We are expecting to complete the purchase of the 399 next week. The two things that are needed to close are financing and insurance. I have commitments for both. But the financing requires an inspection and the insurance comes in the form of a binder. We had a tentative agreement to get the inspection done tomorrow, March 2. But the financing company was having trouble reaching the owner, and so was I. I started having visions of him slipping away in the middle of the night, like the Colts from Baltimore, with the 399 and my $2K deposit. Then, unexpectedly, I received an email from him on Tuesday, two days ago, informing me that the inspector had already been there. I was surprised, of course, as I had expected to combine the inspection with the walk-through. But now we will have to do the walk-through on the day of the close. No big deal, just unexpected.
The other problem is the insurance. I have a coverage sheet and a price, both of which are acceptable. But the coverage sheet has a couple of minor errors that need to be corrected. I have dealt with a local agent to this point, but the coverage sheet arrived with the business card of a guy from North Carolina. Same agency name, same last name, same 800 number. Father / son? I don’t know and don’t really care. I just need insurance. But I have called that 800 number twice this week and have gotten only voicemail. No return call. I am starting to get nervous.
The good news is that the owner has agreed to sell me his hitch for $150, so as of the day of closing I will have a complete rig. Woo hoo!