Tuesday, February 26, 2008
Update on the House
The 30 day waiting period that the Probate Court enforces will be up next Monday. My intention at this point is to have my offer & earnest money ready & in the family's hands Monday. They go to meet with their lawyer then & I think things will move much more quickly if they have my offer in hand that day. At this point, the only thing I'm unsure about it what to offer them. The asking price is quite reasonable & there are two things that need to be fixed at the property. The seller should be responsible for those repairs. My reasoning is that since 13 family members have to OK the sale & there are repairs that need to be made, perhaps my best course of action would be to offer their asking price. As far as I know, no one else is interested in the property so that kind of works in my favor, but I don't want to step on any toes by demanding repairs & then hacking at their price. I go back and forth on it - it's still very much a matter of prayer. I'm not really savvy when it comes to real estate, let me tell you. It leaves me feeling more than a little ignorant. If you have any tips or advice, let me know!