You have got to be friggen kidding me!!!
Our home closing is being held up because the underwriter can’t read!
He said we have to have proof that the termite damage and infestation has been fixed.
There is no infestation.
There never was an infestation.
There is no damage!
The real story…
The house has sill damage. This is from WATER.
The house had very minimal signs of carpenter ants and there was a dead mouse in the basement.
The sellers agreed to pay to fix the sill. The repair was to be done AFTER the closing, because it’s…you know…WINTER! Funds were to be kept back from their profit on the sale to pay for the repair, and they’d get any remaining funds after the repair was done.
Everyone agreed to this.
The sellers also agreed to pay for the first Terminix visit. Terminix** came out and checked out the house. They agreed with the home inspector - THERE IS NO SIGN OF TERMITES!!! They did a general pest treatment even though there were no pests, and they cleaned up the mouse body in the basement. They set up new mouse traps, none of which have been sprung. The sellers paid for this and we paid up front for the rest of the year.
THERE IS NO DAMN TERMITE INFESTATION!!!
The underwriter has a reading comprehension problem and saw sill damage due to water and Terminix and made an erroneous connection.
Now he’s requiring a form to be filled out saying the termite damage has been fixed and another saying the infestation has been cleared.
I can’t just call the contractor and say, get your ass our here and find some termite damage to fix! I can’t also make him drop his other jobs to come fix the WATER damage.
- For those of you not familiar with Terminix’s policies - if your initial inspection shows no sign of termites, any future termite infestation treatments are FREE. This is a big deal considering that very large amounts of money are involved cleaning up an infestation. If they find termites, YOU pay for the treatments. The fact that they said there were no termites is pretty damn good proof that there are NO FRIGGEN TERMITES!!!
So, just got a message from the mortgage lady (called The Twit in another thread) and she said that yes there was a misunderstanding and that the seller’s attorney has to agree to hold 1.5x the repair amount in escrow and we probably still need the termite form filled out.
THEY ALREADY AGREED TO HOLD THE FUNDS BACK! OVER A MONTH AGO!