House #27: First Contract

November 21, 2011 · 3 comments

As of this past weekend, The Waffle House is officially under contract to be sold…

We’ve worked with the selling agent before, and we’re thrilled to be working with her again. She represented the buyer for The Corn House earlier this year, and that transaction went about as smoothly as we could have hoped. It’s not too often we find truly competent and hard-working agents in our business, but when we do, it’s a pleasure to get to work with them over and over.

There’s not too much to say at this point — I imagine inspections and appraisals will be scheduled over the next couple weeks, and the plan is to close just before the new year. This buyer is working with a local downpayment assistance program, so there will be some extra steps in the inspection, appraisal and underwriting process, but I don’t expect any issues, and will post an update as the sale progresses.






{ 3 comments… read them below or add one }

1 Jim November 21, 2011 at 4:50 pm

Kudos! Your hard work is paying off. Love the updates!

2 Mark November 24, 2011 at 3:20 pm

The staging of the Waffle house was awesome. I’m not surprised that you got a good contract for it. I really appreciate the updates.

Thanks,
M Mark

3 Johnny Brooks November 25, 2011 at 5:58 am

Just reading this blog made me hungry for the Waffle House. Good luck and keep us updated with the progress, there are obviously nothing guaranteed in this housing market.

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