We've been attempting to get a house listed so that the sales and closing process will be smooth and that there will be no problems created by an inattentive seller.
After two and a half weeks, the field card on the house matches the house. The assessment went up $14,000 which not only created a greater value for the client attempting to sell, but also assured us of no down the road conflicts. All permits have been brought current and completed.
Recap of costs:
- Late fee for Building Inspector $ 50.00
- Septic Permit w/late fees $ 100.00
- Septic Engineer's time $ 200.00
- Total: $ 350.00
As we were just about ready to finally list the house, I suggested to the owners that it would be a precautionary step to have an electrician come in and do a quick upgrade to the recepticles in the kitchen and baths as there wereno ground faults in those areas. The building inspector did not make an issue of them as the house was built at a time when they were not required by code, but as the house had undergone so much in renovations, it would show slightly better.
The electrician came in, did the upgrade, corrected some wiring faults in the panel, charged $150.00 for his time and left.
We went into the system, took 60 days to get under contact, closed 45 days later at almost full price, and the clients did their relocation. As they were leaving the closing table, I was rewarded with their smiles and also the assurance that they had told several of their friends in the area of the way their sale was handled and that I would definitely be getting calls in the future.
It's not always black and white, and the business we are in requires us to utilize the knowledge we gain while doing our job to prevent complications and problems down the road.
AN OUNCE OF PREVENTION IS WORTH A POUND OF CURE!
In our business we can be far more effective by being pro-active than doing nothing and being reactive.