In this episode the guys wrap up Season 3 with a very lengthy show. The first segment runs a bit long, but there was certainly a lot to talk about this week.
In our second segment, Jim uses his recent experience with buying one house and selling another as background for the guys to talk about the process of buying and selling houses in today’s economic and regulatory environment.
And finally our normal cigar and libation pairing segment returns this week after last show’s slight departure with the eLements tour episode. For the libation we take a cue from listener Ed and begin exploring summer mixed-drinks.
Enjoy the extra content this show, we’ll be taking our normal end-of-season hiatus for a few extra weeks. We’ll be back with an all new Season 4 in August. See you all on the filp side!
This week’s Cigar and Drink Pairing
Links from this week’s show
- Jim’s Blog
- Troubles in Honduras
- Video on full CAO eLements Tour on StogieReview
- SmallCanbeBig.Org
- Pickens Plan cancels Texas Windfarm
- Okay, it is way too early for Christmas stuff, Sears
- YouTube – Hitler reacts to Michael Jackson’s death (not family friendly)
- Jim’s Blog Posting on the latest Phishing Email
- Microsoft warns of serious computer security hole (AP)
- Pirate Bay acquired by Global Gaming Factory, going legit like Napster
- Streaming Radio Companies reach accord with record labels on song fees
- State of the Art – Bing, the Imitator, Often Goes Google One Better – News Analysis – NYTimes.com
- Bing vs. Google
- Who has the best 3G coverage?
- Pre-Order Windows 7 for a great price
- Play some of the great old games on modern PCs
- Hatch calls for Justice investigation into BCS
Ways to Listen:
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Buyer Beware – Rhode Island Home Purchasing Process
I have discovered a major difference in the home purchasing process for RI; it is intriguing.
Most of us follow the following order in the process:
1). Place an offer for a property
2). Negotiate the offer with the sellers
3). If the offer is accepted, have a home inspection done.
4). Evaluate the home inspection report
5). If acceptable, sign the Purchase and Sales agreement.
Rhode Island does it a bit different:
Steps 1 and 2 are the same, but here is the difference:
3). After the offer is accepted, sign the P&S.
4). Have the home inspection done.
Here is the problem I see: at the P&S stage, a significant amount of cash is exchanged. I do not know about most folks, but I would be scared to shell out cash without first reading the home inspection report. Yes, there will be contigencies in place to get your cash back. I think though, that this process of getting the cash back can get a bit contentious. Also, after the P&S is signed, your purchase price is locked; so there is no room for negotiating the price if, in fact, deficiencies are found in your prospective house. To me, this is an “all or none” situation.
Not sure if I like that.
- Ed