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Showing posts from April, 2019

April

04/01 It turns out the roof is going to be a bigger deal than first presumed.  Even though it was next to be replaced, that timetable was about 2 years down the road and the inspector felt it only had about that left.  Insurance companies however, wont right a policy unless their inspector gives it about 3 to 5 years left.  Mortgage brokers want assurance of insurance.  The seller, his agent and my agent started working the possibilities.  The owner wanted to close as soon as possible however, Freddie Mac (who would be underwriting the loan) requires owner occupancy within 60 days of closing.  Because of the lease, that is something we couldn't fudge, so the earliest we were going to be able to close would be 3 June.  But we still need to get past the insurance issues.  04/02 Because of the issues in Emerald Gardens, we set up to look at some more houses today, but they wound up being taken off the market or changed to AS-IS sales and we just de...