And... SOLD!

Whew. That was a white knuckle ride I must say. But the house sold on Monday afternoon without too much fuss. 

We started with our agent warning us that the market sentiment in TO had really shifted in the last 3 weeks; not many bidding wars, buyers playing wait and see, avoiding multiple offer situations, and lots of houses going for asking or less. So we were pretty nervous about what the two offers were, although grateful there was at least two so we had some competition.

The initial offers came in at almost exactly the same, about 10k over asking, so our agent said to their agents, "Look, knowing what we know about how buyers are feeling, let's not prolong this. Just tell them to come back with their best offer and we'll wrap this up." I was nervous that someone would just walk away, but they both came back with more -- and one with quite a lot more. Best of all, they were "clean offers" -- ie no house inspections or conditions -- which keeps things simple. 

So our final price was right about what we'd originally been hoping for. This gives us enough left over to renovate the new place with a kitchen and an opening to the back garden... At least, we hope it does.

So overall, we feel fortunate to get what we were hoping for, plus a pre-HST closing date (June 30th) which saves us a lot on taxes. And it sounds like we got in just under the wire, or at least, on the wire, according to an article in today's Globe and Mail.

Alright, who wants to help paint sometime around June 26th?