Tuesday, April 3, 2012
People always say that things happen when you least expect them to, and I guess I can apply that nugget of wisdom to what occurred tonight.
We've had our condo--which we've been renting out to tenants since we moved in August--on the market again since mid-February. Like last year, when we had it on the market for 6+ months, we've had little luck in attracting offers. Our tenants' lease is up on April 30 and they don't plan to stay, so last Thursday, we put the condo back up on Craigslist. Continuing to be landlords is not something we want to do, but we'd certainly rather rent the place out than begin to pay two mortgages.
As soon as I put up the listing, the e-mails started rolling in, and I've been spending tons of time e-mailing back and forth with prospective tenants--sending photos, answering questions, trying to set up appointments. We met with a few people at the condo on Saturday, and one of them actually wanted to fill out a rental application. So, we've been moving forward with him early this week to see if he's someone we'd rent to.
Today, I got an e-mail from our realtor out of the blue. It said that we have two SECOND showings--people who viewed the condo before are coming back again--one scheduled for today, one for tomorrow.
It was hard not to get our hopes up with second showings. First of all, out of all the time we've been on the market, we haven't had ANY second showings. And then, to get TWO second showings within 24 hours of each other just felt too good to be true. So, the first appointment happened earlier tonight.
And then we got an offer.
WE GOT AN OFFER!!
We are beyond thrilled. Is it less than we wanted? Yes, of course it is, because we've dropped our price so many times in the past year that it's ridiculous. In fact, their offer is exactly the amount that we paid for the property... SEVEN YEARS AGO, very nearly to the exact day. So, in a lot of ways, it's a letdown. But, we also know that in this housing market, we are so fortunate just to have an offer at all, and as long as we can work something out with the buyer, we are in much better shape than if we continue to rent out the place.
So, we have fingers and toes and legs and eyes--and whatever else can be crossed--crossed. The catch is that we still have the second appointment tomorrow! We agreed with our realtor that we will sit tight through tomorrow night to see what happens there. It's crazy, but it's possible that we could end up with TWO offers on the table. I'm trying not to even think about it, because I don't want to be too greedy. Because trust me: UNIVERSE? I am already so, so, so grateful just to have one.
Needless to say, we're not throwing any parties yet. We still have a somewhat long way to go until this is a done deal in any way, shape, or form. Most notably, even after we have (hopefully) negotiated and (hopefully) have an accepted offer, we need to make it successfully through inspection--which may or may not be a challenge considering the ancient age of our HVAC system. But again, just praying for the best.
And of course, we'd appreciate any positive thoughts, prayers, vibes--whatever you'd be willing to send our way.
I really hope that this is it.