Nov
16
It is very satisfying to sell a “home” to a family you have been working with when you know it’s a good fit for them and that you have helped them get a good deal. I always wish them many years of happy memories there. But, it is so fun and incredibly exciting to sell “houses” to myself. Yes, a “house”, one that is ugly right now. It needs someone to love it, bring it back to life, see its potential and find it a happy family to make it their “home”! I don’t consider myself a house “flipper” because this is not something that I accomplish in a very short period of time nor do I make HUGE profits on them either.
The “house” I just made an offer on and now have accepted is a HUD home that was listed for $16,000. The HUD homes in my area are not listed on the MLS and are somewhat of a secret…unless you remember to check the HUD website for listings that is. I have had my eye on one, but since we just finished a house that took us about a year to fix, we weren’t really ready yet. But alas, this week I made an offer that I was sure would be countered, but wasn’t….it was accepted! Yeah, we sold our last home in early September and really how long can I take a break??!?? I’m addicted remember!!!!
My husband and I do all the work ourselves with the help of my 10 year old son that has been helping us all along our investment home buying/selling journey. He was 6 when we started and he knows the value of hard work and seeing it pay off. He doesn’t get his “paycheck” until the house is sold since that is when Mommy and Daddy get theirs too!
We will put our TLC into this house and get it ready to go back on the market to be some lucky families “home”. I think I’ll blog about the bumpy road of progess along the way because when it is done and sold it will make interesting reading for me (if for no one else). Fixing an investment home is a lot like having a baby (for all your girls out there). It is very painful, difficult, sacrificing, but when you see that beautiful baby all the pain has been forgotten and bask in awe at the greatness of what just happened thinking when can I do this again!!! Yes, I said I’m addicted!!!
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