We received two offers on The WI-1 House this week, and have accepted one of them. It’s near full-price, reasonable inspection period, minimal closing costs and everything else about the offer is clean. The buyers have 12 days for inspections and we’re scheduled to close at the end of next month.
I also learned an important lesson this week. The buyers asked for proof that all permits had been pulled and all inspections completed by the city building department. Not a problem — I called the permit office and asked if they could send me proof of permits and inspections. To my surprise, the permit office told me that there were still three open permits — Foundation, Electrical and HVAC! This means that there was no record of the final inspections being done (despite my being present for two of them).
I didn’t care about electrical and HVAC, as those can easily be inspected again, but if the foundation work needed to be reinspected, we’d literally have to tear apart the basement walls. Ultimately, everything was sorted out — the inspectors both had notes of the inspections and had just forgotten to mark them complete in their tracking system.
But, it was a good reminder (great reminder) to always get these things in writing from the inspector or from the building department. I wasn’t looking forward to having to tear open the basement for another inspection because the inspector forgot to update his system… 🙂