Well I did it this time… - Posted by DougO(NM)
Posted by DougO(NM) on July 05, 2001 at 23:02:26:
I was gonna show everyone! I did some very nice rehabs on a couple of repos I picked up from Conseco. I took a dumpy old 1987 Champion 14x70 and did a number on it, only to have it do one on me! It’s pretty, what with the tape and texture, new carpet, lino, doors and windows and very nice deck. The other is a 1992 16 x80 Spirit Gold Series, it turned out to be one of the nicer ones we’ve offered for sale, (and the most expensive) From what we started out with, they both tuned out nice, though we didn’t make much and they took FOREVER. The problem besides spending too much $ on these rehabs, is the buyers had NO idea what they looked like before, so they can’t appreciate where it’s at NOW. They keep finding little things to pick on, and guess who get’s to grin and BEAR it! On top of that, they put down alot less than I normally like to get, so I’m thinking to myself, “you folks should be happy to have the opportunity to even BE in this home.” My wife, ever the cool one, reminded me that these folks won’t be telling their friends about how we gave them the chance to get into a home and have it financed, they WILL however tell them that we took their money and then when they called to tell us there was a problem, we said get lost. (Never mind they bought as is) Anyway, she continued that we need to take care of them no matter how much we think it sucks, especially if it won’t cost us too much. Our name and reputation is worth more than a few hundred bucks. So I went out and took care of a few items that I could for them, scheduled another day to do the rest and came home. When I got home, I realized that I had failed to read the good book that morning, so I pulled it out and sat down to do so. I was scheduled to read Proverbs (I follow a system) and wouldn’t you know, it was just what I needed to read. Check out Proverbs 22, especially 1 & 2.
Sometimes you win, sometimes you learn.
DougO(NM)