LuauLounge
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Although this was close to 30 years ago, I will never forget and share it with anyone that wants to listen. It is a combination of customer service, meeting the needs of everyone involved and all with a sense of humor.
So, my wife heads off to the store and returns shortly and says you need to come look at a house. We has sold our previous home the previous year and moved to a new area. As we were not sure this was long term, we leased a place to feel out the area.
I wiped the grease off my hands, as I was changing the oil on the car, and we drove a block away to look at the house. We were thinking about building, but the requirements were a large lot and a pool.
So we enter the court and take a look. The lot is pie shaped so the back yard is huge. Large pool, house is a 4/3, so plenty of room for the two of us. The price was in line with the lots, plus the pool, so we were basically getting the house for free.
We meet the RE agent at his office to make an offer, we fill out the forms and he states he will contact the owner and get back to us. We start to leave and he turns to the fellow at the desk at the back of the office and says, "I have an offer on your house for $125,000." The fellow responds, "I can't go that low, $127,500 is the best I can do." He then turns to us and says, "I've contacted the owner and $127,500 is his counter offer and I believe he is firm on the price."
I almost fell off my chair and said, SOLD.......
It gets better, we start the mortgage process and rates are at 11% and start to fall. We contact the real estate agent and ask what is the owner's motive. He says that he wants to sell it, but in the meantime, he doesn't want to make the monthly payments, as he had built a new home for the previous owner and had taken this in as a trade.
The RE agent calls me back and says why don't you move in, rent it and he'll give you $300 a month against the down payment, just close it within the next 6 months or so.
So, that's what we did, interest rate was 1.75% lower when we closed and we are still here. Every time I think of those old horse traders, I still smile.
So, my wife heads off to the store and returns shortly and says you need to come look at a house. We has sold our previous home the previous year and moved to a new area. As we were not sure this was long term, we leased a place to feel out the area.
I wiped the grease off my hands, as I was changing the oil on the car, and we drove a block away to look at the house. We were thinking about building, but the requirements were a large lot and a pool.
So we enter the court and take a look. The lot is pie shaped so the back yard is huge. Large pool, house is a 4/3, so plenty of room for the two of us. The price was in line with the lots, plus the pool, so we were basically getting the house for free.
We meet the RE agent at his office to make an offer, we fill out the forms and he states he will contact the owner and get back to us. We start to leave and he turns to the fellow at the desk at the back of the office and says, "I have an offer on your house for $125,000." The fellow responds, "I can't go that low, $127,500 is the best I can do." He then turns to us and says, "I've contacted the owner and $127,500 is his counter offer and I believe he is firm on the price."
I almost fell off my chair and said, SOLD.......
It gets better, we start the mortgage process and rates are at 11% and start to fall. We contact the real estate agent and ask what is the owner's motive. He says that he wants to sell it, but in the meantime, he doesn't want to make the monthly payments, as he had built a new home for the previous owner and had taken this in as a trade.
The RE agent calls me back and says why don't you move in, rent it and he'll give you $300 a month against the down payment, just close it within the next 6 months or so.
So, that's what we did, interest rate was 1.75% lower when we closed and we are still here. Every time I think of those old horse traders, I still smile.
