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count down begins

June 22nd, 2015 at 07:11 pm

We accepted the offer on our spec house from the young couple that has been wanting it for several months.
I lowereed the price by $20,000a and agreed to pay their $7000 in closing costs. We weill be losing money on the house after we pay the real estate commission, but we just wanted to be rid of the house and the lawn upkeep. (It is also next door to the couple that made our lives miserable this past year, and I would do anything to get away from them.)

Now, we have to wait 21 days for due diligence (whatever that is) to see if the mortgage and other requirements (appraisal, inspection, etc.) go thru.
I am adding $1 for the first day, $2 for the second day and so on, until we know that the house sale is definate. That is one way to spice up my $20 challenge. The balance as of today is $9209.00.

4 Responses to “count down begins”

  1. creditcardfree Says:
    1434999256

    I know it is disappointing to sell for less, but it sounds like it was time to move on for multiple reasons. May the next home be for more than you expect! Smile

  2. rob62521 Says:
    1435008979

    Wow, what a hassle you have had, but hope everything works out and you get the house sold.

  3. FrugalTexan75 Says:
    1435021453

    I hope the sale goes through!

  4. VS_ozgirl Says:
    1435045472

    Good luck, hope everything works out!

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