Wow, I've been busy since the Vegas trip. Had a blast with the Hubby, we got kicked out of Margaritaville! We didn't work as much as we thought we would but we lived large and vowed to do that again at least once a year.
On the way to the airport to catch the plane to Vegas right after Thanksgiving, we went to look at 5 houses in a lightning round of speed shopping. Two of the houses looked great , one might have been too pricey so I made an offer on one. On the ride back from Vegas, the bank asked for highest and best, I bumped it up just a tad, and BAM, fish on! Woo Hoo! I found out later, I was 1k less than the other cash offers????
I went to my bank to get a cashier's check for 2500. I ordered the appraisal and an inspection. $375 each, The inspection found some issues with the gas meter and the wiring and structure stuff. My numbers didn't make sense at this point but I didn't want to lose my $800.00 in inspection fees, so I asked for a 10k price reduction. The bank (US Bank) said ok, so we are a go.......supposed to close anytime from now 'till the end of the month. The bank is ready.....I am hoping it all jels together. It will be a true test of my patience. I'm trying to just let it all calmly happen. Meanwhile, the listing agent's hair is on fire, "close now, close now!" My agent is freakin', "we are out of contract, someone else is gonna get it!!" OHHHH NOOOO :o I so badly want to join in the panic. ....must remain calm. Meanwhile, I can't sleep, I'm feeling sick, It's all I think about, but I look and sound really calm. Someday this will be funny, maybe. Stress wise, it MUST get easier. If not, I don't think I could handle more than 3 of these a month. I could, but my family couldn't.
I'm just going to keep busy and stay in control of it without babysitting the deal, does that make sense? Anyway, I'm putting an offer in on a mold house and a short sale. I want 3 a month for now. Hopefully, that is in allignment with what my money partner wants....I'm about to find out :)
The particulars on the house are: 1940's house in another county 1 1/2 hours from my home. At one time this area was number one in the nation for foreclosures. It's a rehab. I will be camping out there regularly 'till it's done. I will be taking lots of pretty pictures too.
More later.....there just hasn't been time!
5 Steps to the Right Short Sale Offer
5 days ago