Jimbo662 Posted August 20, 2013 Share Posted August 20, 2013 Well, after reading messages from other people who post that they've got to tear their tank down for whatever reason I never though I'd never be doing the same...well sort of. Long story short it's almost time that me and my sister are going to have to start helping support our parents..unfortunately we have a brother that has literally drained everything from their savings. After quite a bit of thinking and looking at options I've decided the best way for me is to sell my house and find a less expensive place to live so that I'll be able to contribute more. Once I get settled I'll be planning a new tank. I hate the thought of tearing down the tank and thought there may be someone else out there that's in the market for a house and would love a great built in tank that's all ready to go. The house is in the Riverwalk subdivision in Hutto. Appx 1330 sq ft. 3 bedroom / 2 bath...one bedroom is converted into the tank room. Yard is fully landscaped (but does need a little work). I'd be willing to include all the patio furniture / grill and lawn equipment. Kitchen appliances would remain too...I'd only take the washer / dryer. Asking $135k as that's what my payoff is. Would like to try this without realtors as I'd not have any extra cash for all the fees. I've got about $6k in the tank plus who knows how much in all the landscaping. I'd rather get through this process now than wait until it's too late and end up in a time crunch. If you or anyone you know is interested let me know. James Link to comment Share on other sites More sharing options...
JamesL Posted August 20, 2013 Share Posted August 20, 2013 You need to hook up with JeeperTy (Ty the Real Estate Guy ) ... I think he specialize in selling houses with tanks. Link to comment Share on other sites More sharing options...
FarmerTy Posted August 20, 2013 Share Posted August 20, 2013 Thanks for the mention James! Obviously I am biased on needing a Realtor for real estate transactions. Jimbo662, feel free to call me if you have any questions. Be happy to help! Sad to see a reefer have to part with his beloved tank but that just gives you an excuse to start a new build thread! -Ty Link to comment Share on other sites More sharing options...
Planeden Posted August 20, 2013 Share Posted August 20, 2013 wow, talk about a complete system..."tank includes all pumps, livestock, stand, and house". sorry about your parents. good luck with everything. Link to comment Share on other sites More sharing options...
mFrame Posted August 20, 2013 Share Posted August 20, 2013 Have you considered keeping the house as a rental property? If you break even on the mortgage it can be worthwhile and give you the option to move back in later. I know that upkeep on the tank would be a huge issue with renters though. Link to comment Share on other sites More sharing options...
victoly Posted August 20, 2013 Share Posted August 20, 2013 I had a very difficult time qualifying for mortgage #2 when I kept our original house as a rental. They won't let you factor rental income into your debt/income ration until you've kept it rented for 2 years which is pretty hard to do before, you know, its a rental. I had some pretty fortuitous breaks that allowed me to move on, but I feel like unless you have a ton of equity or some other special circumstances (large savings for down payment on new place) that it's very difficult to get a second home under stricter lending standards. Link to comment Share on other sites More sharing options...
Jimbo662 Posted August 20, 2013 Author Share Posted August 20, 2013 I'm not wanting to deal with trying to rent it. I did that with my last place and after paying the mortgage for 4 mths put it up for sale and sold it in 45 days. Link to comment Share on other sites More sharing options...
Neon Reefer Posted September 10, 2013 Share Posted September 10, 2013 Hate to say it but here goes. You will have a terrribly hard time selling a home w/ a built in tank unless you just have great Karma and get really lucky. Take the time while you have it to purt the house back the way it was pror to installing the built in tank. Use the money you can get from sale of the equipment and livestock to make repairs. Tack on another 6% to the final taking price to pay a realtor to handle it for you. Unfortunatly you are limiting you marketability by both of these factors, and this will shrink your marketing pool too much. This is a better market to sell in than you may think. Repair and ask more! Link to comment Share on other sites More sharing options...
Jimbo662 Posted September 11, 2013 Author Share Posted September 11, 2013 I'm actually about to start breaking down the tank so that I can get the wall repaired before I get it listed. Link to comment Share on other sites More sharing options...
Robb in Austin Posted September 12, 2013 Share Posted September 12, 2013 How about some details on the tank?! Namely, dimensions and how much you want for it! Link to comment Share on other sites More sharing options...
Jimbo662 Posted September 12, 2013 Author Share Posted September 12, 2013 It's a DSA 175g Pro. At this point I'm planning on keeping it. will probably be selling other equipment in the near future. Link to comment Share on other sites More sharing options...
Robb in Austin Posted September 12, 2013 Share Posted September 12, 2013 Ahhhhh. Gotcha. Link to comment Share on other sites More sharing options...
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