I know some of you asked me whats up with my house update... and i've procrastinated it because it made me cranky haha, and NO ONE likes it when im cranky, especially me.
Do you remember this house? The one we were so excited to buy. It was a week before closing (and my birthday) and we got a call from our Lender telling us that Freddy Mae and Frick and Frack (the government) wouldn't insure our loan, until we replaced a portion of the roof that had the wrong kind on it ( a flat roof shouldnt have shingles buutt, this one did) Our Lender was so awesome that he figured out a way to make sure our loan could still go through, they (his company) would just have to insure it, we were going to have the roof work done anyways. The only difference now is that we had a deadline.. that if not met could result in our personal lender eating the cost of our loan. That'd be bad. So that bomb dropped after an annoyingly long day at work.
The next day, our lender had decided to have a mold inspector go through the house (Our initial inspector did find some wet residue in some of the knee wall areas but he didn't press the issue too much so we thought we were in the clear.) Well word comes from the lenders mold inspector and the issue isn't just a few water spots... there's mold, in the roof board, in the attic floor boards, and in the 2x4's in the attic.
I was mortified and mad. The lender said we would also need that to be fixed before Frick and Frack could insure the loan.
Here's my thought, the people who flipped this house obviously didn't even address the mold issue that an inspector could just SEE, what on earth could be behind that pretty drywall they put up? Poisionous mushrooms that emite deadly odors?.. probably.
They were shady. and I bet you 5 bucks they knew all about it.
So we cancelled our purchase agreement, a week before we were suppose to move in... but dont worry, the sellers put the poisonious mushroom house back on the market.. for FULL price and is now under inspection by some other sucker.
It had nice eye candy, what can I say i'm a sucker for pretty looking things.
*shakes finger* fool me once you, house flippers..
So goes the search!
Tonight will be our second time in the past week that we're going out to look at more houses.
*Crosses fingers*
Glad you were able to find out before it was too late.
ReplyDeleteThat's such a bummer!!! Good thing you did find out before you moved in though, even though I wish it didn't have that problem in the first place! Guh! Some people! Good luck in your search!
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