JUST SOLD! Updated Split-Entry Homestead

I recently closed on purchase of this home with some buyers.

Located in northern Ogden in the Mountain Road Estate subdivision, this home had a complete interior remodel done prior to it going on the market.  The home was listed on March 23rd for $157,900.  We viewed the property on the 25th and the home had gone under contract at that time with another buyer.  However, we liked the home so much, we decided to place a backup offer.

Two weeks later, we received a call that the financing for the first buyer had fallen through.  We immediately refreshed our offer with the sellers and placed the home under contract for a purchase price of $155,000 and asking for $4,500 in closing costs.  Our offer was accepted.

However, during our due diligence, a closer inspection of the property revealed a few shortcomings.  One of the significant problems involved the grade of the driveway which had cracked and settled almost 4 inches in the direction of the home. We missed this point during our initial walk through because we had parked on the driveway.  Our inspector caught the problem.  A lot of concrete needed to be removed and repoured so we asked for a $3,000 reduction in price.  The seller agreed.

We closed very quickly on this home at a final sale price of $152,000.

If you are looking for your next home and want an experienced helping hand to guide you through the process successfully, CONTACT ME, and lets make sure your next buying experience is a good one.