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just curious sho_bc, how long were the tenants renting for and how long do you suppose they were operating as a grow op? |
because we had awesome landlords who made sure to check the property every 6 months like they were supposed to ( :blueguy: ), we're not certain, but they had a LOT of plants growing. the living room itself is about 1500 sq.ft, about half the main floor, and upstairs, there is a crawlspace all around the outside of the floor between the inside wall and the outside wall. also, below the main floor, there is another crawl space about 4ft deep. both crawl spaces were full of plants. we assume anywhere between 6 months and a year, as they had been tenants for a little over a year. |
I don't think the house can be seized as proceeds to crime if they rented the house. Your only concern is the mold, structural integrity and home invasions if anyone thinks it is still a grow op. |
if the owner really wants to sell at cost and isn't willing to budge it may not be worth it. and like you've said there are other repairs that need to be done to. my parents just had their roof redone and that was about $12k. If there are a lot of roof penetration ie. skylights, vents it'll cost even more. |
Yeah we did our roof this summer (not wood shingles), cost us about $7,000 for an average sized home. I'm assuming wood shingles would cost a lot more. As for the time it takes to do a full grow up. The minimum is roughly 8 weeks. But they can stretch it to 10 or 12 if they want more product. I don't think strangers would be coming to your front door asking your dope. The house was used primarily for growing. Most (smart) people wouldn't tell others where their 'show is because then it could get potentially ripped. That kind of brings me to another point, as if some ppl did know about this home you may get break ins or something like that. Even tho the chances of that are pretty slim. Like everyone else says just get it properly inspected. I personally would avoid it but if it's the house you've always wanted I guess you gotta go for it. How long have u been house searching? There has to be another one like it without the bad history. |
another question about house insurance. how much is it usually a month for fire and theft? and does it cost any extra because of the house's history? oh by the way, they accepted our offer. |
Another thing you need to consider is whether or not the bank will lend you money to purchase a previous grow op. TD for one will not approve a mortgage for a house that was a previous grow op. Its a no questions asked zero tolerance for homes that were previously grow ops. I'm not sure about other big banks, but I have a feeling they all feel the same about homes that were previously grow ops. I would stay away anyways...listen to your realtor... |
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I would hope OP already made his decision. |
I know someone who picked up a former grow op. They had all of the problems that have been described above, from strangers showing up in the middle of the night and multiple break ins to serious mold problems (despite passing an initial inspection prior to buying it). Ultimately they had to do a complete remodel and had to install an extensive security system just to be able to sell it and it cost them quite a bit. I agree if you MUST have the house you should demand any issues be taken care of prior to being bought at the owner's expensive. But still keep in mind you may have some very big bills creep up on you in the future and be prepared. |
i pay about $1100/year for house insurance in van east. +1 on expecting mold issues. |
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