Tuesday, September 29, 2009
Multiple Offers? Really?
I think we're seeing the result of the 8K closing cost credit expiring on Nov. 30th and a lack of inventory at this price point. This house does have a ton of potential. It also needs some major updating.
Since this is an estate sale, it is more complicated than a regular sale. In addition, one of the tenants has decided to excercise their first right of refusal. I did disclose this fact as potential buyers decided to make offers. It might take a couple of days for the dust to settle and for an offer to be accepted.
Stay tuned to see how it progresses!