Posted in Scanlicott House 1.0

The trials and tribulations of selling a house

We were more than ready to sell our house, mentally more so than physically or emotionally. I am a dreamer and planner two things that often don’t go hand in hand. See my theory is I can dream about what I want till the cows come home but the only way to make the dream a reality is a well thought out PLAN.

Paddy on the other hand – he is more a ‘let’s see what happens’ type of guy or is well known for his saying of ‘that’s future Pat’s problem’. So how do we, a planner and a not planner work?!?!? Plan to Plan that’s right, we had a Pat and Lou Annual Strategic Direction Conference. Here we made a plan for our plan.

A month prior an agenda was sent out to the attendees (Pat and Lou) to confirm agenda items, topics for discussion, a date and beverage package (note: all good conference’s start and end with a few alcoholic beverages). As you can see below the top agenda item was house.

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Copy of our agenda

The big day of the conference came and it was a breeze, we fairly quickly decided that we were done with our current house. It was financially the right time to move on. Our options were to stay and complete a massive renovation or sell and buy something in a better location and undertake renovations elsewhere. Although we loved our area it wasn’t our ideal suburb or street. Now that we had made the decision we were mentally prepared to say goodbye to our first home.

We than undertook a whirlwind journey of completing all those ‘minor’ renovation/touch up jobs prior to sale. From painting skirting boards, replacing front steps, adding in gardens and unintentional jobs like replacing windows after a 1 in 1 000 000 chance of it smashing during mowing. A big shout out to Pat, he did an amazing job and took 2 weeks off and got it all done. From here we were physically exhausted but physically ready to sell the house.

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The smashed glass door downstairs

We relatively quickly chose our agent who we were extremely happy with…. Definitely someone you sell a house with as he worked for the seller and not the buyer.

Once the house was listed our emotional journey started. Upon listing our house on a Wednesday afternoon our first open house was the next day where we had 13 groups through.
The first Saturday we had 28 groups through within the half hour. A steady stream of people continued to flow through over the next 3 weeks with our first ‘real’ offers coming in on a Sunday. By the Tuesday we had a contract locked in at a fantastic price. Unfortunately 14 days later their finance fell through, our hearts fell pretty quickly as we were on a big house selling high. Our agent within the same day got another offer in at yet again a wonderful price with only 7 days finance. Our faces lit up with joy once again. It was a whirlwind day and lucky there was a glass of wine and cold beer offered to us at the end of the day.

Once the 7 days arrived the buyers were yet to have finance approved requesting a 24 hours extension, this was granted. The next day finance was still not approved and another 24 hours was requested. The next day finance was still not approved and another 24 hours was requested. The next day finance was still not approved and another 24 hours was requested. The next day finance was still not approved and another 24 hours was requested.

I have not unintentional copied and paste the lines above this was intentional. We had approximately 10 requests for finance extensions with many of these requests being made after business hours. Finally after 29 days we received formal notification that the buyers finance was approved…..our house sale was finally unconditional. Just in time for Christmas.

Those days from 7 – 29 days were the most stressful. We were constantly unsure if it was going to go unconditional or fall through like the first one. This all occurred so close to Christmas which added additional stress as we did not want to go back to open houses 2 times a week.

In writing this posts I googled stress of selling a house and this is what was found. It was listed as the top stress of ‘modern life’ although I don’t know how accurate or recent this list is, as I would have thought the stress of smashing your iPhone screen should have at least appeared in the top 5. (This also happened during this time where both Pat and I have dropped and smashed our iPhone).

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List courtesy of google

The list of how stressful it is to sell your house is quiet accurate. The only change I would make is to number 6. I would swap out ‘Survey’ for ‘people turning up at your house wanting to walk through it but it was not an open house day or time’.

The saga of house selling is still yet to end with 2 weeks ago the buyer requested to move settlement day up several days for them to gain a weekend and us to lose one. This request was denied.

The ‘fun’ is yet to stop with the most recent episode being a new contract required as they wanted to add the husbands name to the contract as it is only listed in the wife’s name. After 48 hours trying to wrap our heads around the possibility of a new contract with no changes we received a phone call from our solicitor saying they didn’t want to change it any more and it was fine the way it is.

This house sale has been a rapid roller coast ride, one that I can’t wait to get off. As we pack up our house we remember all the good times and not the last 3 months of turbulence of selling a house.

Our advice, if you are trying to buy a house: do your research; please be well educated on what you need to do. I know it is at times difficult and you can’t always ‘play nice’ as it is one of your biggest financial assets or liability in life however please remember that at the end of the day you might be buying the house from genuine people who have been through enough stress already.

After everything we are physically, mentally and emotionally ready to move on from our first home as we reset and prepare for the next renovations ahead.

Thank you to everyone who supported us through the last several months it was a crazy times one that we hope to not relive any time soon.

FYI: If you were wondering the relevance of the cover picture for this post, there really is none. This is a photo we took whilst on our Honeymoon in Italy. It is our ‘Happy place’ a place we would often dream we were when the selling got to hectic. What I would give for some Italian wine, cheese, pasta and gelato right about now!

xx L & P

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