Tuesday, June 30, 2009

Delay’s and Surprises

So after putting our house on the market, Deena and I returned to Boston. Our realtor was confident our home would sell quickly. The house across the street sold in 42 days, within $5,000 of the asking price. We were priced in the same range, and had the same floor plan so we were confident.


 

Despite several showings, good comments and open-houses we were still missing an offer. After 6 weeks, we decided to drop the price by $5,000 to attract a buyer. In the meantime, our offer on the new house expired. We decided that was ok and we really should focus on selling the Mahan house, and then make decisions after that took place.

One afternoon we got a call from our realtor. It seems that the sellers of the new house were in the market for an investment property, and they wanted to see our house and gage its potential as a rental. To make a long story short, we soon had a cash offer in hand for our house from the sellers of the other house.

Deena and I were amazed. Everything continues to fall into place to allow this transition in our lives take place. As of last week, both inspections were accepted, and we are on track for a double closing on July 23rd.

Now that you know the story, I would like to start discussing plans for the new house. In my next post I will outline some of my thoughts and ideas. I'm definitely looking for input and advice from any of you that may be doing similar projects.

1 comment:

  1. As you post more about the house and your plans it would help to have pictures of the property and a general sense of the "lay of the land" so as to give appropriate comments. It would also be good to know your "vision" for your property.

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