From the category archives:

Selling

House #5: Final Analysis

April 24, 2009

As of a couple hours ago, The DIY House is officially sold! This entire project has been insightful, fun, and rewarding — both financially and just from the perspective of renovating a relatively big house. This is the first major rehab we’ve done without a General Contractor, and we’ve quickly realized that managing the projects […]

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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, […]

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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 hundred […]

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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 […]

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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 […]

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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 […]

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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 #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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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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