THERE'S A STORM A'BREWIN' - WHAT TO DO WHEN A STORM AFFECTS YOUR HOME SALE

By
Real Estate Agent with Coldwell Banker - Lewis-Kirkeby-Hall

HELLO EVERYONE,

HAIL IN SOUTH DAKOTA

 THIS IS A SAMPLE OF THE SIZE OF HAIL THAT PUMMELTED PARTS OF THE BLACK HILLS LAST NIGHT.  IT WAS EAST OF RAPID CITY MOSTLY.  IN THE BLACKHAWK, PIEDMONT, STURGIS AREAS.  MY FRIEND CALLED FROM BLACK HAWK TODAY AND SAID HE IS STAYING AT A FRIENDS PLACE FOR THE NEXT FEW DAYS OR WEEKS.  HIS MOBILE HOME WAS COMPLETELY UNINDATED WITH THIS SIZE HAIL.  HIS CAR WINDOWS WERE BROKEN, THE ROOF NEEDS REPLACED ON THE HOME, AS WELL AS SIDING, WINDOWS, ETC. 

20 MINUTES AFTER HE CALLED ME, I RECEIVED A CALL FROM A LOCAL REALTOR.  HE HAS THE HOME LISTED THAT I HAVE A BUYER FOR.  WE ARE SUPPOSED TO CLOSE ON THE 24TH OF THIS MONTH, AUGUST.  THE STICK BUILT HOME IS LOCATED ALSO IN THE PIEDMONT AREA.  THE REALTOR JUST DID A WALKTHROUGH OF THE HOUSE TO SEE WHAT KIND OF DAMAGE IT SUSTAINED.  THE ROOF SHINGLES WERE IN BAD SHAPE, LOTS OF VINYL SIDING HAS HOLES IN IT AND LUCKILY NO WINDOWS WERE BROKEN.  HE ALSO INFORMED ME THAT THE INSIDE OF THE HOUSE DOES NOT APPEAR TO HAVE ANY DAMAGE.

I CALLED MY CLIENT, THE BUYER AND SHE DROVE OUT TO TAKE A LOOK ON THE OUTSIDE AND SAID IT HAS ALOT OF DAMAGE.  WE ARE GOING OUT TOMORROW TO LOOK AGAIN AND ALSO ON THE INSIDE TO SEE IF WE NOTICE ANYTHING.  THE CURRENT OWNER IS FULLY INSURED AND SO ALL OF THE DAMAGE WILL BE REPAIRED.  A CLAIM WILL BE FILED, BUT I AM SURE THE WORK WILL NOT BE DONE BEFORE CLOSING.

I KNOW OUR OPTIONS ARE TO NOT CLOSE UNTIL THE WORK IS DONE OR CLOSE AND MAKE SURE THERE ARE SIGNED DOCUMENTS AND/OR A HOLDBACK OF FUNDS AT CLOSING. 

I STRONGLY ENCOURAGE ANY REALTOR TO CHECK ON ANY HOME THEY ARE GOING TO CLOSE ON AFTER A STORM RUNS THROUGH THE AREA.   HAS ANYONE OUT THERE RUN ACROSS THIS AND HOW DID YOU HANDLE IT?  I WOULD REALLY LIKE TO KNOW BEFORE I MEET WITH THE LISTING REALTOR ON MONDAY.

THANKS FOR YOUR HELP.........  DUANE HOSEK    WWW.DUANEHOSEK.COM

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storm
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Rainer
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Pam Hofmann
Third Tennessee Realty & Associates, LLC - Crossville, TN
Your Crossville, Lake Tansi & Fairfield Glade Specialist
Duane, I always hold back more than enough funds to complete repairs. Also, you might want to nix the  ALL CAPS, it's like shouting :) Pam
Aug 18, 2007 10:36 PM #1
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Rainmaker
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Duane Hosek

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