7.15.2007

Almost there...

We are getting closer to being home owners by the minute. I don't think everyone knows the whole story so we'll play a quick game of catch up and recap:

1) We made our third offer on a townhouse a couple of weeks ago that was in a neighborhood we really like and was priced to sell
2) Intense negotiations ensued on things like the asking price, closing date, and if the fridge had an ice maker (surprisingly the fridge does not have one)
3) The sellers proceeded to change their mind about three times on when they actually wanted to move out, which left us with this complex agreement: closing on July 31st with an offer to pay our rent for August, plus they want to stay in the house until August 13th and rent back from us during that time.
4) Once the closing date was all of a sudden very soon, we began hustling on things like getting a loan, inspection, and insurance
5) Our home inspection revealed an interesting problem in the roof. As with many townhomes and condos built in the early 1980s, the roof contains plywood treated with a fire retardant chemical (called FRT plywood) that was designed to reduce the spreading of fire among adjacent units. Unfortunately, someone forget to check if attic temperatures over 120 or so degrees would cause the same chemical reaction to occur and essentially break down the plywood without a fire present. So half of our roof has plywood that is breaking down (apparently the sellers got gypped when getting a new a roof in 2002 because they were shocked as well), but it sounds like they will replace the roof
6) And finally we changed our lender at the last minute, to take advantage of less fees from a local lender on some good advice from our real estate agent - this was a pain to do but worth it for the extra $$.

In a nutshell, we are really close to finishing this up. Here are two pictures showing off the nice hardwood floors from the entry way and the back brick patio attached to the walkout basement:

6 comments:

Anonymous said...

Yay Diehls! Good luck - I'm excited to hear what happens next.

Anonymous said...

Congratulations! Quite literally, the "home" stretch... See you next weekend.

Mike P said...

Cassie and Traci said they would help you move.

Anonymous said...

Um, no. But we'll help decorate. And maybe carry something light-ish, but no guarantees. I am really good at holding doors open, though!

(Nice try, Mike P.)

Rob said...

I can confirm that Cassie is really good at rearranging things in the back of the truck. You have to let her out when she's done, though. If you try to drive off with her, she'll bang on the walls and generally make lots of noise. She also threatened to hurt the dumpster bear - but I don't think you'd have that problem.

Traci is an excellent pillow carrier.

I can't recommend the two of them enough.

Anonymous said...

True--I can climb over furniture and arrange things in the back of the truck.

I appreciate the recommendation, Rob.