Good Morning. We had a very successful closing on Friday. It was our first foray into foreclosures. The buyers (now owners) met their neighbors and got some history on the house they bought. It seems that when the former owners started getting into trouble they tried selling the house themselves. Mistake #1. Then they priced the house at more than $800,000! Sure it’s on 8 acres, but still. Even at the height of the real estate bubble, it might have been at best $495,000.
This is a problem when sellers are pricing their homes. They want the sale of the house to take care of all of their financial woes. That’s fine as long as their woes don’t exceed the market value of the home. From now on, we’ve been lucky and haven’t had sellers with those unrealistic expectations. If we do have someone wishing to list above market value in a ridiculous range, we’ll have to decline the listings.
The museum curater we’ve been working with closes on her house today. We don’t expect any problems. The commissions are sure a welcome sight. A brief sight to be sure, Leslie is writing checks out as fast as she can. Good news is we are catching up, bad news is we can’t retire!
I’m happy to report that my dad is back home and my mother seems happy about that. It sounds like his progress is moving forward better at home than at the rehab. What a trooper my mother is.
I walked for the first time in weeks today. I don’t know what the deal is about not walking regularly. Sure hope I can commit myself to taking this walk daily. I know there are tremendous benefits to the way I think, feel, and respond.
Before I forget, the recipe for Chicken with Grapes and Shallots was fabulous. Here’s a link to the recipe:
Well, off to sieze the day. Have a wonderful day.