Popping in this morning with an update of where we’re at with selling our first home/current rental property in Tennessee (Fort Campbell). Things are slowly but surely moving right along!
A few weeks ago I let the cat out of the bag that we are under contract to sell the home. Everything up until that point was smooth sailing, and though I wouldn’t say we’ve had any big bumps in the road, we’ve had quite a consistent list of things to do.
Per the contract, the buyer had 10 days to get an inspection done. On day 10, the inspector finally showed up to get it done but had to turn around and leave because Jamie and I failed to turn the power and water on so that those things could be checked. Head smack! My parents mentioned something about that to me, but we really goofed on that one. Whoops.
My realtor gave me a call to tell me what was up, and as soon as we hung up I was back on the phone with the power and water companies getting everything turned back on. A few hundred backs later we were back in business. A couple hundred of those dollars are just deposits, but we’re out $100 in fees just turning them on for the inspection.
Fast forward two weeks, and we were still waiting on the inspection to get done. We fell into this weird gray area with the inspection because the buyer technically only had 10 days to get it done, but technically they did try and we were the ones who messed up. Arg. Jamie and I had to electronically sign a form of an ultimatum (suggested by our realtor) basically saying that the buyer had three days to get the inspection back to us or we weren’t going to fix anything they requested. That lit a fire under the buyer’s agent, and we had an inspection report in our hands less than 48 hours later.
Since the home is only 4.5 years old, we assumed the report wouldn’t come back with much, so we were surprised when it actually did come back with a list of issues that wouldn’t be noticeable to the naked eye. The buyer only asked us to make three repairs, but we agreed to only fix two (one of the issues wasn’t really an issue at all and was an unnecessary fix).
Our agent called around and got some estimates for the two repairs, and we’re looking at several hundred bucks. Though we were a little bummed about making expensive repairs on things that should have been built properly to begin with, we know this is all just a part of selling a home and the risk you take when you buy property.
Another thing we’ve had to take care of recently has been arranging lawn care. We are using Mark’s Lawn Car service to keep things tidy during this six week period that the house is empty. When we bought our home here in Kansas we were so thrilled to come home after closing to a freshly manicured lawn, and we want to make sure we do the same for our buyer.
The closing was pushed from April 27th to April 29th, and we are just counting down the days! I’ve mentioned many times in previous posts (most recently this post) about how truly special this home is to us, but we are ready to hand it over and be done.
Here’s to hoping and praying that things go smoothly throughout the next two weeks as we cruise into closing!
Looking for more posts about buying and selling our homes? Look here!