After spending the weekend with my buyers and showing them what felt like hundreds of houses, they found what we thought was "the" house. We submitted a contract, we negotiated and did inspections, had an appraisal and were just about ready to go to closing when the bottom dropped out. After having the property checked by an professional siding contractor he determined that the whole house needed to be re-sided to the tune of 11,000.00 and change. Needless to say the buyers decided to terminate the contract and find another house. The sellers are left wondering how this could have happened- why did'nt the building inspector pick up on this, what is the builder going to do?
As the Buyers agent it means getting back in the car and looking at houses again and hoping that the next house will go much smoother. But I can't help but feel for the Sellers agent and the Sellers!