Jun
3
Thank You, Trend-Defying Austin Real Estate Market
June 3, 2007 |
Met with our realtor yesterday and signed and initialed all the dotted lines, as far as agreeing to the juiciest contract we got. Apparently two couples ended up being very interested in the Austin house, with the final offer from each coming in at about $3,000 over our listing price, but one was willing to close in two weeks (as opposed to mid July), so that’s the one we’re going with.
I guess this is a good working lesson in a house being worth what someone will pay, as I was getting a little worried that our initial asking price was too high, as more homes in the neighborhood have come on the market in the last month or so, with some pretty comparable homes (at least as far as general location and square footage) listed and still available at $10,000-$15,000 below our listing price. I was also a bit worried by the fact that we had one of the nicer homes on the block, but again, I guess there are times that can work in your favor, despite that not being optimal in many ways.
I imagine we’ll end up coming down a bit after the inspection, as there’s a few things that’ll likely pop up, like the fact I never got around to putting closet doors back up in the bedrooms, and a few other odds and ends, but likely not by much, as they seem like pretty eager buyers and they know there was at least another strong offer out there, to the last minute flurry of bids back and forth. Assuming all goes off as planned, we’ll be closing on June 19th, which is pretty nice timing as my wife and I are scheduled to fly out to Vegas for vacation a few days after that.
