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Tuesday, September 25, 2012

House selling and then renting!

Gads, talk about a crazy week.  First the appraiser came by to appraise the house.  Two days later the home inspection was done along with the radon testing.  So far so good. 

Then the reports came back.  Radon a little high at 5.8 above the 4.0 set by EPA.

Several outlets tested showed reverse polarity.  Been that way since the house was built. 

Appraisal came back at or above the selling price.

So what to do.  Well, first we will have someone come in and fix the radon problem, called remediation.  Sounds like taking a course over ago in college.

Have an electrician come in and fix those outlets that were tested.  Make sure the north pole is connected to the north pole and same with the south pole.

So if that is not the only thing, my wife is out of town visiting our daughter and son-in-law and our new grandson.  So there is no one else to call to schedule things while I am out of the area working.  Luckily the real estate agent is opening the house to take care of some of the fixes that have to be completed.

 Whew, thank goodness the appraisal was good.  The banks only lend the amount based on the appraised value.  This is sure a change from twenty years ago.  If it had been lower, then the deal would have been off.

Now we have to find a house to rent until we build.  Used Craigslist for rental property in the area we would be moving.  Could not even think about signing anything until the appraisal came in.  Trouble was the homes I was following ended renting before I could go and view and talk about renting. 

So today, it all ended on the rental side.  We had looked at a home three weeks ago and luckily it had not rented.  I sign the rental forms and sign over a check to the owner tomorrow.  Thank goodness for that.  I dreaded the thought of having to store most of the stuff and then rent an apartment.


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