Wednesday, April 18, 2007

Sold!

Yesterday afternoon Jen and I got some bad news. The potential buyer wasn't budging on price and had decided not to respond to our latest counter-offer. Our Realtor said that she was looking for a deal and could see that we weren't interested in giving it to her. Oh well.

Well, apparently after thinking it over she decided to change her mind. This morning we received a final offer from her at our last requested price, just $1400 under our asking price. We were hoping for $1000 under, but given the market condition right now I think we did pretty well. Especially since it only took two weeks to sell.

The only negative right now is that she wants to close and take possession on the same day, May 21. That means we have to be out of the house before closing, which is annoying. In the worst case she could back out of closing and we'd be stuck with two houses. But she is starting residency not to long after that and so would probably not do that. Plus, she'd lose her earnest money. So no worries really.

So assuming the inspection goes okay it looks like we're sold! Now we just have to find a house as fast as possible. (or we can just get temporary housing for a little while)

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