Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Would you buy this home?
We are thinking about buying this beautiful Victorian home. We can pay for it outright but it needs some work. It has a new roof but needs a new paint job which is mucho work. The mechanicals are ...


 Im currently in junior college and honestly i dont want to be there but im doing it for my family.?
so i guess my question is has anyone out there found a successful carreer path that doesnt need college and isnt a super skilled labor??...


 Written offer to buy a house -- so why would seller's agent engage in verbal negotiations?
I made a written offer to buy a house through my real estate agent. The seller's agent called my agent and asked to engage in verbal negotiations as opposed to written offers. This has ...


 I am helping a friend pay her mortgage. My name is not on the deed. Will I have ownership of the home as well?
...


 Your experience with LendingTree.com?
Mine stunk. Their slogan in their ads is "When banks compete, you win". I received a Good Faith Estimate from them and the closing costs seemed a little on the high side. I contacted a ...


 If i dont use all of my loan to buy my house, can i still take whats left and pay my bills?
If i buy a house for 100,000 and my loan is for 125,000 can i use the remaining 25,000 for personal use?...


 Anyone know how long you need to keep documentation for relating to puchase of a house?
Just curious, I've bought and sold a couple of times and just wondered how much stuff I might actually need to keep....


 How can I find if there is a BT line connected to the property I am about to rent . The agents don't know.
...


 What would u recommend...Buying a big 30-unit apartment building, or buying 3, 10-unit buildings?
In other words, do you think its better to scatter yur complexes around or to just have them all in one location?

And no i dont wanna invest in anything else right now besides residential ...


 My girlfriend and i broke up. she owns the house. how long do i legally have to move out?
...


 What we do when market crash more than 400 points?
and our buying prices are also high than current ...


 Should I buy a property now?
I'm 29 and on an income of about £18k (£21-22 with bonus), I expect to be in a better paid job within the next few months though. I've been renting since moving out the family home and ...


 Have you ever noticed that 99% of landlords or apartment managers are not nice people?
I've lived in 5 apartments in my life. Of all those apartments, all of the managers' attitudes have ranged from mildly rude to down right sneaky and mean! Why is this? They have also all ...


 People are saying house prices in the u.k. will drop...?
would you buy now or wait a while???...


 Is it a good idea to buy a house in Southern California?
...


 I usually do not discuss my salary with my friends. I am renting out a high end property ( over $6,000/mo )?
What do I tell my friends when they ask how much money I got for the property? I don't want to seem rude , but I don't want them to know my income.
Additional Details
What do I ...


 I've been offered a first time mortgage...?
my mortgage broker is charging a fee of £2500 including £415 for solictors fees...is this high? My broker is called Triangle mortgage solutions. Has anyone had any dealings with them? i would ...


 Does a fence increase the value of a house?
I live in a newer housing community in Virginia and I've been wanting to get a dog, but won't unless we get a fence put in. We'll only be living here for 3 more years so my husband ...


 What is the worst that could happen buying a flat at auction unseen?
I have been considering investing in a buy to let flat. I have found flats at unbelievable low prices which would suit my very small budget. The neighbourhood seems to be on the up but I believe the ...


 Good time to buy houses?
just thinking that the house price is falling at the moment. would it be a good time to buy if i pay cash? i have no debts or credit cards....



smudge
What are the main signs of damp in a house that is up on the market apart from the smell?
Me and partner have seen a house that we really like. The vendors accepted an offer but the sale collapsed because the new buyers thought the house was full of damp. What are the main signs, and how much would it roughly cost to get the house damp proof course done?
                     
 




Mark J
Rating
not all sources of damp are from the DPC it could be damp entering through the walls if the cavity has been breached, or through roof problems.

main signs
discolouration, discontinuities of colour
a chilly damp feeling (although quite often that is nothing more than the house ahsnt been heatred or ventilated)
wallpaper lifting or cracking .... although this can be a sign of (dodgy DIY). ifd the cracked paper is solid/firm then its NOT damp)
damp patrches on external walls, at or near floor level on walls, at or near joints int he upstairs ceilings
moulds & other fungal growths
excessive condensation
pooling of water on ground floor tiles, or a feeling of dampness on those tiles.
also look for changes in the plaster upto 1 metre above floor height

there is no way to know what it would cost to do a damp proof course... it depends enitrely on the size of house.

The one thing you can guarantee is that if you call a damp proofing company to look at it they will reccomend / find damp. Quite often the DPC may be fine.. its just the property hasnt been lived in.

consider getting an engineer to look at it.

one thing you could do is do the DPC yourself. DPC guarantees are just about worht less.. most guarantees are for the chemcials (whcih are very cheap.. its the labour cost that is the expensive bit.. you could quite happily install a new DPC yourself... it would take time but if you are on a tight budget and have the cash avavilable its a perfectly good option. Its not if you expect to resell the property in the near future.


Natalie B
Rating
Musty smell, discolouration on walls, possible mould on walls/ceilings.
Not sure how much it would cost to get it damp proofed, but if the damp is already their you're looking at lots more money that if it was for a purely preventative measure. Like as in, having to replaster and rebuild bits.
Best thing to do is get a survey done on the house, and if damp is found (and you and your partner want to fix it up yourselves), speak to the vendor about knocking money off the asking price to cover the costs (else the vendors wont be able to get a buyer!)


Kacky
Rating
Here's a good site to see if it's a toxic mold problem http://www.toxic-black-mold-info.com/moldsigns.htm


Rainbow Daemon
Rating
Paint/ paper peeling off of the walls is often a good sign that there is a damp problem.


sukito
Black patches on the walls And wet to touch


Clown Knows
Stains on ceilings, walls. No drainage away from foundation. High humidity after a rain.


bwadsp
Rating
A boat outside


ANF
A big sign is the black or green mould growth around windows and skirting downstairs and in ceiling corners near an outside wall and windows upstairs. Obvious damp patches on the ceilings will be an indicator that water is coming through the roof. If you can borrow or buy a Protometer this can detect damp in walls. If there is a history of damp and perhaps a previous survey has highlighted the fact, then the vendors are duty bound and MUST tell you about it. They cannot hide known problems. So you need to ask them outright. If they say that there are no problems and your survey uncovers the damp then they could be liable for correction.
Be careful and listen to others as a survey could cost a great deal and then you may not want to buy. To redo or even add a damp course could cost as little as £500 to £3000. Depends on the scope of the work and the size of the house. Good luck.


T S
I believe there are a few good ways to check for dampness in a house:

1. Look at the baseboards and/or crown moulding. Did the sellers replace it? Find out why. Was it only replaced in certain rooms? Find out why. Sometimes replacing the moulding is an easy coverup for areas where seepage was occuring.

2. What rooms have been repainted & why? Were certain walls repainted and others not? These can be signs of cover-up of stained walls from water damage.

3. Check the room/closet with the water heater. Sure, there's going to be some damage from moisture, but is it just limited to the immediate surrounding area? If the drywall is soft in that room, it could go to a larger moisture/water problem elsewhere in the house (or an insufficiently insulated water heater).

Good luck!


L J
Better look for a new house repairs will more than likely be astronomical


Ripper G
Rating
Just get out the vacuum cleaner and start sucking up the 'damp'. (and the picture of the user above me scares me)


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy