Woo hoo! Accepted offer on house we are selling
 

Received our first offer on Saturday-wasn't as good as we had hoped, but in this market you have to take about what you can get. Slated for closing on November 4th. It was on the market for almost 4 months and it will only get harder to move it in the months ahead. :noon:noon:noon

From what we'll get back out of the house, I've already earmarked about $25k into a new HVAC system for our new house, possibly going with geothermal. I'd get a full 30% of the price back on taxes and would most likely cut the $400 gas bills the previous owner had last year down to less than $100 when all is said and done.

Re: Woo hoo! Accepted offer on house we are selling
 

sweet, glad you could sell, it is a buyers market for sure.

Re: Woo hoo! Accepted offer on house we are selling
 

We did get $2 more per square foot out of the vinyl village house we sold than what we paid per sq. ft for the 4400 sq ft custom house, that's free and clear with realtor fees and everything. Considering I purchased with the tax credit and it was expired when I sold, I thought that was doing pretty well.

Re: Woo hoo! Accepted offer on house we are selling
 

Totally go geothermal. It is bad ass. I looked into digging up my driveway and drilling two 300ft wells to run geothermal here in Seattle. Unfortunately the city does not like you drilling wells in the middle of town, nor does my wallet as it would have cost about $9000 per well.

Re: Woo hoo! Accepted offer on house we are selling
 

Getting bids starting on Friday-largest geothermal contractor in state for starters. Over the summer, I had some rough estimates given to me that a good system will run me $12-15k, but geothermal would run $25k. With the full 30% with no cap, my out of pocket cost difference might well be less than an additional $5k out of pocket. Throw in I plan on being here 15+ years, and it sounds like my ROI would do quite nicely.

Re: Woo hoo! Accepted offer on house we are selling
 

Congrats Bro, I was tempted to buy, but funds are not guaranteed anymore in this economy and I get free rent.

Re: Woo hoo! Accepted offer on house we are selling
 

Just curious but with geothermal will you be drilling deep wells or running tubes shallow around your property?

Re: Woo hoo! Accepted offer on house we are selling
 

Congrats, brother!

Re: Woo hoo! Accepted offer on house we are selling
 

No idea just yet-leaving that up to the #1 geothermal company in the state/#5 nationally to tell me. I have a pond about 100' behind my house, but there's an easement and I don't know that I can get approval to use that. I've already asked the question at least. I hate the thought of having to screw up too much of my yard.

Re: Woo hoo! Accepted offer on house we are selling
 

Well congrats on the new place either way!!

Re: Woo hoo! Accepted offer on house we are selling
 

Does you mom make you do the laundry and wash dishes?

Re: Woo hoo! Accepted offer on house we are selling
 

Had the first guy come out today. He said to go the shallow route would literally destroy my entire back yard. The other option is digging a deep 10'x10' square and then going sideways, so that's how I'd be doing it.

He gave me a very rough estimate of $25k for geothermal with an additional air handler for upstairs, 3 zones/thermostats. To go with 2 heat pumps and a 95% furnace back up and the additional work necessary would be pushing around $18k. Gee let me think...$18,000-$1,500 = $16,500 for non-geo, while a geo system would net me $17,500 OOP after the applicable rebates. That's a no-brainer. The current system had $400 gas bills last winter and the guy said with the geothermal system, my hvac cost would never hit $100/month for a 4400 sq. ft house. Sign me up!

Re: Woo hoo! Accepted offer on house we are selling
 

Congrats & GL With The Renovations, Brother!:tu

Re: Woo hoo! Accepted offer on house we are selling
 

An inspector came out and notes a crack in garage floor that extends from the garage through an interior wall and to an exterior wall. It's concrete and will eventually crack somewhere and should be no big deal. However, in calling the warranty company about my 10 year structural warranty, it's looking as though the builder never paid the premium for myself and many of my neighbors. This builder is no belly up, but the president of the company has an address pretty close to mine. I may just be paying him a visit on Friday.

Re: Woo hoo! Accepted offer on house we are selling
 

Yea concrete will definitely crack there is nothing you or anyone else can do about it. There is just to much expansion and contraction in the soil for to not crack. what you need to watch out for is after the crack the level changes. Then you have real problems.

Congrats on your geo-thermal decision. I think you will find it bad ass.

Re: Woo hoo! Accepted offer on house we are selling
 

Effffff me...buyer's agent just sent over a release from our original purchase agreement. :fl :ss

Re: Woo hoo! Accepted offer on house we are selling
 

:confused:

Re: Woo hoo! Accepted offer on house we are selling
 

Have dig in a geo-thermal wine cellar while you're at it!

Re: Woo hoo! Accepted offer on house we are selling
 

Congrats!

Re: Woo hoo! Accepted offer on house we are selling
 

Doesn't appear to be the case now.

http://www.cigarasylum.com/vb/showpo...6&postcount=16