Monday, April 6, 2009

SUNDAY: We're Open for Business

We haven't had an Open House in a while. We were having them every Sunday through the fall but we got burned out. It didn't seem to be working and it was a lot of effort and disruption in our lives. The reason we decided to have one yesterday is because we haven't yet had one since we dropped the price and we would like to get a better offer to submit to the bank.

All the rules are different when it comes to short sales. We are actually allowed to continue accepting offers while the bank reviews our packet. They'll take the best offer submitted. The cleanest and strongest. This means, best credit, most money down, etc. Our current offer is low and they're asking for a lot more than usual back in closing costs. This might deter our lender. And we're doing everything in our power to avoid foreclosure.

We cleaned from 8AM to 11AM non-stop. The house looked amazing when we were finished. Bob was on his hands and knees polishing the hard wood floors. We cleaned places we hadn't seen in a long time.

It was a great day for the views too. So clear you could see the snow-capped mountains in the distance. The house was stepping it up, it seemed.

The Open House went well. 25 people came through. We've had more on previous Open Houses, but in this market that is still solid. According to our Realtor, there was a lot of interest and people were very impressed. This usually the case, so it doesn't really mean anything and doesn't always translate into an offer. But we're hoping it will. Everyone knows the situation. It's a short sale. The bank is already reviewing one offer, so if you really want the house, you need to submit a good, clean offer.

Now it's Monday. It's good to wake up to a clean house.


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