From the category archives:

House #17 - SOLD

3-Year Recap!

August 12, 2011

This weekend marks three years since we purchased our very first rehab property, so I thought I would spend a bit of time recapping what we’ve accomplished in the first three years, along with some of the statistics and interesting tidbits of our journey.
Here’s a quick recap of our accomplishments:

24 Houses Purchased & Resold (Every [...]

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The Highest Compliment

August 17, 2010

My wife and I got paid the highest compliment we could imagine by a buyer today — we got invited to their housewarming party!
The Escher House sold back in May. About a month ago, the buyers had an issue with a soffit that wasn’t sealed properly, causing water to come through the kitchen ceiling [...]

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House #17: Final Analysis

May 21, 2010

We closed on the sale of The Escher House today…
From start to finish, this was a fun project. Not only did we push ourselves to get this one done very quickly (4 weeks), but we did some major landscaping renovations that we’d never done on any properties before, so that posed some new challenges. [...]

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House #17: Ready To Close

May 13, 2010

Looks like everything went as smoothly as we could have imagined (so far) for the sale of The Escher House…
We completed two appraisals last week, and were pleasantly surprised when they came back at $180K and $185K, given the $175K sale price (these days, appraisals generally come within $1K of the sale price if you’re [...]

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House #17: Appraisals

May 7, 2010

Because the buyer is FHA and we’ve only owned the house for about 6 weeks, The Escher House needs two appraisals before the loan will be cleared…
The first appraisal was scheduled for this past Wednesday. As usual, I put together my folder to give to the appraiser…this included a list of renovations, a detailed [...]

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House #17: Inspections

May 4, 2010

[First, if you haven't voted for Chase, there's still time! ]
The Escher House went under contract last week, everything is going relatively smoothly and the buyers had their inspections this past weekend…
To be honest, I don’t think I’ve ever seen an inspection report from a good inspector with as few issues [...]

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House #17: First Contract

April 26, 2010

Well, as I mentioned, it was a crazy couple weeks trying to get The Escher House on the market before the tax credit expired, but our hard work paid off — two days after it was listed we received our first offer. And within 24 hours after that, we had negotiated a full-price contract, [...]

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House #17: Final Pictures

April 23, 2010

With a couple exceptions, we have finally finished The Escher House rehab, including the staging and listing it on the MLS…
We did a full cosmetic rehab, plus some structural repairs and major landscaping in about 30 days, which is pretty amazing given the bad weather we had for the first half of the project, and [...]

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House #17: Almost Done (+Pics)

April 19, 2010

I realize that all my recent posts have been about The Escher House, but that’s because it’s the only house we have left under renovation, and because it’s been an absolutely crazy project the past couple weeks.
As many of you probably know, the home-buyer tax credit is scheduled to end on April 30, [...]

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House #17: Landscaping Update

April 18, 2010

Quick update on the landscaping issues over at The Escher House (with pics below)…
After several days of digging with a bobcat and an excavator, our landscaping guys were able to get through enough slate and rock to level part of the yard and put up the retaining wall a reasonable distance from the house. [...]

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