Saturday, May 5, 2012

House News

Sad news on the house front.

The lead tests all came back way positive inside and out.

The bottom of the report said that >0.5% weight was the federal definition of lead-based paint. The actual values around the house were all over 20% and as high as 34% in some areas. The average was around 29-30%.  Carrie and I ended up walking away from the house.

People have expressed their condolences, but we don't really need any. It sucks we didn't get a potential single family house, but we're only out the time, home inspection bill, and crooked lead tester's price (he'll be getting a nasty google review at some point). The people who own the house, now have to disclose to anyone interested in buying that they have lead paint. That's going to cost them a much prettier penny than we paid. I don't think they had many offers (if any) before ours, because the house had been on the market for close to 40 days when we stumbled across it.

We're back in the hunt. We're in a little bit more of a time crunch since we have to close on our house June 6th. Back-to-back closings aren't likely as we haven't found another house to put a bid on yet. Carrie was disheartened yesterday, because she found a great prospect and discovered a Radon test while she and Barbara, our agent, were walking around. Someone had put a contract on it that morning. There is a townhouse near us that's up for less than ours, but may be another good turn around prospect several years down the road.

We'll just have to keep on looking.

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