Originally uploaded by pinkaboo_uk.
So yesterday Bill and I were in the middle of the grand Braeburn Circle attic clean up when our realtors called and said they would be dropping by to fill us in on what is happening with our house closing. If you recall we were supposed to be closing this morning but that didn’t happen.
We have a double lot and the buyer has been working to split it back into its original plots so that he can bulldoze our home and put two houses up in its place. Apparently what has happened is that the day he took the paperwork to the county to get this completed the county commissioners held a meeting to discuss a problem residents have with subdividing lots in North Druid Hills and as a result they called a county wide 30 day ban on such requests. Very bad timing for us as although our buyer apparently has the paperwork approved, signed and stamped it still needs to be entered into the system to be official and at the moment it’s just sat on someone’s desk, in limbo thanks to this moratorium. Which leaves us in a bit of a bind.
It’s sickening that some residents protesting in a completely different neighbourhood can effect us like this. I mean, Druid Hills is in a completely different commissioner district and is a very different kind of a neighbourhood but instead of dealing with an isolated problem they’ve just had a knee jerk reaction and are involving the entire county.
We ended up being rather put on the spot yesterday and signing an extension to our contract which now places our closing on the 15th. This is in the hope that the builder can pull some strings by speaking to our local zone commissioner and somehow manage to get approval for our application to be entered into the county computers.
Meanwhile we have to close on our house in Tampa on the 24th and thus we’re more than a little worried at the moment.
We ended up just walking away from the house after the realtors left and took Sam to Coan Park to check out the fabulous new playground there. Considering Coan Park used to be rather dodgy and scary it’s pretty cool now and it’s great to see that neighbourhood is making great strides for the better now too.
After letting Sam run around for a bit we investigated the new pizza place in Kirkwood and watched an intervention while we enjoyed our food. Had a thoroughly nice afternoon to take our minds off the stressful house business.
Today Bill got hold of Kati, explained our troubles and she offered to take a look over our contract for us. We were led to believe yesterday that if the buyer backed out now that all we would get is the meagre earnest money put down ($1000), but Kati seems to think that if our buyer did try to back out of buying the lot, because the contract doesn’t specify that purchase was contingent on splitting the lot, we would have a case for damages. It would be a long and expensive process, but not unfeasible.
She also explained that we should have negotiated that the buyer put down more nonrefundable earnest money in good faith for us to extend the contract and keep the house off the market while this is worked through. Sadly that advice comes too late for us now and we’re rather irked that our realtors didn’t bring that up yesterday and rather sprung the extended contract to sign on us. As the buyer is a builder who has ties to our realtors’ company we’re beginning to wonder whose interests are really being looked after here.
Uh oh, getting stressed again now.