Ian Grodman

Good Home Property Solutions LLC in South Orange, NJ

Ian Grodman with Lisa Mainardi

This deal came through an REO realtor who was working with a consolidator of tax lien owned properties. The home hadn't been updated for 40 years, and the prior owner appeared to be a hoarder. We completely redid the kitchen and upstairs bathroom in this bi-level home and built a brand new bathroom on the lower level where none existed before. We painted the entire house inside and out, removed all of the old carpeting, and refinished the wood floors that wee protected underneath for forty years. When our first buyer lost his job due to COVID two weeks before closing, we put the house back on the market. The next buyer, using an FHA mortgage, asked for a 30-day extension once, and then again, and when they asked for the third extension, we canceled the contract. Luckily, although the house had essentially been on the market for four months at that point, we had multiple offers and were able to close.