JUST SOLD! Cute Ogden Cottage

JUST SOLD! Cute Ogden Cottage

 

We just closed on the sale of this cute vintage cottage in Ogden, Utah.  The owner of this home had occupied it at one time but rented it out after being transferred out of state. Originally listed in November 2016 for $90,000, the plan was to sell the property with the tenant in place and have them vacate after the property went under contract.  Supposedly, the tenants were on board with this plan.

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Unfortunately, the tenants changed their mind.  Once we received an offer and placed the home under contract, they refused to move and demanded to stay several more months.  That ended our attempt to sell the home and we disengaged from the buyers while we prodded the tenants to leave.  The home was taken off the market during this period of time.

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In January, we made another attempt.  The tenants had moved and this time we raised the list price to $99,000.  We immediately received an offer and went under contract.  However, the buyer cancelled the contract after discovering standing water in the basement.  Record moisture this winter caused water to enter the unfinished basement cellar.

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We took the home off the market again.  Our crew investigated the situation and we realized that the sump pump was not turned on.  The buyer had already excused themselves from the transaction so we got the sump pump operational and watched the basement for water issues.  The way the basement was designed continued to allow water seepage to pool in low spots on the concrete floor.  So, we contacted a concrete cutter who cut drain notches to the sump pump area.  That solved the water issue.

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We placed the home on the market for a third time and this time the offer stuck.  The buyer offered $100,000 and asked for $3,000 in closing costs.  The sellers accepted and the transaction closed about 5 weeks later.

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Congratulations to our sellers!  If you are looking to sell your home, CONTACT ME, and let’s put a plan together to get top market price for your property.