Yes, folks, the little house in the vinyl village is officially under contract. There was a flurry of activity toward the end of last week and over the weekend. A couple who had come to see it wanted a second showing on Thursday and the realtor was certain they were going to make an offer. Then, on Friday, another realtor brought another couple by. That second couple wrote an offer Saturday evening. Meanwhile, a THIRD set of lookers scheduled a viewing for Sunday afternoon.
For a few hours, I thought I might have multiple offers to weed through, but ultimately had only one. And it was an OK offer to start with. They offered $6,500 less than asking, and also wanted closing costs paid and a warranty provided. We countered back at full asking and refused to foot the bill for the warranty, but agreed to pay their closing costs. They offered again at $3,500 below asking and threw the warranty back in, and we made a fair and final counter of $1,500 below asking, no warranty, and paying closing costs. And they took it!
Now, if you remember when I bought my car, you know I will squeeze every dime I can get out of a deal. And so while it might seem silly to go back and forth for a few grand, I would rather I got that money than the new owners did. And so I turned to the internet. In a few seconds, I found the wife’s Facebook account. I found out they wanted to live closer to town. I knew that their old house was sold and set to close March 19th. I knew that they’d put in another offer on another house the first week of February and it didn’t work out. So I knew that they were coming down to the wire and I smelled money.
Then I looked up the listing for their existing house. Their taste seems very similar to mine, they had used similar colors, they have the exact sofa I have, so I figured they probably LOVED my house and considered it move-in ready for themselves. So, in the end I wished I’d gotten more, but considering that I sold a house bought at the height of the housing bubble for MORE than I paid for it, relatively quickly, I count myself lucky. Now, just keeping my fingers crossed that everything goes smoothly until closing!