Well, today has been a good day folks...!
That couple who came thru our house in the private showing this past Thursday night called our realtor and asked for a second private showing Saturday (today) morning prior to our scheduled open house Sunday afternoon.
They came thru for their 10am to 11am private showing and were gone by 10:45... Robin and I found it a bit... hopeful... that they'd want two private showings two days apart just before a scheduled open house.
Our realtor called us a bit later. She said by 12:15 she had a signed offer in her hands from today's couple!
She brought the offer over here at 3:00. We went thru it all with her and decided to counter offer for $2000 more than the couple's initial offer. She drove back to her office and prepared the counter offer and emailed to the couple and the realtor working with them.
As soon as our realtor (Lori) left our house, I called our builder Dennis to tell him that we had an offer, and subsequent counter-offer, in the works so we could be very close to giving him the go-ahead on the new house.
During the conversation between Dennis and I some very interesting news came to light: Dennis doesn't have a home to build for the fall Parade of Homes so far this year.
(he'd been waiting on another couple to sell their current home so he could put their new home in the fall Parade, but they've had no luck selling their current home yet as it was quite a bit bigger than a "typical" home that's been selling quickly in the area).
It would be Dennis' first year in 11 years without a home to show in the Parade... (Parade showings are huge advertising opportunities for home builders as they get to showcase their entire range of abilities to a large number of possible customers)
Just an FYI here if you didn't know... Robin and I had originally been considering the idea of having our home be in the Parade in fall 2012 for many reasons (some decent upgrades and discounts are to be had by us from subcontractors for the chance for them to showcase their product and services in a Parade home, and this would be a chance for us to get a few features we wouldn't otherwise be able to afford to put into the design), but ultimately it came down to being able to come up with the cash needed to pay for the "extras" that Dennis requires in a home that he has in a Parade. Things like a driveway (which we would have waited until 2013 to put in), built-in sound (which we wouldn't have done at all) in 4 rooms, and an interior designer/stager who charges several thousand dollars to both stage the home for the Parade and decorate it (we'd get to select the decor/window treatments and then keep them after the parade) for the Parade.
So, back to that "interesting news" from Dennis....
Because he is in a position he does not want to be in (not having his biggest public advertising opportunity) he offered us several deals on the above items listed.
He's going to split the cost of the interior designer 50/50 with us, and only require her services on the lower floor of our new home instead of both floors (her cost is per square foot...so not having to pay her to decorate the upstairs cuts her fee by about 1/3). He's also only going to ask us to put in built-in sound in 3 rooms instead of 4 (several hundred dollars per room), and he's only going to require the front lawn be seeded (instead of the entire lawn). Plus a couple other much smaller things he'd throw in.
All this and the effect of it being a Parade home on the subcontractors means we can now go back to them, quote in hand, and look for all kinds of discounts on large ticket allowance items like appliances, flooring, cabinets (countertops), lighting, etc., since all the subs will want their products shown in the Parade as well.
So I hung up with Dennis and Robin and I discussed the stuff Dennis had just told me, and we decided to go with putting our new home in the Parade in fall (two weekends in mid to late August). So I called Dennis back and told him that news (he was very happy to hear that!). He was going to then get the building permit going and I called the septic (mound system and well , no city water and sewer at the new place) guy (Dion) and got him going on the permits for his systems as well.
About 5:30 tonight Lori texted Robin and told us that the couple accepted our counter-offer!!!
So after a somewhat hectic 4 weeks of having our house on the market it's sold!
The buyers will schedule an inspector to go thru our house and when it passes inspection the deal is done.
The closing date is May 17th, so we have to be out by May 18th. This means we now have to focus the immediate future on finding a place to live for the last three months of our new home construction. We'll be looking at duplexes (there are a ton of them in the area) first, then if we don't find any of those we'll be looking at apartments next.
Dennis didn't give us an exact date he'd start digging the hole in the lot today, but he had said way back in the beginning that a fall Parade home would usually start around the 10th of April or so.
This also means that sometime before late April Robin and I will need to begin having meetings with subcontractors to go over their specific bids and products and make our selections for a great many items. (the first of which, believe it or not, is to be the siding / roofing subcontractor)
We have an exciting and very busy next few months ahead of us!
Paul