replies
    1. I still have no idea what to do but it is consuming my every waking thought

      Delete