Holy cow! Excellent!
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Holy cow! Excellent!
So 9 showings today with a full price offer from out of town people that saw it online. I have 6 showings scheduled for tomorrow and 5 on Sunday. We have another offer coming in. My realtor expects a bidding war in the next day or two.
Dang.
We have had a lot of cash buyers locally so really hoping for one because then I could close in 2 weeks. I would definitely take less money to get it done faster. My realtor thinks it’s a real possibility.
Hooray!
This is great news!
Wow, TT. Good luck in getting the deal you want!
So 12 showings yesterday and 11 today. We review offers at 5. One agent asked if 400 would do it which is 30 over asking. We have 2 coming in later today. Very excited!
Wow, this is working out better for you. Looking forward to your good news
Wow!! Man, that's great, Terry!
So we had 3 offers and took the one for 400k and the buyers have 80k to put down. This should easily close. Very relieved that it’s over.
Hooray, that's wondeful!!!
Good news. That was very quick.
Congratulations, TT.
Great, TT!!! Congrats!
EXCELLENT:cool:
Once again, the unplanned delay actually benefitted you. When is the expected closing for this house deal?
Dizzying speed--condo here you come!
The house closes on the 16th. The condo owner was going to put it back on the market if it wasn’t in contract this week. When my ex was buying the house I was having to take his half of the crypto currency for the 25k he was short. Now I will have it in cash plus my half of the crypto. It could have ended up more or less depending on what happens.
Attachment 3708So my artist friend painted this piano bench to sell and I bought it from her. She used the pink we were going to use on my dresser and said it was pepto-bismol pink:)). She then put green over it so it’s a combo of pink and green. I love it and may have my dresser the same because this will be in my bedroom. As a artist she tries something and if it doesn’t look good she changes it.
Love that bench!
It’s interesting that nothing has gone smoothly in my quest to sell this house. The inspection came back noting a ton of electrical problems and someone before us dig out a partial basement and may have made the foundation unsafe. They paid top dollar for a house that they assumed was move in ready. So now we have a electrician coming and a structural engineer for estimates to remedy these issues. Luckily they love the house and still want to buy it. So the price of the repairs will need to be subtracted from the cost of the house. They can handle repairs after closing. Needless to say I would have been money ahead if my ex could have bought the house.
Had a big moving sale the past 2 days and got rid of tons of stuff and made 500. I sold everything cheap and had very little at the end. We have a huge trailer full of stuff for the dump that I put there. Still a lot of stuff left and tomorrow we are having a talk about he sorts way too slow and is going to have to let me help him sort with guidelines he gives me. I am really pissed off that my stuff has been packed for months and his stuff has become my problem. His son won’t help although his dad has been helping him remodel his entire house. I am exhausted and my entire body hurts all the time. Ugh!
Sorry to hear about the issues! Slow packers drive me nuts!
Oh dear. Hope that it gets resolved quickly.
TT, I'm so sorry that things are not going as smoothly as they probably should. Hugs to you and I hope you get a chance for some rest soon.
He has developed a hoarding issue and without me helping, directing and supervising it won’t get done, the buyers will refuse to close and I will lose my condo. The owners didn’t plan on waiting 2 months which they have. They won’t be nice a second time in a very hot market.
Terry, it all sucks. I get it. Just this morning I got a text from my son who is buying our house. We gave him a below-market price so we could sell "as is" to him specifically and he sent me a picture of drywall issues in the ceiling in the garage. He prefaced it by saying "I know as-is is as-is, BUT..."
As for the stuff, yes, it is physically and emotionally draining to get rid of stuff. Just consider that you are ALMOST there. This is the last mile and soon you can put it all behind you.
Only the junk not our furniture and household items. They saw a giant shed as big as a trailer, garage and partial dirt basement full of crap and want it gone. They are concerned about inheriting it.
Granted we've been here, in our 4th house, for over 25 years but my previous closings usually involved 30 days to occupancy. I just can't imagine anyone moving out of their house prior to closing or any contingency that closing would not occur unless items are removed prior to closing date. I continue to find it odd.
Closing is CLOSING! The money is transferred to the seller. The property title is transferred to the buyer. The seller's mortgage is paid off and the buyer's mortgage is activated. The seller gives the buyer the keys. Hasta la vista, baby! The seller is supposed to be out of the house before the closing takes place unless there is a specific separate agreement to the contrary.
What people do in various places (aka "customary practices" https://dictionary.thelaw.com/customary-practice/ ) may be different and may include giving the seller a few hours to load up and move. But legally, once you do the closing the house and everything in it belongs to the buyer unless you have an agreement to the contrary.
Quoting From https://listwithclever.com/real-esta...losing-5-faqs/"At the closing table they hand over the keys to your home and it’s officially yours. However, if the seller is not completely moved out, they may want to negotiate for a bit more time. A use and occupancy agreement should be completed before closing to specify how much additional time the seller has to finish moving out. Of course, you are eager to move and may have your own move-out situation, so be sure to negotiate for what you truly need. You should consider protecting yourself by charging a per diem or having other financial incentives for the seller to finalize the move."
And a sheetload more on the subject: https://www.google.com/search?channe...+after+closing
Without a written agreement to the contrary, the seller should be out before closing and no longer have any keys to the house. For the half-dozen houses I've bought and sold, that's always meant the seller (me or them) has already moved or has all their stuff loaded on a YallHaul truck before the closing papers are signed. Your local customs may vary, but if you're dealing with me, I make sure you understand that I'm going to drop by on my way to the closing to give the empty house a quick final walk through.
Exactly, GP! The walk-through means that everything is clear for the smooth transition from one owner to the other. Why would you need 30 days to occupy?? In this day and age, time and tide wait for no man nor for dragged out closings.
Are you sure you're not thinking about the time between signing the contract and the actual closing date? 30 days used to be standard for that so inspections could be done, moving arranged, etc.
If you bought a house, would you really want the potential liabilities that would arise by you letting someone else continue to live in the house for even a few hours after the actual closing? What if they get hurt moving their furniture or trip on something and sue you because the homeowner's insurance policy is now in your name? What if they cook lunch, screw up somehow, and set the kitchen on fire? (Remember, you own it and your insurance will get dinged for the damages!)
Of course I do not know how extensive is this drywall problem, but I am thinking to myself about your son “ Suck it Up Buttercup, You are a homeowner now. Deal. And let this be the least of your property problems.”
He will be fine! It will all come out ok,just stand firm with your deal as you made it.
It is typical here that a walk thru of the property the day before or day of closing is a final eyeballing of the premises to make sure nothing of substance has changed.On closing, when I hand over the check (absent a rental agreement) the property is mine and I do not want the previous occupant’s junk there. If craploads of stuff is there I would refuse to hand over the agreed upon money and would subtract costs of removing stuff.
in my neighborhood with so many of my friends recently leaving, we’ve been involved in several last-minute negotiations with new owners about stuff that is left behind. DH and his truck came in handy. With the new owner’s permission and acceptance, certain items can be left.
The owners of our Hermann house left small cabinets in the basement which we found useful in the kitchen. We did a rent back agreement to them for about 10 days after closing and my one concern was I wanted an actual rental agreement in place and I didn’t care how much money we got from it but the agreement was in my mind a mechanism to get them out of the house if I had to do an eviction. They were very nice people and didn’t cause any trouble at all, cleaned the place thoroughly and left on time.