||[Feb. 23rd, 2006|11:14 am]
Escrow is scheduled to close on March 10. My loan was finalized and approved by the underwriter yesterday and my hazard insurance quote came through today. I have never signed and/or faxed so much paperwork in my life and it's barely half over. I also turned in my 30-day notice of intent to vacate to my apartment complex. |
The only issue (and it is a small one) is that the current owner of the house has installed a pull-down ladder in the garage ceiling for access to the attic. Normally, this would be OK, but because the garage is attached to the house, it must have special "fire seal" insulation and sheetrock on all walls it shares with the house, which includes the ceiling. The pull-down ladder was installed sans the correct materials. We submitted a request for repair to the owner for that a a few smaller items (bad wax seal on the toilet, leaky faucet, etc.) and are waiting to hear back.
The owner is under no obligation to fix any of my requests, but it is in his best interests to fix what he can, and then come back to me with some potential negotiating points for the items he does not want to fix. For instance, offering to knock $500 to $1000 off of the selling price of the house in lieu of repairing the pull-down ladder would be appropriate.
This is all standard and "part of the process", I am told, so I am not too worried. In fact, the whole process has gone much smoother than I anticipated. Still, it's all very surreal. Me? A homeowner? Bwah.
P.S. If anyone wants an awesome three-bedroom, two-bath apartment in Chico for $895 per month (new leases for these apartments are currently $975 per month), let me know now! Also, because we have been there so long, if anyone takes over our lease, they will get carpet cleaning, blinds cleaning, full apartment painting, and four hours of general cleaning PAID FOR when they move out.