Posted by wpage on October 09, 2003 at 09:42:35:
TH If your offer was not contingent on anything then how do you expect to come back later and ask for a reduction in price or to cancel the sale. You made the big mistake of not making the sale contingent on an inspection and/or financing. This could be a good lesson for you and others starting out. Always leave yourself an out!! Having said that I would follow through with the purchase, then find someone on a part time basis that is experienced in electrical and plumbing repairs. There are tons of experienced retired people in your area that are looking for part-time work. You may be surprised at how cheaply you may be able to do the work. Place an ad in your penny saver as follows: Handyman wanted to work with small landlord. Must have experience in small plumbing and electrical repairs. Will pay xx$$ per hour. 555-5555
You will be amazed at the results. Just a note of caution. Get references from these people and/or give them a couple of small jobs at first to see how they will do. good luck wpage