From the category archives:

Selling

House #6: Appraisal, Inspection

April 22, 2009

The buyers for The Red Garage House had their appraiser and inspector come out to the house this evening, and they said they’d love for us to be there with them during the appraisal and inspection. Of course, we were happy to attend…
The appraiser came by first, spent about 15 minutes at the property, [...]

5 comments Read the full article →

House #6: First Offer

April 16, 2009

After our full-priced sale on The Second Chance House earlier this week, and our expected near-full-price sale of The DIY House next week, I was beginning to wonder if we’ve been getting extremely lucky, or if we’re just doing stuff extremely right (probably both). Well, today we received another full-priced offer (okay, a few [...]

3 comments Read the full article →

House #5: Appraised

April 14, 2009

It’s been over a week since we had the appraisal done on The DIY House. Based on what I wrote in that post last week, I’ve been very skeptical that the house would appraise for the selling price, despite the fact that it still appears to be priced well below market.
I found out last [...]

12 comments Read the full article →

Update for 4/10/2009

April 10, 2009

Wow, so much going on, and not enough time to write…looks like this is going to be another overall update to bring everyone up to speed:
House #1: The Corn House
The Lease Purchase tenants at The Corn House moved in last week, and sent us a very nice email just the other day. They [...]

5 comments Read the full article →

House #7: Second Offer

April 7, 2009

We just got our second offer on The Roach Duplex (which again, is no-longer a “roach duplex”)…
While a little bit weird, it was a full-price offer. The weird part of the offer is:
- Buyer is requesting 7 days due diligence
- Buyer has a financing contingency
- Buyer has an appraisal contingency
While this isn’t uncommon for [...]

4 comments Read the full article →

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 [...]

12 comments Read the full article →

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; [...]

3 comments Read the full article →

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 — [...]

6 comments Read the full article →

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 [...]

1 comment Read the full article →

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 [...]

3 comments Read the full article →

← Previous Entries

Next Entries →