We've been talking to Don, our real estate agent the last several days concerning the termite issue and what we can do about it. The shed measures 10' x 12' and the termites have been treated so that's no longer an issue. There is some wood that was damaged but nothing significant. There is a clause in the contract that states we would cover up to $1000 for any kind of termite damage found. That would certainly cover the damage that had been done. The problem is after what we have been through the last several days with other things, we don't believe we could make her happy no matter what we did. We offered to discount the sale of the house the $1000 and she could have it repaired the way she wanted. She called Don on Monday and said she wanted an addendum added to the contract to have an appraisal done on the house and if it didn't appraise for what she offered we would sell her the house at the appraised price. Keep in mind we were suppose to close on the house this coming Friday, March 30th. We have been back and forth so much with her giving in on everything she has asked and with the developments of the last few days we said absolutely not.
By now we have had enough and Don has as well. She wanted to invoke her rights under the inspection to get out of the contract and we agreed to release her. Don came over Monday night and we signed the release. Don asked us if we would allow him to call the other person that had lost the bid on the house when we accepted Cherie's bid instead. We agreed to leave the "Sale Pending" sign out until Don could contact him and get back to us. We'll see what happens next.
Until next time...
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