From the category archives:

House #14 – SOLD

3-Year Recap!

August 12, 2011

This weekend marks three years since we purchased our very first rehab property, so I thought I would spend a bit of time recapping what we’ve accomplished in the first three years, along with some of the statistics and interesting tidbits of our journey. Here’s a quick recap of our accomplishments: 24 Houses Purchased & […]

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House #14: Final Analysis

October 22, 2010

We sold The Pine House yesterday…and the analysis of this project is probably more interesting than any we’ve done yet… Here’s the quick overview of this project: We made mistakes every step of of the way! Here’s the longer version: First, we overpaid for the property. We originally set our maximum purchase price for this […]

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House #14: Sale Update

October 5, 2010

As I mentioned a couple weeks ago, The Pine House is under contract to be sold, and we’re in the process of working with the buyers to finalize their inspections and appraisals… We’ve completed all the repairs that were noted in the buyer’s inspection, so we don’t expect any additional rehab costs at this point. […]

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House #14: Inspection

September 20, 2010

The buyer for The Pine House had her inspection late last week, and the inspector was one of the most thorough I have ever seen. He spent about 3.5 hours at the property, knew the building codes forwards and backwards and really worked hard to make sure the buyer knew every potential issue… The good […]

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House #14: Third Contract

September 12, 2010

The Pine House is officially under contract for the third time… As I mentioned in my last post about this house, we haven’t had much traffic through this property since the tax credit expired in May, and the first two contracts we had on the property fell through because the buyers couldn’t get their financing. […]

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House #14: Update

August 29, 2010

It’s been a while since I’ve given an update on The Pine House… Last I mentioned, we had a second full-price contract on the house with a buyer who was getting funded through NACA. I’m sure I mentioned it at some point (though I can’t find any posts), but because NACA is so backed up […]

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House #14: Second Contract

April 27, 2010

It was a good weekend for us — not only did we get a full-priced offer/contract on The Escher House, but we also received a full-priced offer on The Pine House! This offer came from a buyer who is using the NACA loan program that we became familiar with back when we were selling The […]

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House #14: Staging Pictures

March 31, 2010

It turns out the potential buyer for The Pine House wasn’t qualified for a mortgage, so as of today, the house is officially on the market… This was an incredibly long and tedious project relatively to some of our others — it took over 9 weeks to complete, we were over budget by about 10%, […]

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House #14: First Contract

March 29, 2010

I was going to post today about how we just put The Pine House (sorry, post-rehab pictures coming soon!) on the market, but I’m more excited about the fact that we received our first offer (and contract) even before it hit the MLS… We spent the weekend finishing up last minute details of the rehab, […]

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Update for 2/26/2010

February 26, 2010

Here’s an end-of-the-week update on all the houses and other stuff going on… House #1: The Corn House We found out that the lease/buyers for this house haven’t been paying off their credit card each month like the credit repair company suggested. They likely would have qualified last month if it had not been for […]

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