Friday, May 9, 2025

Can This Web Be Woven into a Rich Tapestry?

You may recall that we recently renewed our efforts to divide the Double Hovel flip house property. Hick talked to our lawyer last Tuesday to get the process started, and see if we can get a new hearing with the city.

The Universe issued a hearty laugh, and Even Steven snickered. This Tuesday, Hick got a call from Realtor with an offer on the Double Hovel.

This offer was of course not the asking price, but it was a reasonable offer, unlike the previous two that were from investors trying to get a quick bargain. (The very NERVE of them, heh, heh!)

Hick said we should take this offer and be done with it. I said that nobody expects their first offer to be accepted, and that they make their offer with wiggle room to negotiate. Hick pointed out that these prospective buyers had already been approved for a loan, and we should take that offer and run. Again, I wanted a tiny bit more. Enough to cover the lawyer fees for this new attempt to divide the properties. It's not a lot more. It shouldn't be a deal-breaker. 

Since we are a triumvirate, the decision was left to The Pony. Who didn't really care either way. Hick, being experienced with how my hard head works, agreed to counter-offer with my figure. He sent it by text to Realtor at 7:00 a.m. on Wednesday. By 2:00, the prospective buyers had accepted our counter-offer. The Double Hovel is officially under contract!

The prospective buyers are making no demands, asking for no inspections or fees. In my opinion, they know they are getting a bargain! I don't begrudge them that. We will still enjoy a healthy return on our investment money and the sweat of Hick's brow.

The only stipulation is that their purchase depends on the sale of their current house. That's not uncommon. If we receive another offer while waiting for their property to sell, they will have 72 hours to poo or get their rumpuses off the throne (so to speak).

We are cautiously optimistic. 

As for that web, it is being woven into more of a tangle with this contract. We cannot split the property, even if granted such a variance, because it would affect the current proposed deal. Hick is afraid to stop proceedings, lest this deal fall through. He says nothing will be legal anyway until we would get the variance, and have the property surveyed and recorded at the county courthouse. I say maybe we should have Lawyer set our case aside for now, while we see what develops.

You didn't really think this story would end here, did you? More tomorrow...

6 comments:

  1. OH my gosh, I was thinking yay, yay, yay and agreed with you on asking the lawyer to hold on the case until you knew this deal was a done deal. That is until I read your last sentence:)

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    1. Hold onto your yays! The rest of the story (so far!) is coming.

      Hick was planning to walk down the street to Lawyer's office after his Thursday lunch of noodle/chicken-something at the Senior Center. I haven't heard the details of that yet, because Hick got home 3 hours late after going to buy four storage tubs of knives with his buddy the comic book collector. Seems like everything with Hick can become a tangled web!

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  2. Congrats on the sale. Hopefully everything works out.

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  3. I do see a possible tangle or two and hope the buyers get their house sold so this sale can go through, then everything is done and dusted.

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    1. What a time to get an offer, right after starting the legal process to try and divide the property!

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