Well folks, never underestimate the value of a home inspection. If you use a professional home inspector that knows what he/she is doing, then you'll be grateful for the information you'll glean. We were all set! Our house on the market, a contract on our next house, just waiting for everything to fall into place. Or not.
The "next house" was not perfect, but oh was the lot and the neighborhood. Frankly, the house was fugly, but not beyond beauty with our TLC and big imaginations. However, the home inspection turned up the issue of basement water seepage and an ongoing black mold problem. UGH! Now, mold damage can be repaired and the mold itself cleaned away. What stopped us in our tracks was the dollar signs that starting adding up as we reviewed what steps would have to be taken in an ATTEMPT to stop the seepage.....meaning, lots of money with no guarantee that the problem would be forever solved. Our final decision....it's not worth the risk so we walked away. Bummer.
Since we were selling our house because we wanted to buy "that" house there is no longer a need to sell our house. So, off the market it goes! Now I must cruise Pinterest to see what kind of trouble I can stir up since we're staying. TTFN!