When we moved from Kansas back to Oklahoma the house we had bought a year before ended up in a bidding war with three buyers. We thought it was great until we tried buying a house in the OKC metro area right after the May 3rd tornado. Every house we put a offer on was snatched out from under us by someone from Moore, Oklahoma with cash from their insurance company. That happened on about 8 houses total. I finally found one and just signed the papers. We were living out of a moving trailer at the farm.House has been on the market for one week. With the whole covid thing, open houses are a thing of the past. Since my Son still has Zoom classes most of the week we could only have showing from 2pm-5pm during the week. Right now we've had 14 showings with 3 offers. Offers are fantastic considering we have some "unusual" circumstances we are asking for. Our broker is a freakin' animal and seems to have gotten a verbal agreement from all three offers on our unusual leaseback requests (lease back through end of August). Now our broker is writing up and sending over to them to come back with their best and final offer. I should know by Saturday evening where we are and what we are going to accept. Not sure who is drinking more this weekend? Me or the buyers. It is some serious exciting and stressful times.
Well, that was a stressful and crazy day. We had been waiting for the last of the three groups to respond to our "Best and Final" request on a count-offer. On their initial offer they were far, far lower than the other two offers but still $5k more than our asking price. I wasn't too confident they would come close to were the other two offers were sitting on their Best and Final. Well, they not only met the other two counter offers but blew past them. We accepted the offer this afternoon and will be in escrow starting tomorrow. I'm shocked at this real estate market and it's crazy to think that we put the house on the market 9 days ago and got $80K over asking price.
60 day escrow and 60 day leaseback so we'll probably be heading to Sapulpa at the end of August.
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