When to Walk Away

 


Often we speak with clients who are in a tough situation, trying to save money while taking on a project that’s likely too large. Occasionally, these properties are “For Sale By Owner” (FSBO) and/or friends and family transactions. The home may be intended as a long-term rental. We’ve even seen some ill-managed properties given away.

Still, living in (or renting out) dangerous home is a lose-lose situation for any length of time. Air quality issues, falling hazards, moldy furnishings, unsafe electrical systems, and leaky roofs are just a sampling of the unhealthy issues in such a home.

A good rule of thumb is: do you like being inside the home? If not, and you have neither time nor money to fix it, it’s often best to walk way.

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