Eighteen months ago, when we were having great difficulty selling our house, we entered into a lease option. Our prospective purchaser agreed to move in, pay rent for 18 months and then have the right to buy the property at the end of that term. It now appears our buyer will not be able to carry through with his option. What happens then?
The natives are restless. The smell of tar wafts through the night air and somewhere a chicken loses its feathers. The board prepares for impending doom. Board recalls don't happen out of the blue. Like Mount St. Helens, they give off warning signs. There's rumbling and venting going on. Disgruntled phone calls, rants at board meetings, terse letters tacked on the door.