I just closed on the sale of this listing with a client:
We listed this property the last week in June for $144,900. The property had been recently renovated from top to bottom and included granite counter tops, three new bathrooms and a more open floorplan. Previously, the home sat vacant for many years while waiting for much needed improvements. The improvements arrived, the home was marketed, and we began to get showings.
After marketing the property for a couple weeks it became apparent that we were priced a bit too high. We dropped the price to $139,900 to entice some more buyers. A couple months passed as we received a moderate amount of showings. Then, after Labor Day, we began to see increased activity. We received an offer that my seller accepted but the buyers were unfamiliar with old historic homes and were uncomfortable owning a home with a rock foundation. After the first buyers cancelled their contract, I was approached by some other buyers interested in the property. A week after the cancellation, we had a new offer of $136,000 submitted to the seller with the request that the seller pay $4,800 in closing costs.
The seller accepted this offer. The buyers also used a $5,000 Own In Ogden grant to help facilitate the purchase. The contract period was uneventful. There were some minor nip and tuck repairs that needed to occur. Once those were finished, my clients concluded the transaction very swiftly.
Congratulations to both my buyers and sellers!
If you are looking to sell your home, or perhaps you are looking to upgrade to a your next home, CONTACT ME, and lets make your next real estate experience a great one.