Big thanks to Nate (real estate nate)

[8mpg]

Well...it took a couple months to close, but it finally happened. Offer was submitted around April 20, and we finally closed today.

Might be in over my head, but it will be a moneymaker when we decide to sell. We are hoping to start building a house about this time next year. This property was a Bank of America foreclosure.

2.34 Acres in Keller

Pic:


The house on the right is 5600sq ft and the left is 4600sq ft. Something like that. Found out last minute the deed restrictions say minimum 3500 sq ft 1 story or 2500 downstairs and 1000 upstairs if 2 story.


Just wanted to say thanks to Nate. He stayed on it and put his money on the line if we had to pay fines for not closing on time. He did a great job getting the situation handled and got 3-4 amendments taken care of on the deal. He had to deal with some assbackwards way of doing things for out lender and work with BofA to get it done.

[Sean88gt]

Just butt 3 double wides together

[naynay]

hehe 4/20

[8mpg]

hehe 4/20

so thats why it took so long

[kingjason]

That looks like a nice piece of land. I like it that it is not just clearcut property and has some nice trees on it. Nate covers some ground between Waxahachie for us and Keller for you.

[grove rat]

is that a swamp or darren m's neighbor?!

[Vertnut]

Looks nice! Are there additional restrictions like roof pitch, material make-up of the exterior, roofing material, set-back from the road? Read those restrictions very carefully before you start your plans.

[TexasT]

Congrats! DFWM baller right there. Looks like a real nice property. Those banks and even the govt owned stuff is difficult to deal with. Offers, waiting then they want to change the terms, they take their time, but the buyer hoops are high and on fire to jump through with time limits, and then back to waiting in the seller. You have patience and it is great it paid off for you.

[krazy kris]

pimptastic

[Tyrone Biggums]

Looks great, Tim. Congrats!

[Pooter]

Congrats man!

I dont know about the 3500sq ft clause, thats going to be pretty hefty, gotta find a pretty good builder too.

Any restrictions on the house exterior(Brick/stone) or fence?

[03mustangdude]

Dang im curious how much an acre runs in Keller

[8mpg]

Dang im curious how much an acre runs in Keller

Most properties are $100k an acre. Being a foreclosure we didn't pay anywhere near that. Little less than half. It appraised about $80,000 more than we paid.

[sosoe]

Once again, Nate comes out on top and helped out another member. I will be in the market for a home by the end of this year, might have to get in contact with Nate when the time comes.

[01vnms4v]

do me a favor save the trees!!!!