I showed properties yesterday to a client who is looking to stay under $150,000. That would have been near impossible to find in days gone by but we were able to find several to look at. We have previously submitted an offer on a property that has subsequently been foreclosed on and the offer was rejected.
Back to the drawing board. Yesterday we saw 4 decent homes. They all had good space and were in various levels of "needing TLC", however, none was in horrendous shape. Two were bank owned and two were short sales.
We get to property #4 and from the minute we opened the door I knew she was in love. It was easy to see why. This home was move-in ready - no work needed. It had plenty of space for her and was still well within her budget.
We agreed to meet today to get the offer done so that she would get a chance to talk to her lender and finalize some things today.
Of course, as luck would have it, this is one of the shortsales. Yesterday when I checked there were already 2 offers on the property.
Currently there are 2 additional offers that have been submitted since yesterday.
We are preparing her offer right now. Hers will be the fifth registered offer on this property.
Now we just have to hunker down and wait 5 years for the bank to let us know which of the 5 (if any) they are going to accept.
Wish us luck!
By the way, did I mention that this is my first client who came about because of my activerain position in Upper Marlboro?
UPDATE: There are now 6 offers. Should be fun!
If you or someone you know would like information about buying, selling, or renting a home in Prince George's, Montgomery, Charles, Calvert, Anne Arundel, Howard, and/or Baltimore Counties please contact Dr. Stacey-Ann Baugh of Century 21 New Millennium.
Dr. Stacey-Ann Baugh
Century 21 New Millennium
FINALLY! A DOCTOR WHO MAKES HOUSE-CALLS!
Information deemed reliable but not guaranteed!