Thu Feb  6 13:47 EST 1997
To: _dad, _mom, _mm

One more thing I didn't want to mention out loud so no one could hear
me on the phone.  I was awarded a Special Acheivement award here at work
yesterday but they haven't announced it yet (which is why the silent
text and not the audible phone).  It should translate to a nice check
of who knows how much.

One glitch that is being worked on by our broker:

When we had the inspection done on the Pepperell Manor, it was disclosed
that the roof shingles were defective.  At the time, the seller checked
his contract which he thought said that they would cover the replacement
of the shingles plus half the labor to re-roof the house.  At that time,
their best estimate put the other half of the labor cost was $2300 so
our broker suggested that the seller cough up $1000, and that the
brokers (including herself) cough up $650 each.  We all agreed.

Now the word is that the seller was mistaken on the roof warranty and
the roofing company will only cover half of a prorated labor cost - or
about $200 leaving us with a $1900-2100 bill.  We don't know if this is
another problem but we won't let the house go for $2000.  I believe
our broker is trying to ensure that the roofing company isn't pulling
a fast one.  The shingles were defective; replacement should cover
the labor.  We also have to strive to get this warranty work begun
while the seller still owns the house - the warranty might not be
transferrable.  The biggest potential problem deals with how the
$1000+$650+$650 was written into the PSA; the roof was not mentioned
at all to avoid bringing up red flags with the bank.  There is no
contractual agreement, except our verbal agreement beyond the $2300.
So we need the good faith of the seller (who said that he didn't want any
hard feelings) to initiate the roof warranty and to fight for the other
portion of the labor costs.  Compared to nearly losing the house and
being homeless, it doesn't seem like much of a problem.  Having written it
down, I begin to wonder. But I do not feel the stress of it.

We'll keep you informed, of course.

Mark
  ,          Mark Metcalfe  ,d88b.d88b,  O love that will not let me go
  \_0__,    (508) 446-6451  88888888888   I rest my weary soul in Thee
    M                       `Y8888888Y'  I give Thee back the life I owe
   .|\. metcalfe@cadence.com  `Y888Y'   That in Thine ocean depths its
  Cadence Design Systems, Inc.  `Y'   flow may richer, fuller be.