Friday, December 28, 2007

Buyer cancels Escrow...

Well our first prospective buyer has cancelled escrow on our three Canyon Rim condos located on the hills, in Anaheim Hills. After hiring a private inspector, costing the buyer over $500.00, the inspection came back fairly positive with only minor items found that needed attention. However, settling cracks found around the property, pointed out to the buyer the inspector advising the buyer to consider getting a geological inspection on the hillside on which the condos are build. Even though the condos have been there over 30 years...without incident and the condominum association sharing their findings about the geological inspection they had done, the buyer was still paranoid and concerned and was worried that the condos might slip down the hill and backed out of the purchase. So it wasn't meant to be and we start over again in the new year.

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