I just closed on this cute home for a seller located at 640 E 1300 N in Ogden.
We listed this 4 bed 2 bath home in early April for $172,900. We immediately received an offer and placed the home under contract. This particular home saw a significant renovation prior to being put on the market. The buyer discovered a couple items that needed remedied and instead of waiting for the repairs, they had to excuse themselves from the transaction.
The sellers went about fixing the issues the first buyer discovered. We increased the list price to $174,900 and immediately received another offer. Everything was running very smoothly until closing day. On the day of closing the neighborhood was inundated with a major rain storm. The month saw double the amount of rain we usually see in May. It just so happened that on this day the water table rose above the footings of the basement foundation. The basement was flooded.
The buyer was very shocked and wanted to excuse themselves from the transaction. Fortunately, we were able to assuage their grief and keep them on board. It took an additional 10 days to cure the problems but some exterior sump pumps, new carpet, and some new baseboards made everything better. Such is life. We closed at a sale price of $170,900 and the seller contributed $5,127 in closing costs for the buyer using an FHA loan.
If you have a property that you want to sell and you need an agent that can professionally handle any situation, no matter how difficult or surprising, CONTACT ME, and lets make sure you real estate experience is a good one.
No comments:
Post a Comment