All Forum Posts by: David Griffey

Thanks for the reply. Just wondering how that turned out for you. Did the contractor try to enforce the lien or let it expire?

A mechanic's lien was placed on a property I am selling. Long story short - crappy work that was never completed, tried to negotiate a settlement with no response from contractor. We both have attorneys, he filed a lien.

I would like to bond the lien off, but am having a lot of trouble getting clarity on how this works. I have talked with my lawyer, other lawyers, and the county clerk. No one seems totally certain how this works. So my question is, if I post a surety bond on the lien will it give me a clear title so I can sell the home? The county clerk says the bond will show up when the title search is done. I would think this means there is not a clear title. So, next question is, how does bonding off the lien really help me? My purpose is to get clear title to sell. The property is in Kentucky. Also, the clerk only accepts surety bonds through an insurance company to bond off the lien. I also have to get an irrevocable line of credit from my bank first, then work through the insurance company.

Has anyone here done this before? Any advice is appreciated.

Roy thanks for the reply.  The flooring looks pretty cool but out of my budget.  The system they install for the basement is like a B-Dry system.  I want to secure the bottom of the frame to the wall and not the floor so I don't void the warranty.  There is no moisture now in the basement I just don't nail trough the floor concrete.  

The egress window looks like it is going to cost 2 grand if I have to do it.  I need the basement bedroom to count since it currently is only a 2 bedroom.  I have to make it a 3 bedroom in order to get my money back.

I have a couple of questions.  First I just had my flip property waterproofed or redirected.  So, I was told I could not nail any studs or carpet strips to the floor or I would void the warranty.  What is the correct method of securing a wall if you cannot nail to the concrete?  Second, I was told my windows are too small in the basement to be considered a bedroom and will need to be enlarged for egress.  Is this true?  The house was built in the 60's and is only a two bedroom.  This will kill the difference in price.  Any help would be appreciated on either topics.

There is only one crack in the brick on the front of the house small crack not related to the one you asked about Steve. Everything else on the house looks good no cracks. Also, that wiring was for some light they removed when they left the house along with the doors, inside lights cabinets, etc. I have a guy coming out tomorrow, but he works on houses for a living. I don't really have time to get a structural engineer out to look at it. I really do not think there is anything to worry about in that area I think every house has settled some according to the neighbors. My worry is what will an inspector tell a buyer.

These are pictures of a 70's house. I have someone coming out Tuesday, but would like a second opinion.

You can see the crack inside the garage did not get a pic

Also inside the garage sideways pic

Out side same crack as above

This is a different pic of the corner of the garage.

There was hardly any cracking in the house, but I did some. No water anywhere.

I talked to some guys at work and they think that the owner probably kept the frame so they would pay less tax. We called and it is still being called a mobile home = less tax, so they might be correct. Either way it seems like a lot of extra work to keep it a mobile home status.

I was told the mobile home burnt to the ground and the only thing left was the bottom frame. The owner built a house around it and left the frame in the middle of the house. So now the house is wider than the mobile home, but the same length. I will be looking at it this weekend, the current owner tells me he rehabbed it and has renters that pay, but pay late. He is asking $35000 and he gets $500 a month in rent. I talked to him about owner financing and he said we could talk about it after I looked at it. We are now waiting on the Fire Marshall to get back to us to see if we could change the deed to a stick built home.

Has anyone ever heard of a stick built home on a mobile home foundation? The entire house is not built on the mobile home foundation it is only in the middle. I have not seen it yet, but will this weekend. The seller told me he needed to get the Fire Marshall to approve it before a bank would give a mortgage. Can anyone give me any info to help with this problem. I don't want to limit my exit options. Thanks for the help in advance.

You can tell them that you don't think it is the dead they have to worry about, it is the living. Good luck.

What is the min amount of profit you will do a project for?