Friday, June 7, 2013

Selling the House : Adendum

   The thing to remember when selling your house.  It isn't sold until it's sold.  When we accepted the offer on the house several weeks ago, we thought, "That was it".  Not quite.  There are two possible snags.  If the buyer is getting a loan, the bank requires both the buyer and the house to qualify.  Since our buyer was a cash buyer, this was not an issue.
   The other hurdle is the home inspection.  This was the focus of our last several days.  Some people feel that the inspector is trying to earn his money so he searches until he finds anything he can.  Our inspector did find some items.  Many of them were little things that are easy to fix; like flashing needing chalking, a electrical outlet needing grounding, etc.
    The one big item that was discovered was the damage that was done when a raccoon got under our house.  Insulation was pulled down and damaged and heat ducts were chewed through.  The final estimate has not been added up yet, but State Farm says that we will be covered even if the work is done after the house sale closes.  The claim representative informed me that if the damage had been done by mice or rats, we wouldn't have been covered, but because it was done by a raccoon, we are ok.  Why?  Because a raccoon is a mammal.  (I know) 
   So it seems that things are moving forward.   

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