Buyers in the West Valley

I showed houses to two buyers on Saturday and wrote offers for each of them on Sunday.

One buyer found a bank-owned property in Avondale - a great location for her, and it meets all her requirements. It looks to be well-maintained, has gorgeous kitchen cabinets, a nice yard for her dogs, a pebble tec pool, three-car garage, and the HOA is reasonable. The problem is that there are at least five offers besides ours. We've given it our best effort - and should know within a couple of days whether we're in the running. It is a LOT of house for the money, especially for the condition it is in. No wonder the seller/bank has a half dozen offers.

The second buyer has made an offer on a short sale in Glendale, close to Glendale Community College. It has lots of features that I like - vaulted ceilings, fireplace, cute kitchen, well maintained, nice yard. We should hear back from the seller within a couple of days. The house is priced to sell - maybe priced too well. Sometimes short sales are like that. The price is too good to pass up, buyers make an offer, seller accepts, and then after comparing market analysis with needs of the investor, the seller's lender[s] counter with a higher price. We'll see. That's what negotiation is all about.

It's good to have buyers. I'd be glad to have more - and more sellers. Lots more sellers ....