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Update to Forum Rules: Criminal Allegations

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Who knew it would be this hard ... venting my frustration.

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  • Who knew it would be this hard ... venting my frustration.

    Getting ready to make yet another offer on yet another property. We've looked (via internet/realtor/family) all over the entire state of Iowa, found about three possibilities, and either we were too late with our offer, our offer was too low, or the sellers were just listing their property to get a feel for the market. One woman said she "did it on a whim, she didn't really want to sell." We've found three properties that looked quite nice, older homes updated and clean, but with collapsing basements. One property advertised as having "two large, well-maintained out buildings" turned out that the buildings were for hog confinement operations. Being from Iowa fortunately I recognized what they were. There's either too much house and not enough barn or there's a great barn but no house. Really I just needed to vent.

  • #2
    Ugh! I hate, hate, hate just house hunting. I feel your pain!
    Hang in there, the right one will come along! Maybe that woman who is just testing the market will make a real decision. If a decent farm is hard to find, it could be a buyers market right now and that could change with the seasons.

    Comment


    • #3
      You have my sympathy. House hunting is the worst, worse than car shopping or horse shopping or even saddle shopping. So many places that don't match the pictures, so many "what WERE they thinking?!?!" moments. Good luck in your search.

      Comment

      • Original Poster

        #4
        Apparently it's a sellers market at both ends; where we're looking to buy and where we're selling our house. Suitable acreages in Iowa, for me that's 5+ acres minimum, are few and far between and get snapped up quickly. Houses are a dime a dozen and I'm not all the picky when it comes to the house. It's only when you start adding things like fencing, pasture, hopefully a decent building, and space that it gets tricky.

        Unfortunately, realtors rarely provide photos of the insides of the outbuildings or the fencing and pasture. I'm constantly raving at my computer, "I don't need 40 photos of the house!! I want to see the inside of the barn!!" And the horrible things people do to completely suitable pole barns! Cement floors(not a fan of cement except in a wash rack), insulation, heating and cooling ... I moan a lot about destroying perfectly good horse barns. Not that I'm horse-centric.

        Comment


        • #5
          We lost out on what I thought were 3 great properties when we were farm hunting- 2 of which had been on the market for 6 months and (naturally) sold as soon as we were interested. Then we found the property that we bought- and the 3 losses was more than worth it, as it is better than all 3 combined (And was not the most expensive of the 4, either!). Sometimes losing out is a blessing in disguise...good luck with your search!

          Comment


          • #6
            Every negative is a just a starting point to negotiate the price. So if you like the property, but there are "issues" then adjust the offering price appropriately.
            Do not confuse motion and progress. A rocking horse keeps moving but does not make any progress.
            Alfred A. Montapert

            Comment


            • #7
              Originally posted by pluvinel View Post
              Every negative is a just a starting point to negotiate the price. So if you like the property, but there are "issues" then adjust the offering price appropriately.
              Except the OP is already getting outbid and dealing with a sellers market, so I don't think this strategy will be effective.
              http://trainingcupid.blogspot.com/

              Comment


              • #8
                Originally posted by Training Cupid View Post

                Except the OP is already getting outbid and dealing with a sellers market, so I don't think this strategy will be effective.
                I was addressing the "collapsing basements" comment.....

                All of this is just structural engineering that requires dollars to remediate.....all which come into play during the price negotiations.
                Do not confuse motion and progress. A rocking horse keeps moving but does not make any progress.
                Alfred A. Montapert

                Comment


                • #9
                  Originally posted by goinghome View Post
                  Apparently it's a sellers market at both ends; where we're looking to buy and where we're selling our house. Suitable acreages in Iowa, for me that's 5+ acres minimum, are few and far between and get snapped up quickly. Houses are a dime a dozen and I'm not all the picky when it comes to the house. It's only when you start adding things like fencing, pasture, hopefully a decent building, and space that it gets tricky.

                  Unfortunately, realtors rarely provide photos of the insides of the outbuildings or the fencing and pasture. I'm constantly raving at my computer, "I don't need 40 photos of the house!! I want to see the inside of the barn!!" And the horrible things people do to completely suitable pole barns! Cement floors(not a fan of cement except in a wash rack), insulation, heating and cooling ... I moan a lot about destroying perfectly good horse barns. Not that I'm horse-centric.
                  If I were in your shoes, I wouldn't write off cement floors. Many barns have cement floors overlaid with rubber mats and it works great.

                  Comment


                  • #10
                    I am another who says do not write off cement/concrete floors.
                    Janet

                    chief feeder and mucker for Music, Spy, Belle and Tiara. Someone else is now feeding and mucking for Chief and Brain (both foxhunting now).

                    Comment


                    • #11
                      Originally posted by She's Pure Gold View Post
                      We lost out on what I thought were 3 great properties when we were farm hunting- 2 of which had been on the market for 6 months and (naturally) sold as soon as we were interested. Then we found the property that we bought- and the 3 losses was more than worth it, as it is better than all 3 combined
                      I spent about 9 months looking for a place. Saw lots of stuff that just wasn't right, a few places that were sort of OK, and even made an offer on a place that was "good enough," which fortunately was not accepted. Because at the end of May, a place came on the market that had my name all over it. It may as well have had a neon sign out front with an arrow and flashing letters spelling out "NSP, this is your house!!!" We just finished moving in.

                      In short, OP, finding the perfect place is hard. You just have to be patient and keep looking. Eventually, you'll find something.

                      "Facts are meaningless. You can use facts to prove anything
                      that's even remotely true."

                      Homer Simpson

                      Comment


                      • #12
                        We have spent the past 14 months looking for a farmette. On paper, this should not have been so challenging. Yet everything in our price range kept getting snapped up by developers making full price cash offers. We hit unexpected financing problems due to county regulations, which we didn't see coming and lowered our buying power. So much time wasted looking at properties and making offers, only to have it amount to nothing.

                        Luckily, we did find a horse-friendly rental recently, which takes the pressure off and allows us to bolster our savings while we take our time.

                        Good luck, OP! And you are so right about the lack of information by realtors on horse facilities!



                        Don't fall for a girl who fell for a horse just to be number two in her world... ~EFO

                        Comment

                        • Original Poster

                          #13
                          Originally posted by She's Pure Gold View Post
                          We lost out on what I thought were 3 great properties when we were farm hunting- 2 of which had been on the market for 6 months and (naturally) sold as soon as we were interested. Then we found the property that we bought- and the 3 losses was more than worth it, as it is better than all 3 combined (And was not the most expensive of the 4, either!). Sometimes losing out is a blessing in disguise...good luck with your search!
                          Oh, I can identify with places sitting forever on the market and the minute I call the realtor, snap! Somebody else submits an offer.

                          Comment


                          • #14
                            Originally posted by OneTwoMany View Post

                            If I were in your shoes, I wouldn't write off cement floors. Many barns have cement floors overlaid with rubber mats and it works great.
                            fully agree as the building will appraise at a great value than an earthen floored barn ...and have alternative uses if/when you want to sell (or refinance)

                            Comment


                            • #15
                              Originally posted by clanter View Post
                              fully agree as the building will appraise at a great value than an earthen floored barn ...and have alternative uses if/when you want to sell (or refinance)
                              Earthen floors are a real pain to keep clean and to keep level. And when the fall comes around, the vermin have an easier time of getting "in". BTDT and not something I would recommend if you have other choices.

                              Comment


                              • #16
                                Originally posted by goinghome View Post

                                Oh, I can identify with places sitting forever on the market and the minute I call the realtor, snap! Somebody else submits an offer.
                                Maybe I’m miss understanding this, are you calling the listing realtor? Or do you have your own realtor?
                                I would recommend that you have your own, sometimes they can get a jump on a listing even in this day of on line listing apps. And if he/she has a good long relationship with other realtors it could work in your favor.

                                Comment

                                • Original Poster

                                  #17
                                  Originally posted by ohnoO View Post

                                  Maybe I’m miss understanding this, are you calling the listing realtor? Or do you have your own realtor?
                                  I would recommend that you have your own, sometimes they can get a jump on a listing even in this day of on line listing apps. And if he/she has a good long relationship with other realtors it could work in your favor.
                                  We're looking at properties all over the state of Iowa so it's not possible to have one realtor. We do have one that works for us concerning properties in north central Iowa and one for southeast Iowa. Haven't found any that we particularly like for the western part of the state but it's difficult out there as towns are few and far apart.

                                  I never contact the listing agent. I check out the local realtors and choose from there.

                                  Comment

                                  • Original Poster

                                    #18
                                    I'll admit to being quite prejudiced against concrete in stables. I've always had plain old dirt floors and never had problems with smells, drainage,keeping them level or legs stocking up. Then again I've always been pretty anal about keeping my stalls clean.

                                    Comment


                                    • #19
                                      Originally posted by goinghome View Post

                                      We're looking at properties all over the state of Iowa so it's not possible to have one realtor. We do have one that works for us concerning properties in north central Iowa and one for southeast Iowa. Haven't found any that we particularly like for the western part of the state but it's difficult out there as towns are few and far apart.

                                      I never contact the listing agent. I check out the local realtors and choose from there.
                                      Thanks for clarifying, I figured that I was miss understanding

                                      Comment


                                      • #20
                                        My gf and I just settled into a pre 1900 1400 sqft house into 16acres, with a 20x26 bank barn, a 3 car garage, and my own canning shed.

                                        in order to get there, I had to paint my entire duplex (va loan, I had to sell one to afford the other), make all new screens, and I left the house open to showing every day. Every day for 3 months I had to clean right ehen I got home or when I got up for work, after 2 hairy and muddy dogs, then my gf wold take our dogs to work and I never got to see them. There were days when people only gave us an hour heads up to make the house look like we weren't there and then go to a park for the allotted hour.

                                        oh, we also had to have the barn painted (va rules) which was $2k out of my pocket.

                                        we had the first potential buyer drop off because it was too much (after waiting as long as possible to tell me). Buyer #2 were business partners that couldn't agree, again after waiting their max amount of time. Buyer #3 didn't realize they needed a down payment. After buyer #3, we dropped the number of available days and told the agent of the house we were trying to buy that we were gping to drop our bid since it had been well past our timeframe. They told us to just keep pushing. Buyer #4 sealed the deal.

                                        4 months of absolute stupidity and hell, and now almost 3 months after moving in...I'm going to go home tonight, pet my dogs, feed my horses, and do some canning while it rains out over our property, and still sit in disbelief that we made it against all odds.

                                        Super long story short, people only talk about the calm before the storm. Pay more attention to how quiet the calm is after the storm.

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