A few weeks ago, we accepted an offer to buy the Double Hovel flip house(s). Hick was quite eager to take this offer, and not negotiate at all. He kept pointing out that the prospective buyers were offering a contract with NO CONDITIONS, and had already been approved for a loan. I take Hick's word for dealings with Realtor. Hick is the middle man for The Pony and me.
I distinctly remember Hick carrying on about NO CONDITIONS. I assumed those words came from Realtor. So imagine my surprise last Monday when Hick said he had to stay away from the Double Hovel on Thursday, because it was being inspected by the prospective buyer!
Tuesday, I got a call from Hick, who said he had an appointment after lunch to discuss the inspection with Realtor.
"That doesn't sound good! I hope they're not trying to back out of the deal!"
"Yeah. It could be nothing."
"I don't know why you'd have to go in if it was nothing. But surely Realtor would just tell you on the phone if the deal was off. Maybe they had questions, and she needs to get your answers so she can tell their realtor."
Hick called back at 12:45.
"Their inspector said some shingles were missing off the roof of the main house. That don't surprise me, with all that wind lately. I don't climb up there and check after every storm, but I replaced the piece of siding that blew off. I have shingles left from when we originally patched the roof. It ain't no big deal. I'm not climbing up a ladder with my knee hurt, and I don't want Old Buddy messing around up there. I already called my roof guy, and he's going by there tomorrow morning to fix the shingles. He's a contractor, so he'll be able to give me a letter to certify that the roof was fixed.
Also, their inspector crawled under the house! They usually don't do that. He said there was a sign there might be termites. I don't think so, but when we first started on the house, and replaced the rotten boards in that one corner, it looked like there might have been old trails from termites. I guess we should have just wiped down the wood, heh, heh. Anyway, a relative of The Veteran is an exterminator. He's licensed. So I'll just have him do it and give us a letter that it was done.
THEN Realtor said they wanted to know if the house could even be insured, with the roof in that shape. I told her it ain't in no 'shape,' that the roof is fine, and the house has been insured for two years now. I called over to our insurance agent and told him they needed proof the house was insurable. He said, 'We aren't in the business of insuring uninsurable houses! There's a policy on that house, same as there has been since you bought it and insured it with us!' So I had him fax a letter over to Realtor."
I didn't know faxing was still a thing, but I'll take Hick's word for it.
"What happened to their offer WITH NO CONDITIONS? Like nothing we had to do, and no inspections?"
"I don't know. I mentioned that. Realtor said there's a difference in what are considered CONDITIONS."
But wait! There was also an appraiser at the Double Hovel. To make sure the bank could loan the money. I guess there must also be a gray area concerning whether a buyer has already been approved for a loan, heh, heh! So Hick's two main 'selling points' on wanting me to accept this offer were based on Hick's misrepresentation, or shady interpretation of the concepts of NO CONDITIONS, and LOAN APPROVAL. Although Hick says the people were APPROVED for a loan of enough money, just not specifically for our property. And now the appraiser says everything is fine, and the Double Hovel is worth what we're asking.
Anyhoo... these are just minor bumps on the road to the closing. Nothing expensive or insurmountable. We're getting there. Two weeks to go.
Oh sheesh! They should have just said conditional to home inspection then, ridiculous. I am glad they are minor bumps in the road.
ReplyDeleteHaving not read the specific document, I'm not sure if the fault lies with the prospective buyers, Realtor, or Hick! At least they're not asking for something unreasonable.
DeleteYay! I'm so glad things are moving forward:)
ReplyDeleteWe can see the finish line!
DeleteTrust nobody and verify.
ReplyDeleteI should know by now not to trust what comes out of Hick's mouth. He rarely says what he THINKS he's saying. He also told me that The Pony and I didn't have to sign anything until the closing, but later he said he signed our names to accept that offer!
DeleteHere in Adelaide (aka Termite City) any inspector who DOESN'T crawl under the house and into the roof space as well, hasn't done his job properly. If the people buying a property don't bother getting an inspection they cannot later make claims against any unseen damage that an inspector would have told them about.
ReplyDeleteThis guy used a drone to look at the roof. Realtor showed Hick the footage, so he could see where shingles had blown off. It beats climbing up there, but I doubt it could show termites.
Delete