We Sold our Townhouse - House #3!
We finally closed on the townhouse my wife bought before we were married. We had moved into House #4 in December 2008 and had family living in the townhouse (House #3) until the last week of August. We then put the townhouse on the market in September.
Our net proceeds from closing were ~$26,000.
Timeline of Selling our Townhouse
Early August - Agreed to put house on market in early September
8/15-8/21 - Interviewed real estate agents
8/24 - Selected Real Estate Agent with 5% commision
8/25 - The townhouse was vacated and cleaned
9/1 - Signed real estate agent paperwork
9/3 - hired painter to touch up interior (~$520)
9/9 - House was listed on MLS $128,500
9/27 - Reduced price to $124,900 after only 2 showings in <3 weeks
10/8 - Wife and I discussed lowering house price again to ensure house would sell before tax credit expired as we didn't think it would sell till Spring otherwise.
10/10 - Showing #6
10/11 - Received offer for $120,000 with $4,000 in closing
10/12 - We countered @ $125,000 with $2,500 in closing; buyer counterd at $124,000 with $3,500 in closing
10/13 - We countered @ $124,500 with $3,500 in closing, buyer accepted
11/20 - Closing; deed transferred, proceeds wired - yeah!!
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