Monday, July 28, 2008

The Cologne House Has An Offer

Finally we got an offer, we dropped the price again knowing we'd most likely break even or loose money. But we are happy that it's out of our hands in this kind of market. It could have been a lot worse, so we'll lose a some money on this one. That's okay, we just took a very expensive Flipping 101 class that's all. Next time in a year or so when the market is better we'll try again, Jeff really wants this to work out, he loves doing it. So now it will be all the inspections and hopefully they won't want too much fixed, it's practically a new house except for the troublesome old basement. We feel like a weight's been lifted with the offer, it all started out great then kind of spiraled, we had an electrical set back then when we put it on the market, we had all that rain here and it started causing hydrostatic pressure in the basement so there were some puddles when we were first getting showings so that was the number one complaint other than that we had great comments on the house. We fixed that issue for the most part and no showings, so 2 price drops later and we have an offer and can finally breathe again.

1 comment:

Anonymous said...

Hey Dede
I pray for everything goes through
well.
JO