House is SOLD! Party dance!
I hope the new owner enjoys the house and has many happy memories there with her kids.
Yay!!
Aug 272008
Aug 272008
In 30 minutes, the closing for the house will begin. I’ll be in a meeting, but it sounds like a great time to party!
I’ll post as soon as I hear that the deal was successfully closed.
So the lady who had asked about possibly leasing the house for six months talked with her father. They bought a copy of the home inspection from my agent and looked at the house this morning. Didn’t find anything wrong.
I have another offer on the house! Whee! No financing to worry about since it is a cash offer. We close next Friday.
As previously intended, I’m actually moving my stuff out of the house this weekend.
Yay!
Aug 192008
The house has had four showings in the past week. That’s great traffic — more than it had last month.
My agent called me a few minutes ago. She said a lady contacted about doing a lease with option to buy at the end of six months. My agent thought the deal sounded fishy because
- The woman initially said that she is going through a divorce and would like to buy the house in October, no make that November, no wait… December, well maybe do a six-month lease with option.
- The woman supposedly was going to have cash from the divorce and would buy the house once she had the money.
And the grand-daddy of all reasons: The woman has never seen the house. Why do you make an offer on a house without seeing the interior?
Maybe I should give this woman the benefit of the doubt. Based upon my agent’s description of the conversation, the entire situation sounded fishy because the details kept changing to have a longer time frame. When I was going through a divorce, I knew the dates involved and had made arrangements. (I was also very lucky to have an amicable situation.)
My agent and I declined the offer. We did talk about the possibility of putting the house up for lease, but I’d rather not do that. Once someone gets into a house in a lease or rent situation, it is difficult to dislodge them if something goes wrong. It can take like six months or more.
Of course there comes a point where the monthly out-go is too high and I would have to do something. If I do lease the house, I would use a leasing company. The house would probably have to be rented/leased for a few years until the market comes back up. My agent said that there is a 17 month supply of houses in Knoxville right now. With so much inventory available, people will have to drastically cut house prices to sell.
Arg.
Aug 172008
The house is supposed to be shown today. Maybe, just maybe this will be result in another offer… Four showings in one week is pretty good, considering the market right now.
Maybe I should be more optimistic. I’m trying. I really am. I’m just getting frustrated and feeling like things will never work out.
Be patient. Have faith. Everyone keeps telling me that. I am trying, really.
Aug 142008
My real estate agent just called me. The lady who was going to buy the house could not get her financing in order. She had been pre-approved. Apparently something new turned up on her credit report from the time the offer was made until now. She is going to try and get things situated but who knows what will happen…
My agent was very upset. She said the buyer came in yesterday (my agent’s birthday) with the bad news. The buyer was devastated. She loves the house. She has been talking to different mortgage brokers but none of them have been able to help her.
My agent said that she felt like someone had punched her in the gut. She mentioned that there is a 15-month supply of houses on the market in Knoxville currently. She has plenty of homes available, but no buyers.
I had really been looking forward to having this past me, of being able to afford things again. Isis will be here, at least. I won’t be able to afford half of the stuff I wanted to for her.
Hopes for graduate school? Gone. I have no idea at this point when I might be able to go.
I guess the one upside is that there has been a flurry of activity on the house this week. My agent said that she is going to talk to all of the people who have looked at the house and tell them it is available again. Maybe something will come up…
My agent and I talked about putting the house up for rent. We’re going to wait a week to see if anything pans out from all of the showings.
Until something happens, I’m stuck. I had wanted to get on with my life instead of feeling tied to the house. I care about all of my friends and I do miss them. I am just over feeling pulled in two different states.
Maybe something will come up. Hopefully. There is nothing else left to do but to hope something will happen.
Aug 132008
Yesterday after I posted here, i received another email detailing a second showing for the house. All good news, especially if something happens to the current contract. I don’t remember having this many showings mid-week for quite a while.
Maybe it means the market is picking up over all? Or maybe it’s just a fluke?
Aug 122008
The house has two more showings this week. I’m glad that it is still having showings even though there is a contract pending. It gives me hope that if something happened and this sale fell through maybe someone else would pick up the house.
In the good news category, the home inspection turned up nothing major. Yay! I was pretty sure I had corrected the issues raised by the inspection from before I bought the house.
Aug 042008
The house has another showing today. I’m glad that it’s still getting shown, even though there is an offer on it.
I haven’t heard anything new. I hope that means things are going along as they should. (And I hope so, because I’m making plans…)
Jul 252008
I still have the one offer on the house. The house is still being shown, which is good. It’s been two weeks since the last showing… and today I get a notice for two showings this afternoon at 4:00 and at 5:30. Funny how that works.
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