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Case Study: Move-Up Buyer – Part II

February 5, 2013

Having closed the sale of my client’s former home, our next challenge was to find the larger, nicer home they wanted.

That turned out to be a genuine challenge in our current market with meager listing inventory.

We were looking for a clean, sharp, well-maintained home with four bedrooms, at least 2,000 sq. ft., and (if possible) a three-car garage.

Despite searching MLS several times a day for 2-3 weeks, we found only two potential solutions.

One was slightly above my client’s price range with  non-negotiable sellers who were threatening to pull the home off the market if they couldn’t get “their price”, so we eliminated that one.

The second home was 2,200+ sq. ft. with four bedrooms, a three-car garage, beautiful hardwood floors, in move-in condition, and priced to sell.

We chose the latter home and made a full price offer (concurrent with closing on my client’s existing home) that included the seller paying my client’s closing costs.

The offer was accepted and the home inspection will be done tomorrow.

Stay tuned for Part III

 

Comments

  1. Robert says

    February 5, 2013 at 9:40 am

    All in a day’s work for Phil Hoover.

  2. Ashley Heath says

    February 5, 2013 at 4:00 pm

    Fingers crossed for a good inspection tomorrow! 🙂

  3. philhoov says

    February 5, 2013 at 4:47 pm

    Me too!
    House appears to be well-maintained; not expecting any major issues.
    Will let you know when I hear from Robert.
    Thx.

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Phil Hoover
Real Estate Broker
Phil Hoover, Inc

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