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2. The architect and the City of Everett inspectors informed me that I <br /> could not just go ahead and repair the smoke and fire damage that was <br /> done without getting a permit to do so. The permit process would <br /> require a complete set of plans documenting what is being proposed to <br /> be done including bringing the structure up to surrent seismic <br /> standards. This would require adding shear walls and retrofitting metal <br /> straps/connectors from the upper floor to the basement foundation <br /> walls. That requirement would then also require the engagement of a <br /> structural engineer to calculate the stress loads. Also the whole house <br /> would need to be re-wired to current code. <br /> 3. There is not one room or area of the main floor that does not require <br /> the complete demolition and disposal of all interior finishes down to the <br /> framing including all sheet rock (walls and ceilings), old insulation and <br /> floor coverings. <br /> 4. The existing 2x4 exterior walls woud need to be furred out to 2x6 walls <br /> to comply with current insulation standards, with new insulation in the <br /> attic and under the floor. <br /> 5. The furnace and water heater in the basement are ruined and need to <br /> be replaced. <br /> These are the main unknown/unanticipated considerations I did not <br /> know about as far as the renovation of the existing stucture are <br /> concerned. <br /> Other concerns regarding the $435K price are these: <br /> 1. At $435K, I would basically be buying a lot with an unlivable house on <br /> it. I estimate that to just get the house to a state where actual <br /> renovation could begin by amelioratingthe oil contamination, fire, water <br />