So this past weekend I returned to my hometown to visit some friends and family, and check out some properties. Turns out I am not a window shopper. I am now in escrow on a 3 bedroom 2.5 bath ranch home. Here is how that happened.
The night before I drove out, I found out that all of the properties that I wanted to view now had accepted contracts on them. After looking into the market more, we were still able to put a list of properties together to view. Going into this, my plan was to buy one property there that would be great rehab project to resell.
Well what it pretty much came down to is I think I was in the right place at the right time. Again. lol
After being listed on Thursday this property received 2 offers on Friday. I was able to view the property on Saturday before either offer had been accepted. Initial, as stated before, this was not the type of property that I was looking for. After some additional thought and a quick CMA, I decided to throw my hat in the ring. Not knowing the market, I felt like this was a very conservative with my offer. But turns out, in a more depressed market CASH IS KING. In the end, there were 3 offers up for consideration and my was chosen, and no I was not the highest offer.
I am looking forward to moving into the new market. I love these new experiences and challenges. That is what keeps me going. You have to love what you do, or you will never be able to bring passion to it.
Ill get the before and after pictures up later.
Adam.
www.qca-mls.com
Wednesday, March 24, 2010
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