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mck
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Username: Mck

Post Number: 760
Registered: 5-2001
Posted on Wednesday, April 26, 2006 - 7:14 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

This is an odd subject for the topic but what the heck. My sister, in West Roxbury, MA (part of Boston) is selling her house. She accepted an offer about 10K below asking price: evidently the market is a little slow there right now. The prospective buyer showed up at the inspection today not just with a clip board but with a pair of binoculars and a GSP gadget! I told her to tell the realtor to tell the other side that she wouldn't try to make a deal with lunatics, and the deal was off. Was that good advice?
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Bob K
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Username: Bobk

Post Number: 11330
Registered: 5-2001
Posted on Wednesday, April 26, 2006 - 7:28 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Binoculars are a standard tool for home inspectors to inspect roofs and chimney, so I don't think that was out of line. The GSP puzzles me as they aren't accurate enough to determine lot boundaries. He might have just been getting latitude and longitude measurements for looking the property up on Google Earth or something like that.
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LilLB
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Username: Lillb

Post Number: 1602
Registered: 10-2002


Posted on Wednesday, April 26, 2006 - 7:42 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

My inspector had binoculars to inspect the roof/chimney as Bob K mentioned. I have no idea what a GSP is so I have no idea if that's crazy or not.
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Case
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Username: Case

Post Number: 1428
Registered: 2-2005
Posted on Wednesday, April 26, 2006 - 9:03 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Not to be picky but the correct term is GPS, for Global Positioning System. This is a system of satellites that allow portable recievers to orient themselves with a fair degree of accuracy. The binoculars make excellent sense (as previously discussed), and the GPS thing is actually kind of a cute idea.

PS - that was bad advice

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greenetree
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Username: Greenetree

Post Number: 7431
Registered: 5-2001


Posted on Wednesday, April 26, 2006 - 11:13 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Unless, of course, the buyer really did show up with a GSP sign (Exit 145?), in which case she is a nut job and it was good advice.
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hch
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Username: Hch

Post Number: 243
Registered: 8-2002
Posted on Wednesday, April 26, 2006 - 11:24 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Binoculars, good idea.
GPS, not worth it. Depends on the model, but accuracy is only within several feet, which is not going to help you determine property boundaries with any accuracy on a small lot. Better off getting your hands on a survey.
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Mergele
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Username: Mergele

Post Number: 388
Registered: 7-2003


Posted on Thursday, April 27, 2006 - 5:08 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Who cares if the buyers are nut jobs? Their money (their bank's) is just as good as the next guy's.
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mck
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Username: Mck

Post Number: 761
Registered: 5-2001
Posted on Thursday, April 27, 2006 - 6:53 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

GPS, right, I knew that. Geocaching and all that. I'm glad to hear the binoculars are standard equipment. I think I'll tell my sister to get a lawyer to protect her interests, and forget about asking family members.
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LilLB
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Username: Lillb

Post Number: 1603
Registered: 10-2002


Posted on Thursday, April 27, 2006 - 8:44 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Greentree -
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mck
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Username: Mck

Post Number: 762
Registered: 5-2001
Posted on Thursday, April 27, 2006 - 9:21 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Yeah, GT, that was a good one . Musing more about real estate: everyone is a lunatic in her own way. Me, I work myself into a nervous breakdown trying to undo the squalor that I was perfectly happy to live in so that a prospective buyer won't think ill of me. And my family tend to be pushovers. That house I want to buy has asbestos falling like snow flakes? We can live with it. In a hurry to move out? Don't worry, I'll sweep up after you. Surely there is a middle ground between that and the guy with the GPS.
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Factvsfiction
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Username: Factvsfiction

Post Number: 112
Registered: 4-2006
Posted on Saturday, April 29, 2006 - 2:26 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

GPS? There is an old-fashioned thing called a survey.

Seems many Buyers today are looney. Just let them look at everything, but balk if they ask you to throw in your first born with the transaction.
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Case
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Username: Case

Post Number: 1465
Registered: 2-2005
Posted on Saturday, April 29, 2006 - 2:28 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

I think the GPS was to locate the area for Google Earth, as someone has already mentioned.
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Factvsfiction
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Username: Factvsfiction

Post Number: 114
Registered: 4-2006
Posted on Saturday, April 29, 2006 - 2:31 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Case-

and the Buyer needs it to close.... because?
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Rastro
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Username: Rastro

Post Number: 2968
Registered: 5-2004


Posted on Saturday, April 29, 2006 - 6:05 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

What makes you think the person thought they needed that information to close? They were at the house. Sounds like a good opportunity to get readings. It doesn't mean they were making hte closing contingent upon what the GPS showed.
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Factvsfiction
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Username: Factvsfiction

Post Number: 125
Registered: 4-2006
Posted on Saturday, April 29, 2006 - 10:46 pm:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

Rastro-

its un-needed in selling or buying the house is what I meant. They may want to see it sure, but its un-necessary in the scheme of things.
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Bob K
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Username: Bobk

Post Number: 11353
Registered: 5-2001
Posted on Sunday, April 30, 2006 - 4:54 am:   Edit Post Delete Post Print Post    Move Post (Moderator/Admin Only)

FYI, Google Earth is a great homebuying tool. It makes it very easy to check out the neighborhood where the house you are looking at is located.

You don't need GPS to find a location online. Just type in the address. With that said, I think people buy a GPS and get hooked on it. It is a great tool for boaters, hikers and hunters, but for many it is just the latest in a long line of electronic toys that some of us get hooked on.

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