ernest_t_bass
Posts: 24,984
Mar 22, 2017 1:30pm
Minor details. Leave that to the realtor.justincredible;1843301 wrote:Yep, hopefully they don't mind it's actually in Cincinnati.
ernest_t_bass
Posts: 24,984
Mar 22, 2017 1:31pm
Congrats, by the way. Well, hopefully.
S
slingshot4ever
Posts: 4,085
Mar 22, 2017 2:53pm
We are selling our first house right now and building a new home that we expect to see all kids go through college in. Had 3 offers after 3 days on the market. Took the highest cash offer which was above list price. Now just waiting on the inspection results for our 50 yr old home to see what we might need to fix for the buyer :/
justincredible
Posts: 32,056
Mar 22, 2017 3:06pm
Rub it in, why don't you.
But seriously, congrats.
But seriously, congrats.
ohiobucks1
Posts: 4,915
Mar 22, 2017 3:44pm
I've heard that lowering the price actually scares a lot of buyer's off because they think there is something wrong with it. I'd hold off on going any lower. Did you interview multiple selling agents to see the best price to list it at? Have you asked any of them if upgrades to the kitchen would complete change the price? Sounds like when comps were ran similar houses went off the market quickly, maybe your selling agent isn't doing a good job?
justincredible
Posts: 32,056
Mar 22, 2017 4:39pm
We officially have an offer. It's a little lower than what we were hoping for but not by much.
Belly35
Posts: 9,716
Mar 22, 2017 6:04pm
should have replace the patio furniture...justincredible;1843329 wrote:We officially have an offer. It's a little lower than what we were hoping for but not by much.
justincredible
Posts: 32,056
Mar 22, 2017 8:43pm
We've officially accepted an offer on the house.
Ironman92
Posts: 49,363
Mar 22, 2017 10:02pm
Congrats!justincredible;1843356 wrote:We've officially accepted an offer on the house.
GOONx19
Posts: 7,147
Mar 22, 2017 10:42pm
Nice!!justincredible;1843356 wrote:We've officially accepted an offer on the house.
ernest_t_bass
Posts: 24,984
Mar 23, 2017 6:29am
Congrats. Garage was probably what sold it.justincredible;1843356 wrote:We've officially accepted an offer on the house.
justincredible
Posts: 32,056
Mar 23, 2017 10:50am
Indeed.ernest_t_bass;1843405 wrote:Congrats. Garage was probably what sold it.
ernest_t_bass
Posts: 24,984
Mar 23, 2017 11:33am
Joke's on you. I hid your patio furniture in your garage.justincredible;1843428 wrote:Indeed.
justincredible
Posts: 32,056
Mar 24, 2017 9:26am
I think we found the perfect buyers. They are buying it to use as a rental so the main complaint for most buyers (small kitchen) didn't bother them. They aren't going to be super nit-picky over minor cosmetic things. We can close quickly (set for May 1), get our funds, and continue to live in the house and pay them rent until we can actually move out. My entire work year culminates the week of May 27-June 3 and I will be busy as hell leading up to that week so trying to close on houses and move during that time would be an absolute nightmare. This gives us a lot more flexibility on when we can actually move out. Hopefully nothing major comes up in the inspection.
ernest_t_bass
Posts: 24,984
Mar 24, 2017 9:51am
Wow. First off, congrats. But I'm surprised a landlord would be willing to pay full price for a rental. Good on you, though.justincredible;1843630 wrote:I think we found the perfect buyers. They are buying it to use as a rental so the main complaint for most buyers (small kitchen) didn't bother them. They aren't going to be super nit-picky over minor cosmetic things. We can close quickly (set for May 1), get our funds, and continue to live in the house and pay them rent until we can actually move out. My entire work year culminates the week of May 27-June 3 and I will be busy as hell leading up to that week so trying to close on houses and move during that time would be an absolute nightmare. This gives us a lot more flexibility on when we can actually move out. Hopefully nothing major comes up in the inspection.
justincredible
Posts: 32,056
Mar 24, 2017 10:03am
It's a nice house in a desirable neighborhood that they will have no problem renting out for $2k/month. They'll get a nice flow of income from the property.
ernest_t_bass
Posts: 24,984
Mar 24, 2017 10:23am
True. Are you close to any college campuses? Can't get that kinda dough for a rental in my hick town!justincredible;1843636 wrote:It's a nice house in a desirable neighborhood that they will have no problem renting out for $2k/month. They'll get a nice flow of income from the property.
justincredible
Posts: 32,056
Mar 24, 2017 10:30am
We can get to UC or Xavier in 10 minutes or less.
justincredible
Posts: 32,056
Mar 31, 2017 9:40am
We are through inspection, and they came back with only a minimal request. They want $1,000 towards minor repairs and they want us to have the furnace and a/c serviced and provide a receipt before closing. Sold.
Benny The Jet
Posts: 2,987
Mar 31, 2017 10:17am
Congrats. It's a pretty awesome feeling selling and having that weight off your shoulders.justincredible;1844927 wrote:We are through inspection, and they came back with only a minimal request. They want $1,000 towards minor repairs and they want us to have the furnace and a/c serviced and provide a receipt before closing. Sold.
OSH
Posts: 4,145
Mar 31, 2017 11:42am
Congrats justin.
Nothing on my end yet. Diva lady that was VERY interested screwed us over -- it's only that because she's friends of GREAT friends. We were working with her in making it happen and she just turned her back without notice. I lit her up and she crawdadded. Oh well, it happens. We have two months before we'd HAVE to sell as my wife and family will be there until she finishes up the school year.
I'd rather not wait, if possible.
Nothing on my end yet. Diva lady that was VERY interested screwed us over -- it's only that because she's friends of GREAT friends. We were working with her in making it happen and she just turned her back without notice. I lit her up and she crawdadded. Oh well, it happens. We have two months before we'd HAVE to sell as my wife and family will be there until she finishes up the school year.
I'd rather not wait, if possible.
justincredible
Posts: 32,056
Mar 31, 2017 1:29pm
Good luck, man.
S
slingshot4ever
Posts: 4,085
Apr 1, 2017 6:58pm
as expected, inspectors found a good amount of stuff...buyer agreed to take as is if we would just discount the price by a couple grand...we agreed and will be closing at the end of the monthslingshot4ever;1843315 wrote:We are selling our first house right now and building a new home that we expect to see all kids go through college in. Had 3 offers after 3 days on the market. Took the highest cash offer which was above list price. Now just waiting on the inspection results for our 50 yr old home to see what we might need to fix for the buyer :/
justincredible
Posts: 32,056
Apr 2, 2017 9:02am
Congrats on getting through the inspection with minimal requests.
Anyone ever do a 203(k) renovation loan? It would be a last resort if we can't find a move-in ready house we really like, but we've considered buying a fixer-upper and putting in some work to renovate it to our needs/style. I just found a sweet house in an up-and-coming neighborhood that gives us all of the space we need, it just needs a bunch of cosmetic work.
Anyone ever do a 203(k) renovation loan? It would be a last resort if we can't find a move-in ready house we really like, but we've considered buying a fixer-upper and putting in some work to renovate it to our needs/style. I just found a sweet house in an up-and-coming neighborhood that gives us all of the space we need, it just needs a bunch of cosmetic work.
ernest_t_bass
Posts: 24,984
Apr 2, 2017 9:35am
What is your plan (again) on moving to the country? Timeframe.justincredible;1845260 wrote:Congrats on getting through the inspection with minimal requests.
Anyone ever do a 203(k) renovation loan? It would be a last resort if we can't find a move-in ready house we really like, but we've considered buying a fixer-upper and putting in some work to renovate it to our needs/style. I just found a sweet house in an up-and-coming neighborhood that gives us all of the space we need, it just needs a bunch of cosmetic work.