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 most real estate purchases, the fact that I expected this duplex to sell to a serious investor, I wasn’t expecting a financed offer. I also wasn’t expecting an appraisal contingency (I have no idea what the appraisal might come back with).
Anyway, it’s a full-price offer, and we don’t have any other compelling offers right now, so we’ve accepted it, and we’ll see if we get through both due diligence and financing/appraisal without any major issues. I’d be really surprised if we could close this deal with this buyer, but it’s worth a shot…