I don't think you have to add the drunk qualifier. I think it's the tight knickers that make him so mean.
A bit of a panic over the weekend in selling Lynch Manor. We got all the inspection reports and they found lots of things that needed to be fixed. The price tag was $12230. I thought that was way too high. Basically, the main sewer line has cracks and needs to be replaced. The house has plenty of termite colonies that need to die. And there was some windows that also needed to be fixed. All these things need to be done but I didn't want to pay for them. I countered with $5000.
This offer was met with deafening silence. And best of all Agent Paul was out of town so I couldn't reach him every ten minutes to find out why they hadn't called me. I felt like I had screwed up the deal. The Tortensons (the home buyers) were going to pass. The house would have to go back onto the market. The home selling process would begin anew. Aargh.
I was trying to think of a way to increase my offer to avoid all that. Having done the inspection reports makes putting the house back on the market problematical. I now fully know what is wrong with the house and what needs to be fixed. I have to disclose that to potential sellers. Previously I could kind of know what is wrong. Now, I fully know what is wrong. This could mean a lower price than what we currently have.
It was a weekend full of worry. I'm also signing the mortgage application for Lynch Lair at Coyote Station. I'm also doing the house taxes. So, many fun things.
Late Sunday, Paul called with the Tortensons response. They came down to $9K on the fix up the house money. They argued that was as low as they could go because of financial hardship. Strangely, that is the same argument used by the Lynch Lair people about not going lower on the price of their house. Why can't I use that argument.
I kind of did. There is game to the house price and the mortgage. When you close Escrow and determine who gets paid, it's based on the price of the house. If I sell the house for $750, it's one set of costs. If I sell the house for $741, it's a lower set of costs. Naturally, I want to say the price is $741 for the lower costs. (Yes, we are deep in the weeds) But, if I do that, sell the house $741, the Tortensons don't get any money at the end of Escrow like they were anticipating. They need that cash.
I agreed to sell the house to them at $750. They agreed to lower the amount I refund to them at the close of escrow to $8K which makes up the difference of the amount of money I would have saved if the house was $741. At some point in the negotiations, Paul argued to the Tortenson's agent that I needed money for my own house move.
The result is that we are all clear on buying and selling the homes. If the Tortenson's pull out now they owe me the deposit. So, the home is pretty much sold. (Still knocking on wood) The mortgage for Lynch Lair is in process and will be done by Thursdayish (still wood knocking).
Escrow on Lynch Lair closed on May 10 or May 12. We will start moving in that weekend. I have to immediately build a fence to restrict the Council of Curs. I also need to build a shack to house the Free Range Ferals.
Escrow on Lynch Manor closes on May 20. All should be full steam ahead at this point.
On Friday, we are going to Lynch Lair for our own home inspection to make sure there aren't any creaky surprises there.
A bit of a panic over the weekend in selling Lynch Manor. We got all the inspection reports and they found lots of things that needed to be fixed. The price tag was $12230. I thought that was way too high. Basically, the main sewer line has cracks and needs to be replaced. The house has plenty of termite colonies that need to die. And there was some windows that also needed to be fixed. All these things need to be done but I didn't want to pay for them. I countered with $5000.
This offer was met with deafening silence. And best of all Agent Paul was out of town so I couldn't reach him every ten minutes to find out why they hadn't called me. I felt like I had screwed up the deal. The Tortensons (the home buyers) were going to pass. The house would have to go back onto the market. The home selling process would begin anew. Aargh.
I was trying to think of a way to increase my offer to avoid all that. Having done the inspection reports makes putting the house back on the market problematical. I now fully know what is wrong with the house and what needs to be fixed. I have to disclose that to potential sellers. Previously I could kind of know what is wrong. Now, I fully know what is wrong. This could mean a lower price than what we currently have.
It was a weekend full of worry. I'm also signing the mortgage application for Lynch Lair at Coyote Station. I'm also doing the house taxes. So, many fun things.
Late Sunday, Paul called with the Tortensons response. They came down to $9K on the fix up the house money. They argued that was as low as they could go because of financial hardship. Strangely, that is the same argument used by the Lynch Lair people about not going lower on the price of their house. Why can't I use that argument.
I kind of did. There is game to the house price and the mortgage. When you close Escrow and determine who gets paid, it's based on the price of the house. If I sell the house for $750, it's one set of costs. If I sell the house for $741, it's a lower set of costs. Naturally, I want to say the price is $741 for the lower costs. (Yes, we are deep in the weeds) But, if I do that, sell the house $741, the Tortensons don't get any money at the end of Escrow like they were anticipating. They need that cash.
I agreed to sell the house to them at $750. They agreed to lower the amount I refund to them at the close of escrow to $8K which makes up the difference of the amount of money I would have saved if the house was $741. At some point in the negotiations, Paul argued to the Tortenson's agent that I needed money for my own house move.
The result is that we are all clear on buying and selling the homes. If the Tortenson's pull out now they owe me the deposit. So, the home is pretty much sold. (Still knocking on wood) The mortgage for Lynch Lair is in process and will be done by Thursdayish (still wood knocking).
Escrow on Lynch Lair closed on May 10 or May 12. We will start moving in that weekend. I have to immediately build a fence to restrict the Council of Curs. I also need to build a shack to house the Free Range Ferals.
Escrow on Lynch Manor closes on May 20. All should be full steam ahead at this point.
On Friday, we are going to Lynch Lair for our own home inspection to make sure there aren't any creaky surprises there.
As a matter of fact, my anger does keep me warm