Wednesday, May 07, 2008

Housing Update

Old House: The number of showings has started to slow down, we have only had two this week. We had an offer last week but it was a bad offer. The lady was a first time home buyer (with a brand new real estate agent) who basically wanted a brand new house. She must not have noticed that our house is over 60 years old. So not only did she low ball the offer, but then wanted us to:
  1. Replace the chainlink fence with a 6 foot privacey fence
  2. Strip the wall paper in the dining room that the previous owners had painted over
  3. Put new door locks and hardware on the front door
  4. Move the washer and dryer from the built-in nook in the kitchen out to the garage (which isn't heated). This would involve running hot/cold water and a drain out there
  5. Pay all her prepaids
  6. Remove the popcorn ceilings in 4 rooms in the house
We figured that even if we had done all these things she would have found many other things that she would wanted replaced during a home inspection. So we countered her offer with full asking price plus we would give her $6000 towards repairs. She never submitted a counter offer. I feel good about it because I didn't want the house under contract with her and off the market when I knew it would all fall apart anyway.

New House: Things are moving all swimmingly at our house in Michigan. We got a call last week from out real estate agent that he had driven by the house and they were in the process of tearing up all the concrete that had been laid. Apparently the concrete guys didn't like how the drive way, sidewalk and front walk had cured so they were doing it over again.

Our agent also sent us some photos of the yard after they had graded it and the landscape plans. They are putting in the sprinkler system and starting on the landscaping this week.

3 comments:

boxcatav said...

sweet gravy! if there's that much wrong with the house [in her mind] why would she even put in an offer?

Jon said...

Because she was a douche bag.

rudi said...

It's a buyer's market Jon, I think you should honor her simple requests and sell while you are still ahead.