Old Stone House

Almost Sold?!

July 3, 2008

Filed under: Day to Day @ 9:12 am

I mentioned in my last post that a couple had booked a private showing – they visited the house and loved it!  So much so, they booked another showing an hour later, and the next morning we had an offer.  After much negotiation we agreed on a price – about 4% less then the list price – but with excellent conditions.  The couple has agreed to a 30 day close, they have no condition of finance or sale, and only want a home inspection – booked for today at 9:00am.

From what we can tell, this couple is very excited about the house. The booked a building inspector before we had even reviewed the offer.  Likewise, they made humble requests for leftover paint and would like to offer a private deal for some of our furniture. We are delighted!

It would be premature for us to start celebrating quite yet – as the house is not sold until the deal is closed.  However, everything suggests that this deal will finalize today.

With regards to the home inspection: this could go either way.  On the one hand, the house should pass with flying colours. The house is dry, strong, and every utility has been upgraded to code – including electrical, HVAC and plumbing. On the other hand, old houses need maintenance – windows need to be painted/replaced, the front porch should be restored, and there is just those little things a conscientious homeowner should be taking care of in order to maintain the value, beauty and functionality.  This house is no different then any other house – new or old – however we worry that if this eager couple has never owned an old home, or isn’t prepared to dedicate a portion of their time to maintenance, they may conclude that this house is too much work, or isn’t in good repair.  The home inspection should prove their mettle.

So, we wait with bated breath… Fingers crossed!

4 Comments »

  1. Crossing my fingers for you and hoping that the sale will go through. Good luck!

    Comment by Nicole — July 3, 2008 @ 10:00 am

  2. Dare I ask what is to become of this space once the house has changed hands?

    Comment by Colin — July 3, 2008 @ 10:24 am

  3. Thanks Nicole! Here’s hoping!

    Colin – Methinks this site will remain, but under a new name – branthouse.ca perhaps?

    Comment by Oldstonehouse — July 3, 2008 @ 11:35 am

  4. Good luck! I’m crossing my fingers for you.

    Comment by Jennifer — July 3, 2008 @ 2:08 pm

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