You think that after you have agreed to terms with a buyer you’re done, right?
Nope. There’s always something else. Lots of little eyes to be dotted and tees to be crossed before escrow can be completed.
The above photo shows our house being fumigated for the termites that habitually live in our beach houses. That also means interrupting the gas service and gently persuading our neighbors to leave for a few days while they kill every living organism in the house. Kinda like chemotherapy, I guess. (Thanks neighbors, you were very nice about this)
Another major issue is the status of the roof. Our home is technically a condominium, and the roof is controlled by the Homeowner’s Association — which is comprised of us and our two neighbors. After a lookover by a number of roofing folks, I think the bottom line is we’ll kick back some money to the buyer for his share of the association’s roof maintenance.
Then there are the house numbers, which are tired looking after almost 30 years. Crashing my rental truck into them about 10 years ago didn’t help either :-). I did some artwork in Adobe Illustrator and sent it off to the sign company to be created.
And finally there are the little details that didn’t quite get all done before sale, such as leaky faucets and drains; patching up holes created by hanging artwork on the walks after we painted the entire house.
And each one of these little and not so little things has a price tag attached. But we keep going, eyeing the finish line and trying not to trip and fall before the end.
But honestly, the part that’s usually the biggest problem – the money – has been thankfully simple and smooth. We received eight qualified offers at or above the asking price. Our agent, Gary Richardson, didn’t even show all of them to us. The one we chose was way over asking; had enough money to pay cash, but decided to finance 50% of the purchase. That meant he had no problems qualifying for a loan; and when the appraiser’s home value came up exactly at our selling price, that made the bank’s job even easier.
The buyer has been quite easy going; when we met he was more concerned with the cable tv hookup than anything else.
So all the forms are signed, the money has been transferred to escrow, and we’re all set to close before the end of the month!
Everyone in this process has been wonderful! Thank you, all of you! We appreciate it.
We made our decision to move in January, and here it is August and we’re just about at the finish line. Definitely a marathon.