Friday, May 29, 2009
I thought you’d all like to know the outcome. The happy couple got the “flip” gone belly up. It looked as if it was a good deal. The area is a gated community, comes with tot lots, club house and pool. A home of the same floor plan that is actually finished just sold for a bit over $100,000 more than what the happy couple was supposed to pay.
Now for the particulars-not one single room is complete! It is 2,000 sq.ft.. It has 4 bedrooms and 2-1/2 baths. Pretty much, it’s about 165 sq. ft. less than our house. But it’s a townhome, so at least they don’t have to worry about painting, the front landscaping and the fences.
The bathrooms and kitchens all have new cabinets, floors and countertops. Two of the baths do not have toilets, one has no sink. The kitchen is missing every single appliance, the kitchen sink and the faucet.
While the pavers in the powder room, dining area, kitchen and family room are all new, as is the staircase and upstairs hall flooring-all the bedrooms and the living room are in desperate need of some sort of covering. There are no window coverings either. The water heater is new, the air-conditioning is not. The backyard patio is okay, but the overhang is rotten (in looks and in condition). The windows are new, but the installers broke some of the drywall.
The entire place needs painting and moldings.
This was before the “inspection” party. The kids invited us, Sam’s dad, my sister and brother-in-law (mainly because they have purchased 2 such fixer-uppers) and I believe my parents so that there are going to be plenty of “eyes” surveying the place. They were told there was a home warranty policy, but they haven’t been told just what this includes.
They’ve already been scoping out the cost of things such as: double ovens (on this I’m jealous-I have always been in need of another oven), built in range, dishwasher, sink, garbage disposal, faucet, microwave and the hood, refrigerator, washer and dryer, toilets and the missing sink and faucet for the bathroom!
Steve and I are both excited and worried for them. Same as my parents were for us.
At the inspection, poor kids found out that what looked like “cosmetics” only-was NOT. In fact, the exact words were “it’s as if the patient had terminal cancer and decided the best thing to do was have plastic surgery.”
At this moment, the one that was in back offer is off the table, as the first sale went through. So the hunt begins again, tonight.
Both of them thought that when they graduated from college that their learning, while not complete, had certainly come to somewhat of an end. I have a huge feeling that the real education in life and relationships is just about to begin.
Fortunately-I also have the utmost confidence that these two will be quick learners and will succeed in the next few steps of their lives.