We'll have to see how it goes. Evidently the couple who own the property had another offer in a similar price range to ours and turned it down. What I don't know is how long ago that was. I guess this other person had no intention of fixing up the house. They planned to bulldoze it and build new (although that may be easier and faster than rehabing it!) The price the owners are asking is totally outrageous considering the amount of work that needs to be done on this house. I don't know if they think they need to get a certain price to 'get back' what they put into it or what. Both we and our realtor (who has 40 years of experience) feels that our offer is reasonable given the condition of the house. Personally, I would think that a second offer at about the same price would send a pretty clear message of what it's worth- or what people are willing to pay. I'm hoping that they're more motivated to sell, even at a lower price since the house has been on the market for so long.
The other realtor was to be meeting with the owners this afternoon. We gave them until 1 pm tomorrow afternoon to make the decision to accept or not. Sigh...
In other news, I spent this lovely day working hard to get this place into condition to sell. I spent the afternoon stripping the wallpaper from the upstairs bathroom and scrubbing the walls in preparation for painting. J14 helped a bit with the stripping part. The wallpaper had been there since we moved in and was awful. We've been planning to remove it for a long time and I've just been waiting for it to get warm enough to open windows while I work. The children are off on spring break next week so I'm giving J14 the task of priming and painting tomorrow and Tuesday since the weather is supposed to be lovely- at least for the first part of the week. I forewarned her that she'd better get used to the work. If the house sale goes through we will be working on two houses simultaneously, while in the spring rush of garden planting. Whoosh!