Back to the remodel…71 large boxes of flooring, 8 large rolls of underpayment and trim pieces came in a big truck today. Only had one guy on hand to unload into the house. Those dang boxes weigh 53 lbs each!! What a workout.
“What is it with these guys??. You’d think they would jump at the chance to represent both the buyer and seller.”
cb- my hubby is a broker, and I’m assuming you are offering a low ball offer.
RE agents are not generally enthusiastic about all the work involved in writing up offers that are not likely to be accepted.
100% of 0 still = 0.
Agree about low ball offer. I was honest about offer price and he encouraged me to hang in there. He thinks my offer is in the ball park. He doesn’t have any better offers in hand except the inspection contingency offers. Many other agents are honest with me and explain the higher offers they have. I would hope he’s not stringing me along
@coralbrook, I think your Rep as an honest and reputable buyer are known and spreading in your community. If it’s meant to be, you will get it–otherwise something better will appear as it always does.
Boy I just found one that screams, “CB!! Come to WA and remodel me!”
What a disaster…
I just don’t understand how people cannot clear out the clutter in their homes before they list a house for sale. They are doing themselves such an injustice. That house is dark and dingy. The dark photos don’t help.
Is that a good price for the property? Would it be a good flip candidate in that neighborhood?
FLIP #7
My offer is written up and I have made the terms very attractive for the Seller. I also wrote a nice cover letter and offered to provide photos of my recent projects. To help support my offer, I provided three of the most similar comparable properties that have sold with the same type of issues (garage under house, exterior stairs to front door) and did detailed adjustments to validate my offer.
The offer expires on Monday 5pm but I doubt if anyone will pay attention to that.
There’s even a guy walking around in picture #4!
CB, unless there is something really, really bad zoning-wise, the house will sell for more than ask. That is a good price for a teardown in that area, and that’s why there was zero effort to declutter before taking photos. The older, dated Island homes usually command prices of $1M and above. We looked at one home during an open house when we were checking out a new development in the area for remodel ideas. That open house was in horrid shape, had an unpermitted apartment in the garage, was located next to a park and ride and the freeway (noise and commuters blocking driveway!), and it sold for more than ask in a couple of days.
Well, we’ll see, won’t we.
Fingers crossed, CB!
It does look like they covered up some clutter on the counter with a sheet!
I don’t even want to guess what was so hideous they had to throw a sheet over it
My carpenter is back from 1 week vacation so we are going to move fast this week.
Flooring crew is here to put in new laminate floors. It’s going to be a mess of moving things around in stages because we don’t have a garage to store everything. I’ve learned my lesson. Not doing any more jobs where there isn’t any storage space for tools and materials
New toilet went in this morning. Hope the gorillas don’t break it with a hammer somehow. Its happened twice over the years.
And the kitchen cabinet boxes will get set into place today so flooring can get installed tomorrow
Flip #7
No word from agent on the offer. Im not sure whether he even presented it to Seller. My biggest concern is he is using my offer to balance against other investors. He has represented other investors in the Pt Loma area several times.
A trick is to gather several offers in the low range and then prepare one slightly higher for your client and show Seller that that one is highest offer
That’s beyond slimy!
Meanwhile, our saga continues with the realtor of the owners of the house we are trying to buy is making everything possible to prevent us from looking at the house prior to closing. Hmmm…
Wow, checked the photos. That is a lot of flooring boxes to move around!!! Talk about playing flooring Tetris! Eeek.
Flooring is only half the problrm. There are tools and materials everywhere. Not to mention big appliances stashed in the closets that have to be moved out
I just loaded some new photos. Front door is painted with a cute Catalina Coast blue color (doesn’t show well in photos). All of our walls are painted, including the fireplace accent wall which I painted a darker grey/teal color so that the fireplace surround would ‘pop’. Flooring is down in the front bedroom and hallway. My laborer had to spend at least 2 hours moving everything out of closets and then back/forth between bedrooms to get the flooring installed.
We are in a rush to get all the kitchen cabinets leveled, shimmed and set into place so that the flooring can continue into kitchen. Who knows how in the world we are going to get the giant pile of flooring out of the big family room in order to install in that room. Hopefully the pile will dwindle down before they get to that room. Lots of jockeying of stuff.
Flip #7
I had to spend at least 4 phone calls yesterday just trying to track down and speak to the listing agent. Finally got him on the phone and he told me that he was having a meeting with the Sellers (two sisters) yesterday afternoon. There are 5 offers for the property. Some of them have inspection contingencies which they will probably not entertain because that means that the investors (who have never even seen the property) will do an inspection and then come back asking for large credits for the condition of the property. These are usually wholesalers who will get the property into contract sight unseen, then shop it around to investors to go do an inspection and name their price.
I believe there is one other investor who has inspected the property and submitted an offer. His offer is significantly higher than mine ($100k). Spent a lot of time with my agent on the phone trying to run the numbers but I don’t think I can raise my offer that much. That investor either sees a higher asking price than I do when it gets fixed up, or is not going to spend the same amount of money I need to get it fixed up OR erroneously thinks this property is going to get some crazy $2 million number in the future (most likely this is the case). Good luck
But, the thing that I find most irritating is that I have not received any call or email from the agent with any kind of update. If he met with the Sellers yesterday he should at least give me a courtesy call (since he is representing me in the offer) with a status update. What the hey???