It’s official — The Yellow Stain House is now under contract to be sold!
We’ve gotten tremendous interest in this house over the past week, and it was only a matter of time before we got an acceptable offer. Today, not only did we get a very reasonable offer, but a second potential buyer who visited the house a few days ago told their agent they’d be back tomorrow and would likely put in an offer as well. The second buyer tipped their hand at their highest likely offer, so we went back to the first buyer who made the first offer and told them that if they could match it, we’d accept immediately (no reason to wait until tomorrow and risk losing the sale for an equivalent offer).
There was a bit more haggling, but in the end, we got near full price, with excellent terms — an as-is sale (no due diligence period), over 3% earnest money, all cash offer, close in one week. It doesn’t get much better than that!
In fact, the closing is already tentatively schedule for next Tuesday morning, and if it can be arranged with the closing attorney’s and the buyer, we may possibly move it up to as soon as later this week.
Hopefully there won’t be an update on this one until after the closing…with no due diligence period, the earnest money is already ours to keep, and I’m hopeful the buyers will be able to close quickly, as promised…
We also got our first two calls about The Corn House, and two separate buyers were planning to look at that one last night. While I’m not expecting much, the fact that we got two buyers through there within the first week of my wife taking over the listing (after our previous agent didn’t get anyone through there in a month) makes me really happy. It’s a great house, and I’m confident that we’ll get an offer as soon as we can get a couple more potential buyers through there.