Now We Really Sold Our House
It’s official. The house in New Jersey where we called home for more than five years is no longer our property.
Four months after we put the house on the market, the sale of the house was officially closed today. Though we haven’t got the money yet, all the paperwork are signed and the keys of the house are in the hands of the new owner now.
Overall, it’s a long process, but rather smooth one, except the first two and a half months when we had a lot of showings, but no offer. Just as we thought we might have to move to Virginia with the house still on the market (we were also preparing to rent it out at that time), all of a sudden, a flood of offers came in at the end of August and we were able to leave for VA with a solid contract and a target closing date.
Things went quite well afterward. The home inspection didn’t find any serious problems and we only needed to give the new owner $500 credit to fix a couple of minor issues identified in the inspection report. After we left, our agent helped us arrange a professional cleaning of the house and obtain necessary safety inspection from the township. Everything was done on schedule on our part. Though there was a little delay for the buyer to get the mortgage, nothing major happened.
The check will probably be mailed to us next Monday. Once we get the money, we can start to look for our new, permanent place
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Congrats! We recently closed on the sale of our co-op. What a relief that it’s finally over. Sounds like your sale went pretty well and quicker than ours. Now’s the fun part, right?
Great datapoint on the flood of offers in August! I’ve noticed a similar pick up of activity here in San Francisco.
Do you mind letting us know if you saw a spice in your online valuation i.e. Zillow?
Here are my charts for your reference.
FS