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Too Much Paperwork!

November 20, 2008

As I mentioned yesterday, we got an offer on The Yellow Stain House that we accepted. This was the first written offer that my wife has ever gotten as a real estate agent, and when it came in, we were both a bit confused about next steps. Certainly we wanted to counter-offer, but we weren’t […]

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House #4: Under Contract

November 19, 2008

It’s official — The Yellow Stain House is now under contract to be sold! We’ve gotten tremendous interest in this house over the past week, and it was only a matter of time before we got an acceptable offer. Today, not only did we get a very reasonable offer, but a second potential buyer who […]

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Our First (Own) Offers

November 18, 2008

My wife, brother and I have been scouring the MLS the past few days looking for new properties; now that we’re down to a single rehab and have two properties on the market, it feels as if we have nothing to do! Things are getting boring, and we’re ready to acquire at least one more […]

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House #4: Wow!

November 14, 2008

After having The Corn House sit on the market for the past three weeks without anyone even looking at it, I’m completely amazed at the activity we’ve had at The Yellow Stain House in the past 24 hours. We had to remove it from the MLS for about two days due to some paperwork issues, […]

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House #4: Another Offer?

November 13, 2008

I mentioned the other day that the first person to visit The Yellow Stain House was very interested in putting in an offer. She is still working through her financing, and as of yet, we haven’t received a formal offer; but her agent says that if the financing comes through, we will be getting one. […]

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House #4: Why Not Rent?

November 12, 2008

I just received a comment on a previous post asking why I wouldn’t consider renting out The Yellow Stain House. This is a question I get often, and also one I’ve asked myself often. While in theory, renting this property makes a lot of sense (the numbers work well), there are a couple practical issues […]

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House #4: Rehab. Offer?

November 11, 2008

The Yellow Stain House has been on the market for three days now. The foundation has been repaired, as has been the main water line from the meter to the house (there was a rupture that would have cost as much to fix as to replace the whole thing). As the house is still in […]

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House #3: Exterior Complete

November 10, 2008

We’re already a little behind schedule on The Second Chance House, but we’re making steady progress. Inside, all the rough plumbing, HVAC, and electrical is complete, along with all the new framing that needed to completed for the floorplan redesign. Last week, we pass all rough inspections and our framing inspection, and this week we’ll […]

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Real Estate License!

November 8, 2008

My wife got her real estate license last week! It took about 150 hours of study, a crash refresher course, and then two exams, but she did it, and with flying colors (whatever that means). In Georgia (and probably everywhere else), having your real estate license doesn’t mean anything until you find a real estate […]

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House #4: Rehab Update

November 5, 2008

We closed on The Yellow Stain House this past Monday. In the past three days, we’ve accomplished a good bit: – The foundation work was completed…while a good bit of the yard was dug up during the repair (they put anchors both against the interior foundation wall and outside the house), by the time they […]

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