Is it lucky number seven?

Hi everyone!  How's your week being going?  Only another five days to go and October will be gone out the door like the rest of the previous months.  November might be the busiest month to finalized all the packing and move if the house gets sold successfully.

Good news came in this morning!  Looks like our last protential buyer decided to buy the house. The same couple visited the house to inspect the property twice. I had the phone call from the real estate agent before lunchtime, asking when we can come in to sign the contract. We will go there on Monday as the real estate closes early on Saturdays.  If this contract passes the cooling off period our settlement date will be in late November. 

Generally it's a good sign we may found the right buyer if they inspect the same property twice. But because we have been through this before I am not going to have high expectations until after the second building inspection is completed and reported.  The second time they had a relative over who is an experienced builder to see what changes can be made for downstairs.  The future female owner of the property has a home based business so I think she like our property for more space of downstairs to deal with her business.

The house has been on the market for seven weeks now and it was the 7th protential buyer who decided to buy the house (after the protential buyer no 2 terminated the contract within two weeks of signing).  We weren't the young family first choice to buy as they had signed another contract before.  But the after the pest control inspection was done to this other property, it was a no no!! Apparently this dwelling of their first choice was infected with termites. Don't worry we passed successfully in the pest control inspection with flying colours. 

It's more the building inspection I am more concern about. Due to the age of the house, it does require some general maintenance work to get the house freshly good looking again.  We did say to the real estate at the beginning this property will be sold as it is. Because of this situation we won't get the full valuation we hoped for at the beginning.We lose about $20K because of the work it needs to be done.  Now it's up to the buyer if they want to spend the extra money to get the maintenance up to scratch before it gets too badly run down in about 10 years time. I was hoping it would be an investment buyer who wants to buy for protential rental tenants to move in. From the type of rental tenants I have seen in this area, I wouldn't buy a rental property in Logan. The house will be destroyed by bad mannered kid/s with behaviour problems.

Will this couple will have a change of heart as well after building inspection gets done?  The relative that came over with them yesterday is an experienced builder so he should of noticed the faults on the house himself. We don't really know why the protential buyer no 2 had a change of heart in their purchase.  It happened after the building inspection was reported. I just taken it they didn't have the extra cash on getting the maintenance work done as listed.

Stay on this channel to find out if our sale was successsful in two weeks!