House #16 – Under Contract

SageWell, today was a pretty good day in our world.  We finally closed escrow on House #14 today!  And we broke out of our rutt and finally got a contract accepted.  The deal is good, but not great.  It will depend on what the market does this winter.

It is a 3 bedroom, 2 bathroom house in a decent neighborhood.  We are planning to flip this one and not add it to our rental pool.  It needs quite a bout of work, our rough estimate is about $30,000 but we have not done our final budget yet.

The listing agent we bought this one from is not an agent we have worked with before, so hopefully we can start a relationship with their office too. The agent had me digitally sign the contract with a system called DocuSIGN.net.

With the phone calls we got today we are expecting to get two or three more accepted offers this week, that has us pretty excited, but it hasn’t happened yet so we can’t be sure!

Everything else is moving along…

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