Chapter 7 - THE INSPECTION ON FRIDAY
The independent valuation team arrived Friday at nine.
Trevor had spent the previous two days arguing that the inspection should be postponed because of “family disruption.”
The settlement deadline did not move.
The appraiser documented every room.
My office had been partially demolished. A contractor had removed built-in shelves but had not completed the proposed conversion.
The primary closet contained boxed materials worth less than six thousand dollars despite the forty-one-thousand-dollar invoice.
The pool equipment showed deferred maintenance Trevor had not disclosed.
More importantly, the appraiser discovered water damage behind a finished basement wall.
Trevor had known about it for months.
He delayed repair because disclosure might reduce the refinance value.
The independent valuation came in hundreds of thousands below the number used in his application.
Even without the forged release, the lender would not provide enough money to repay me, satisfy the mortgage and fund Trevor’s company.
First Crescent formally withdrew.
Its compliance department referred the typed release, signature sample and conflicting ownership statements for review.
My attorneys notified the divorce court that Trevor had attempted to encumber the property using inaccurate documents during the temporary-possession period.
The court did not instantly award me everything.
It ordered preservation of the financial records, prohibited new liens and accelerated the property-resolution hearing.
Trevor was given one final opportunity to produce legitimate financing.
He could not.
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The settlement agreement then required the parties to choose between listing the house and my purchase option.
I exercised the option.
