Friday, May 28, 2010

Escrow

So we had the home inspection today, overall it went pretty well. There were obviously lots of issues, most of them not major. However the electrical breaker panel has issues and so there is no power to part of the house. This also means that they couldn't test the water heater and the furnace because they are on that circuit. In addition the gas is not turned on either so even if there was power they couldn't test the water heater or furnace. So we will need a second inspection once those things are fixed.

Following the home inspection we went over to the sellers office, met with the primary agent selling the house. I don't really know what it was, nothing I could put my finger on, I didn't like the agent. Maybe it was because he really didn't seem to know what was going on and things are taking too long. After talking to him about the things that needed to be fixed we headed over to escrow. In escrow we dropped off our good faith deposit, so we are officially in escrow we have money in the game.

So yeah, scary but exciting, hopefully they fix that stuff so we can continue with the home buying process. Well I shall write more once I know more!

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