On the way to town Wednesday, I met Hick in SilverRedO in front of the BARn field. He stopped and said the realtor had called him with an offer on the Double Hovel flip house(s).
"It was [71 percent of the asking price]. Realtor said they supposedly had a government loan, which was odd because those don't loan money on two houses. She hadn't seen the actual paperwork. Another realtor showed the house, and called with the offer. Realtor asked if I wanted to give a counter-offer, and I said no. That's too far from the asking price."
"Yeah. It might work for somebody who has money tied up in payments for it. We're in no hurry. It's only costing us about $50 a month total, for electricity and water."
I called The Pony with that news. The Pony agreed that the offer was too low. And was pleased, as I was, because now we know that people are actually asking for a walk-through of the Double Hovel. Somebody will want it. We both think it will be an investor planning to rent both houses.
Realtor called Hick later in the evening, and said that after reviewing the paperwork, the prospective buyer didn't have a valid loan, because the Double Hovel does not qualify for that type of loan. So there's that. But at least our little pigs were desired by somebody enough that they went through the motions.
Hang in there Val. I know a worthwhile offer will come in soon:)
ReplyDeleteI figure three months is a decent time to let it sit, before thinking about a price change. It's not like giving away puppies outside of Walmart. Real estate takes a while to move.
DeleteLooking and offering are at least good signs. Maybe something will go through.
ReplyDeleteYes. I'm happy there have been viewings. The gate was closed again when I went by Thursday. People can get a better sense of what they houses have to offer when they walk through.
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