From the category archives:

Houses

House #5: Appraisal Time

April 6, 2009

Okay, I must admit, I’m a little bit worried about the bank’s appraisal for the sale of The DIY House… The buyers are getting a VA loan, and the appraiser came out today. I met him at the house, and was hoping to walk away confident that the appraisal would come back well above where […]

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House #9: The Hat Trick House

April 5, 2009

We just got what-might-be House #9 under contract. It’s the third house in a row (hence the name) that we’ve bought in the same small neighborhood, along with The Red Garage House and The 16-Bid House. The layout is almost identical to the other two houses, with just some minor differences. For example, The Red […]

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House #6: Final Pictures

April 3, 2009

As promised, here are the final pictures from The Red Garage House (minus a final garage picture, unfortunately)… I’m thrilled with how well this house turned out, and the staging makes it look 10x better. We’ve listed the property about $10K above what we had planned, in hopes that we can get a better-than-expected offer […]

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House #6: Rehab Complete

April 2, 2009

Yes, that’s right, rehab is complete two days after my post that The Red Garage House is on the market… As I mentioned in that post, we still needed a double window replaced, and still needed the staging complete. Well, yesterday the window got replaced. And today the staging got completed… We were hesitant to […]

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House #6: On The Market

March 31, 2009

The Red Garage House is now officially on the market. Not that the rehab is complete, but that’s just a minor detail… Seriously, we still have one major rehab issue to complete — one of the double windows in the living room is broken and has been on order for several weeks now; we’re hoping […]

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Update for 3/27/2009

March 27, 2009

Here’s a general update on all the properties: House #1: The Corn House As mentioned previously, The Corn House is under a Lease Purchase contract for the next 5 months, and hopefully we’ll be able to sell it by August. We met with the buyers a few hours ago to collect the security deposit ($1500) […]

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House #5: Contract Signed

March 27, 2009

After all the craziness this week with the woman negotiating for The DIY House, I thought there was very little chance that we’d ever get to a final contract. She obviously was having cold feet (understandable for a first-time buyer), and I wasn’t sure if there was anything we — or her agent — could […]

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House #5: Contract Stalled

March 26, 2009

I mentioned the offer we received on The DIY House the other day…unfortunately, after several rounds of negotiation, we still haven’t finalized a contract… Personally, I think the issue boils down to the fact that the buyer is getting cold feet. We’ve made what we believe are some very large concessions, and have even spoken […]

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House #3: Moving Forward

March 25, 2009

As I posted the other day, The Second Chance House is under contract, and the buyers are moving forward full-steam. While they currently live out-of-state, they’re really on top of things, making our lives a lot easier… On Monday (12 hours after they signed the contract), they had an inspector come out complete a property […]

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House #5: First Offer

March 24, 2009

It’s been a good couple days… After receiving an offer on The Second Chance House less than 48 hours after putting it back on the market, we received our first offer on The DIY House today, just a week after putting it on the market! It was a very reasonable offer, and while we’re negotiating […]

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