Just a quick post this evening, as it’s been a LONG weekend trying to finish up The Second Chance House…
After three 10-hour days, we completed our final punch list, got our staging furniture delivered and completing the staging. We have inspections scheduled for Monday morning to hopefully get our CO (Certificate of Occupancy), which is final approval from the county that all renovations have been completed to code and to the satisfaction of the inspectors, and the house is ready for new owners.
Overall, this entire project took a good bit longer than expected, mostly due to closing issues (the seller took nearly two weeks to sign the HUD-1 after closing was complete!), permit issues, and some personal issues that my General Contractor had to deal with. But, all-in-all, it was a great project, and I’m thrilled to add this beautiful home to our portfolio.
I’ll have plenty more to say about the financial results once we get this house sold, but the quick take-away is that we were on-budget; and despite a couple minor rehab surprises, we were even able to upgrade some of our materials and finishings. As for the rehab results, here are the final pictures…personally, I’m thrilled with the results.
We plan to put this one on the market right after the new year, and while we haven’t decided whether we will initially price it for a quick sale or whether we’ll attempt to generate a few extra dollars, we hope this one won’t sit for too long.