Unfortunately I had to remove the direct embed for the deposition in my last post. The viewer kept crashing my and my readers computers. If you want to view the deposition just lookup Erica Johnson-Seck Deposition and make sure you get an actual copy of the deposition–if you look her up you also get a bunch other “foreclosure fraud” stuff.
Here’s the update on my two current projects:
The Piano House: Sale is progressing with our closing set for June 15th. Our buyers have sent the final commitment letter as there financing contingency was up today. So far so good with this sale. I just ran the number and it looks like the total profit will be around 55k so pretty good for my first project. Were almost finished with the renovation so I’ll post some “after” photos next week.
The Alaska House: Purchasing is moving along. Nothing like the short sale we experienced at the Piano House. The house is on septic system. Currently it only has a cesspool so we need to install a new system. I have the septic engineers coming out June 2nd to do the soil testing. That will determine how much the system will cost. I just accepted the bid on this project. We are using a different contractor then we used at the Piano House. The contractor from the Piano House did a very good job but this new guy is a bit cheaper so we’ll see how he does.
Meanwhile I have another potential project in the works–probably the biggest one yet. I’ll post more about it once we get the contract finalized.
