We verbally have accepted an offer on the house. Barring any unforeseen circumstances (and I keep knocking on wood for this), we should get all of the paperwork done today and officially be in escrow before the day is over. The price we got is only $5,000 short of the top-end of the range we set, so we’re pretty happy with that. Of course, we keep discovering these niggling little fees that eat away at the profit margin with which we will finish. One piece of advice, and this is so simple that I am amazed I didn’t do it, when you are interviewing a real estate agent, make then show you, on paper, the fees that will accompany the sale. Don’t get me wrong, it’s not like we’re getting slammed, but it’s stupid little things for which we are responsible…especially as this market shifts from a sellers market to a buyers market.
I’ve also found it particularly difficult to be separated from Cristina and to try to discuss offers in an effective, non-combative way. Cristina and I are both intelligent, fairly assertive, sometimes stubborn folks. More often than not, we have to be negotiated off of our position rather than be talked into a position. In this case, I found myself in the unenviable position of having to talk Cristina into seeing these offers as legitimate responses that needed a fairly quick turnaround one way or another. I can think of better ways to spend a day. 😉 Being separated by 961 miles and having to do it over the phone only complicates matters. Thankfully, we worked through it with only mild bloodshed, and I will sign the contract at 11am this morning.
Let’s hope that escrow goes smoothly.