Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (32681)	7/21/1999 5:58:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 71178

>>>>>Is the other one Chris liked still on the market? Just heard home sales are off 6%.<<<<< No, that one's gone. I read the same thing this morning, it did make me feel a little more comfortable about bailing out. This morning after I logged off, my real estate agent called and left a message that Bozo could not have all the work done by Friday, the day of closing, and suggested an escrow account. She said Bozo has a contractor's license, so she thinks, and he thinks, that the other contractors doing the electrical, plumbing and HVAC didn't need licenses. I then went to the County Permit Office, and Bozo did finally pull a permit for the garage this morning, which isn't the same thing as getting final approval, of course. While I was there I got a copy of the state regulations for contractors, and confirmed that all electrical, plumbing and HVAC work must be done by contractors licensed in those fields, and that a builder's license doesn't license anyone to do electrical, plumbing and HVAC work. I then went by my lawyer's office and got a copy of the letter to Mr. and Mrs. Bozo confirming that settlement was set for this Friday. I was working on a letter when Bozo called me, and wanted to know what he could do to work things out. I told him nothing, that the work had to be done by licensed contractors and completed by Friday, and since he couldn't do that, we were declaring the contract void. He told me that he had a Class A builder's license, and I told him that didn't license him to do plumbing, electrical and HVAC. He said if he was working on his own home he didn't need it. I said, "well, you aren't doing the work, are you? You've got unlicensed people doing the work for you. And I don't know if you are aware of it, but you could lose your contractor's license if the state found out that you were hiring unlicensed people." He said, "well, if you don't want the house, fine." So I faxed and delivered a letter voiding the contract. Funny thing is, the guy has a real estate license, a Class A builder's license, and is a member of the Virginia and D.C. bar. And he's got these jack-legs doing the work. I dunno, maybe I'm picky, but I wish I'd known about the contractors before the signed the contract. Next house we try to buy, we're going to try for one that hasn't been remodeled and do it ourselves, so we can make sure it's done right. Chris has finally come around on that.