All Forum Posts by: Eric Espinosa

this was me a year ago...on the foreclosure side of things...you would've needed to speak to the lawyers on it. they'll allow up to auction time - maybe an hour before so they can run the papers through to the right people to stop the auction. the bank has no hearsay on it, they've handed to account to "collections" so to speak. you must deal with the lawyers. no choice in that. the only other way to stop it, is to have the homeowners file bankruptcy. not a good thing to do that unless they want to take the hit, but it does slow the process. it buys them about 2 months or so. if they don't act accordingly, a new auction time gets handed out for the property. had i known better i could've stopped my own foreclosure. that's texas rule. again, i speak from experience on this one. 

Awesome Gerald!

headed over there now.

thanx

Ok more like some clue, but I've always been a hands on type learner. No not the let me hold your hand thru the whole process but more like here's how it's done, let's see you try type. A guide more like it. Anyone out there willing to teach me hands on?

On my way out to see some places of interest and run some errands, so please bare with me if I don reply instantly. Worse case, my number is listed here. Text me if you're interested in some "help". 

832-216-6769 in case it can't be found. 

Thanx! 

832-216-6769 in case it can't be found. 

ok maybe some clue, but I've been a hands on type learner. No not the let me hold your hand thru the whole process but more like here's how it's done, let's see you try type. A guide more like it. Anyone out there willing to teach me hands on? 

On my way out to see some places of interest and run some errands, so please bare with me if I don reply instantly. Worse case, my number is listed here. Text me if you're interested in some "help". 

granite* not grannies. Gotta love auto correct...

hi Elizabeth,

House could definitely use the improvements. Everything here is standard. Laminate counters everywhere that I would consider updates. Baths and kitchen. Figured if I can update those too grannies and such, maybe it would be worth it. Master bath has room for improvement. A giant rub that overpowers in there. Small stand up shower feels really cramped in there. 

As for the home theater stuff, again more just an incentive as I know that's not what sells homes. I look at it more as my personal enjoyment till I sell it off that the next gets to enjoy if they do please. 

Foundation is the big one, this I know. What the extent is, I still haven't looked into it yet but I was talking with the landlord and she was saying it was worse. Just tells me that this was a known issue to them and they're neglecting it till the last minute. 

Honestly when I heard that, it sort of discouraged me from going forward with this project. Makes me think what else have they neglected. On the flip side of that, I figure it could be just as bad with any other home...at least here I can see from the inside seeing that I'm living in it. 

I've seen it listed between $150k and $218k. Looking at the other homes in the neighborhood I can see why. Figure I need to get a real assessment on it to fully determine that. Also figure $218 if they think it has the proper upgrades. 

should I? 

That's my main question. I'm living in this house for a year now, lease is up next summer. I've been told I have the option to buy it, but it needs major updating. This house was built as what they call here in Houston, a spec home - meaning bare minimum necessities to get the house done. Standard windows, no tec shielding to conserve energy, basics in every bathroom and same in the kitchen, plus I think it may have some foundation issues. Home I was built in 2002 I believe. When I moved in, the landlord put in new wood floors all throughout the 1st floor. Nice but I know they didn't lay down any underlayment to protect from the cement right beneath it. I saw as they did it. 

Home has so much potential to be better. For starters an even paint job would be nice. Master bath can be redone so much better. Updates for all other baths and kitchen as well. Some new windows would be nice too. Since I'm in the home theater business, home has big potential to add home audio entertainment throughout. Granted I know that's not what sells homes, but I think it's a good incentive, especially since I get to do it all myself and enjoy it while I live here. 

Basically I figure this may be a good place to start at plus I'm living in it now. Take the time needed to do all the upgrades and enjoy it for some time before we sell and move out. 

Good idea? Or would I just be wasting my time? Advise? 

thanx Austin! Looks like we're basically neighbors too huh. May end coming to you for some advice perhaps.