And for $13,000 over our asking price. Big thanks to our agent, Andrew Harvey, for putting in all the hard work.
I gotta say, I was worried for a while. After the first open last Tuesday (12th October), when he said all 6 groups who came through said it was too expensive, I was wondering if we'd have to drop the price. But the agent said he was quietly confident (his words) that we'd get more buyers on Saturday.
Sunday afternoon, he contacted me and said he hadn't had any offers yet, but that he knew at least two were very interested, so he was going to follow up with them and let me know.
Later Sunday night, he messaged me saying we had an offer for $10k over asking price, and had to decide whether to take a 45 day settlement with a rent back option of $250/week, or a 60 day settlement without that. After discussing it a bit, we asked if we could go for the 45 day settlement, and then have the option to extend it if we didn't find anything in time.
He messaged back the next day asking if a 60 day settlement was ok, with two optional 30 day extensions. We agreed to that. He finished drafting the contract and went to see the buyer that evening.
After he saw the buyer and had them sign, he came to see us, and told us he managed to get us an extra $3k. Cool! So we signed, and it's all in motion, and we're currently waiting for the 48 hour cooling off period to finish (which will be finished by the time I actually post this - we've told a few people, but won't make it public till that's all finalised).
All going well, if we can find a house in time, we'll settle on 18th December and be in a new house before Christmas. Which is what I've been hoping for all along.
So...I've done the numbers and worked out how much we can afford to spend on a new house. Although we do want to keep it lower than the max if at all possible, so that we can have a buffer in case we need to do any work in the first week (like if it's 40 degrees outside and the air conditioner dies on us....)
I've already been looking at houses, been to several opens, we've offered on 3 but got turned down. Our agent said our buyer doesn't need finance, so making offers from here on is just like having money in the bank, giving us an advantage.
This is so different to when we bought this house. Back then, this was the first and only house we offered on. The market wasn't nearly as crazy as it is now.
So now we keep house hunting, and pray that the right house at the right price comes up at the right time.
I gotta say, I was worried for a while. After the first open last Tuesday (12th October), when he said all 6 groups who came through said it was too expensive, I was wondering if we'd have to drop the price. But the agent said he was quietly confident (his words) that we'd get more buyers on Saturday.
Sunday afternoon, he contacted me and said he hadn't had any offers yet, but that he knew at least two were very interested, so he was going to follow up with them and let me know.
Later Sunday night, he messaged me saying we had an offer for $10k over asking price, and had to decide whether to take a 45 day settlement with a rent back option of $250/week, or a 60 day settlement without that. After discussing it a bit, we asked if we could go for the 45 day settlement, and then have the option to extend it if we didn't find anything in time.
He messaged back the next day asking if a 60 day settlement was ok, with two optional 30 day extensions. We agreed to that. He finished drafting the contract and went to see the buyer that evening.
After he saw the buyer and had them sign, he came to see us, and told us he managed to get us an extra $3k. Cool! So we signed, and it's all in motion, and we're currently waiting for the 48 hour cooling off period to finish (which will be finished by the time I actually post this - we've told a few people, but won't make it public till that's all finalised).
All going well, if we can find a house in time, we'll settle on 18th December and be in a new house before Christmas. Which is what I've been hoping for all along.
So...I've done the numbers and worked out how much we can afford to spend on a new house. Although we do want to keep it lower than the max if at all possible, so that we can have a buffer in case we need to do any work in the first week (like if it's 40 degrees outside and the air conditioner dies on us....)
I've already been looking at houses, been to several opens, we've offered on 3 but got turned down. Our agent said our buyer doesn't need finance, so making offers from here on is just like having money in the bank, giving us an advantage.
This is so different to when we bought this house. Back then, this was the first and only house we offered on. The market wasn't nearly as crazy as it is now.
So now we keep house hunting, and pray that the right house at the right price comes up at the right time.
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