One Mortgage is Better Than Two

The old house has sold! Or, at least, it’s under contract. An offer came in last weekend, but it was way low (considerably below the break-even point). So we countered a lot higher. I expected them to take a pass on it, since this is definitely a buyer’s market, and homebuyers have the pick of the litter, as it were. Not only that, but there were other houses in our neighborhood that were selling for lower than ours, and also new houses going up in the neighborhood that were less expensive.

But somehow, regardless of all of that, they accepted the counteroffer, and within the next 7 days or so they’ll have an inspection done. Anything found on the inspection will need to be taken care of, but pending that, we’ll sign over the house on March 4th.

Now what we need to do is have a bunch of friends over to the old house on the day of closing, and have a big drunken party after the buyers have done their final walkthrough. So when they come to their new home, they will have the added bonus of rooms full of empty booze bottles.  A “welcome home” gift, if you will.



One Comment to “One Mortgage is Better Than Two”
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