Tuesday, July 25, 2006

House 3: Buyer's Inspection Report

They managed to beat the deadline. They had 10 days to inspect the property and get me a list of what they wanted fixed. At 9:30 PM on the tenth day, they faxed it. As usual, it was just a copy of the inspector's report with a note saying they wanted everything fixed. (Actually, there was one minor thing they didn't want fixed, but it was basically everything.) Anyway, we counter-offered back with crediting them $1,500 at closing for them to fix the stuff themselves. After talking to their agent, we found out the buyer really wants air conditioning. (The property has a brand new swamp cooler that I had installed, but the buyer wants A/C.) The appraisal came back $1,000 higher than the selling price, so we decided to up the selling price by $1,000 and I'll credit that back to her as well. She will then use the $2,500 to get air conditioning installed.

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