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+--- Thread: Lynch Castle Estate Stories. (/showthread.php?tid=8286)
RE: Lynch Castle Estate Stories. - Drunk Monk - 04-16-2025
Congrats! Is that what you were asking?
RE: Lynch Castle Estate Stories. - Greg - 04-16-2025
You know, I don't remember us setting a price. We talked about what we wanted. I figured if we got 3.5 out of the deal, it would be good. Our real estate agent thought we might get 3.7, which was exciting. But the house is in rough shape. It needs plenty of work, mostly cosmetic. A lot of the early bids came in at $3 million from the investor class. This guy started at 3.3, then went to 3.5. I countered with 3.7 and settled at 3.6. After costs, we should net 3.48
RE: Lynch Castle Estate Stories. - Greg - 04-16-2025
Just signed the deal for the house. Waiting on the sisters. Escrow closes in 17 days. All cash offer.
RE: Lynch Castle Estate Stories. - Dr. Ivor Yeti - 04-16-2025
(04-16-2025, 03:54 PM)Greg Wrote: Just signed the deal for the house. Waiting on the sisters. Escrow closes in 17 days. All cash offer.
Excellent. What are the odds of Mom Jr messing up the deal?
RE: Lynch Castle Estate Stories. - Greg - 04-16-2025
All good. All done.
RE: Lynch Castle Estate Stories. - Dr. Ivor Yeti - 04-17-2025
Congratulations!
RE: Lynch Castle Estate Stories. - Drunk Monk - 04-17-2025
Congrats again. How does it feel?
And when are you going to host the D00M gathering with your windfall?
RE: Lynch Castle Estate Stories. - Greg - 04-17-2025
I'm sorry, who are you again?
Lots of feelings. Went out for a celebratory breakfast with the Queen driving El Señor. Still coming face to face with the definitive end of a chapter.
Windfalls will occur when the home in Cambridge is sold. The selling process for that won't start until the tenants vacate at the end of June and we are kind of leaving that in the hands of Arctic sister. I'm also wrangling transfer of title on the apartment complex into my name, which will be the majority of my share of the proceeds from the estate.
I just signed the first bit of paperwork with the Title Company.
RE: Lynch Castle Estate Stories. - Drunk Monk - 04-18-2025
(04-17-2025, 10:04 AM)Greg Wrote: I'm sorry, who are you again?The star of your next epic: DM & the Yeti
(04-17-2025, 10:04 AM)Greg Wrote: Still coming face to face with the definitive end of a chapter.End of a freakin book, bro. We all had some good times in that house. When did your family move into that house again?
(04-17-2025, 10:04 AM)Greg Wrote: Windfalls will occur when the home in Cambridge is sold.And how much do you anticipate for that?
RE: Lynch Castle Estate Stories. - Greg - 04-18-2025
We moved in to Lynch Castle in March of 1970 after living for a month in a Los Gatos hotel.
Cambridge should go for between 2.5 and 3. The lower number is more likely.
RE: Lynch Castle Estate Stories. - Greg - 04-22-2025
And just like that, I did not sell Lynch castle. Buyers backed out on the deal after doing an inspection. They wanted to expand the footprint and upon examination of the property realized they couldn't do that.
RE: Lynch Castle Estate Stories. - King Bob - 04-22-2025
A lot of people these days just want too much house.
RE: Lynch Castle Estate Stories. - Drunk Monk - 04-22-2025
Major bummer.
RE: Lynch Castle Estate Stories. - Dr. Ivor Yeti - 04-22-2025
Sigh.
RE: Lynch Castle Estate Stories. - Greg - 05-01-2025
Offers to buy are due on Lynch Castle today. Our real estate agent called to say she has been in discussions with 5-7 agents and there have been 26 disclosures requested. I was getting worried since I had heard nothing from her since Sunday. Now, all I can do is look at the clock until the 3pm deadline. We have a meeting at 7:30 tonight to discuss.