The house is in escrow

The offer we had on the house was sweetened without asking.  The people that had placed the offer $25k below asking price were investors.  At some point, the buyer’s lender said, "You need to only purchase 2 homes per month as part of your investment strategy instead of 5 at once"…apparently.  Good news for us since ours was one of the houses they seemed to really want.  Easy rentability, move-in ready, etc.  So, the buyer upped their offer to $10k below asking price without us asking (I was ready with the counter offer for their amount already when the phone call came.)

I was already a bit nervous about the market (see previous post) and this lifted a lot of stress from my shoulders.  We’re in escrow and actually have the option to lease back from the new owners so our moving window can be 60-90 days if we’d like.  All of this has been completed while we were out of the house on business/vacation.  The house listed the day we left…and enters escrow the day we return.  No "please exit the house so we can show it" 4x per day with 2 kids and 2 dogs.  I couldn’t have asked for a better scenario. 

Now, we will go home and liquidate, make our arrangements, and begin our Midwestern Adventure.  I love it when a plan comes together.



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