The home inspection did not go well. Well I guess overall it did. But a crack was found in the foundation and the buyers are obviously worried. This happened Wednesday afternoon. The one pro is that this is all they are worried about. They haven't really asked about the roof, the water heater, furnace, which are all original to when we bought 2005. Now all they are focusing on is the crack in the foundation.
So yesterday (thursday) I had our structural engineer come out and tell me what was wrong. He said he couldn't tell really without taking down the wall because from our crawlspace there was another wall three feet away from the original foundation. What he thought was it's coming apart because it's 1880s house and it's par for the course and area. Nothing uncommon or unknown.
So he said he really couldn't tell anything until taking apart but he said he could give a report on what he thinks is the problem and could be done. The price? $5-10k and $1-2k for his stamp as an engineer.
Now we're on the hook for 40% of the costs and our neighbors are concerned because they want to sell next year. We're okay shelling out the $5k as a credit to the buyers.
The problem? We don't want to deal with the construction. We don't want them to walk away from the deal because it's PIA to do construction. We are on the hook with them and right now my DH and I are planning on moving and they have given us the time frame.
I don't think we can do anything else but wait and see what they want. They are obviously waiting for the report.
They were unable to get a structural engineer out to our property yesterday. They sent an email stating that they were calling and no one could come until next week. When we did it they were pretty excited that we were just moving forward with our own report.
I'm thinking that perhaps they want to work with us and aren't running for the hills yet. Keep your fingers crossed. My DH and I have always been on pins and needles selling our place. There has always been problem we've worried with an old home and I will never, ever do this again.
Home Inpsection update
May 8th, 2015 at 02:18 pm
May 8th, 2015 at 02:22 pm 1431091359
May 8th, 2015 at 02:25 pm 1431091552
May 8th, 2015 at 03:03 pm 1431093814
May 8th, 2015 at 03:57 pm 1431097069
May 8th, 2015 at 05:29 pm 1431102562