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Home > The home stretch, er, I mean, crunch.

The home stretch, er, I mean, crunch.

June 22nd, 2011 at 12:57 pm

Well, it's happening. We are scheduled to close on the old house on Thursday. That feels nice.

But, this week is totally stressful and I'm stretched to the max. The buyer agreed to our more reasonable list of repairs (no, I'm not adding outlets for you!). But he wants us to do the work before closing, rather than taking the cash to hire who he likes. And, he wanted to move the closing back from July 8 to June 30--. Maybe as a newbie homeowner he doesn't realize it's summer and good contractors are booked up for weeks. Most of my usual guys are booked, so I have had to hire another electrician. I'm a little nervous. He sounded kind of like a knuckle dragger, but he's part of a family company that has been around for 75 years, so at least I know they aren't fly by night.

I do know I will have to pay much more to get the work done than I would have paid my regular electrician. Ugh. But what choice do I have?

I do not want to set up an escrow account to let the buyer pay for repairs, because he has no incentive to shop smart and be cost effective if he's spending my money. And I don't want him to add services or anything on my dime. So, I'm trying to get as much done before next week as possible, and if today doesn't go well, I may angle for the original closing date.

Anyway, fingers crossed that all the pros show up when they say they will!

5 Responses to “The home stretch, er, I mean, crunch.”

  1. creditcardfree Says:
    1308751538

    I bet it will go well, but I know it is stressful. Keep the faith!

  2. CB in the City Says:
    1308757606

    That's really unreasonable, to move up the closing date AND give you chores to do.

  3. ThriftoRama Says:
    1308767660

    Buyers market= unreasonable demands.

    Thanksfully the electrician was very skilled, and my fears were immediately alleviated. Although, he did charge me $65 for the hour he was out looking for a part. Oh well. Taking a bath to make the sale, right?

  4. Looking Forward Says:
    1308788453

    Xing my fingers for you Smile

  5. MonkeyMama Says:
    1308844520

    Fingers crossed!!

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