Sold to the man with $505,000

Now here’s something I won’t miss I thought as we sat in capital beltway traffic during the middle of the day. How many weeks or months of my life had I squandered sitting in Washington traffic? There was no possible way to tally it, but at least it was coming to an end soon. While we were escaping to Baltimore, there was no escape from Washington’s predictably unpredictable traffic, at least not while we still lived here.

Or maybe there was. Ahead was the spur to I-270 north. A relatively new Intercounty Connector now connects Montgomery and Prince Georges counties in Maryland. For $3.20 we could avoid yet another tedious beltway tie up. It was hardly the shortest route to Baltimore but unsurprisingly it was the fastest today.

We were escaping to Baltimore because escaping was what our realtor recommended during open house weekend. Baltimore served the purpose of keeping us close but distracted while allowing our newly listed house to be easily inspected freely by prospective buyers. The big event was Sunday’s open house from 1-4. The calls from realtors had already started. Bright Photoshopped images of our house were now online, emphasizing light filled rooms, wood floors and empty kitchen countertops. Based on the calls we were getting, all the hassle of transforming our home into a house was clearing working. Come by anytime, we would tell the always-polite realtor on the other end of the call. The calls came while we drove down Eastern Avenue in Baltimore, in search of landmarks recommended by my sister who lives nearby. And they came in while we ate an early dinner at Matthew’s Pizza, Baltimore’s renowned hole in the wall pizza institution, also on Eastern Avenue.

The idea of escaping during open house weekend would only be partially realized. There was no escape Friday from the below freezing temperatures, endless snow banks and the partially snow filled parking spaces of Baltimore. There was no escape from the usury parking rates near the Hyatt Regency hotel at Inner Harbor, where we had a room for two nights. At least there wasn’t until we opted for the Arena parking garage six blocks away where the socialist City of Baltimore’s daily parking rate was just $16.00.

Inner Harbor was bone chillingly cold and mostly empty on this Friday night. We had made sporadic forays to Baltimore over the last thirty years, mostly to its touristy Inner Harbor area. In 1984 my then girlfriend Terri had surprised me with two nights in this very same hotel, a perk of being the one who made travel arrangements at her office (and being known by name by the Hyatt reservations staff). It is still an impressive hotel, but Inner Harbor was not quite as impressive thirty years later. The shops were less upscale and there were some vacancies. Thirty years ago Mayor (and future governor) Donald Shaffer might have been seen here strolling among the stores. Inner Harbor was his idea and it was very successful. While Shaffer is dead, his statue is still here overseeing Inner Harbor.

Saturday found warmth slowly returning and snow melting. The free Charm City Circulator made it relatively painless to get from point to point downtown. It helped if you liked to walk. Federal Hill was snow covered, but the walks to Fort McHenry were at least shoveled. The place known for the rockets’ red glare during the War of 1812 was unvisited by my wife, but even on this frosty morning the view of the harbor was still spectacular. The most spectacular find of the day turned out to be the Walters Museum accessed via a slow moving Circulator bus. William Thompson Walters was clearly filthy rich (he was a railroad tycoon). He and his son created a staggering collection of mostly European art, almost all of it in excellent condition that highlights medieval periods and the Renaissance. It’s all available for free but is largely unknown, perhaps because it is hard to get to.

Part of our mind was stuck back home. We wondered how many realtors had come through our house with clients in tow. The phone calls had slowed down, but some realtors might have not tried our cell number and simply brought their clients by. We had seen that happen routinely the last time we had a home on the market.

Sunday morning my sister Mary, who lives in nearby Columbia, volunteered to give us a driving tour of Baltimore. Mary might as well have been born in Baltimore. She adopted the city and likes to dress up like a Baltimore “Hon” with a beehive hairdo during Honfest week. She gave us a tour of areas of Baltimore we had never seen. Baltimore has an undeserved reputation. It’s actually an amazingly diverse but very urban city, known for its endless brownstones and many ethnic areas, most of which are quite safe and festooned mostly locally owned businesses. Urban prospectors would be smart to check it out. We checked out the Broadway Diner on the far side of Eastern Avenue for breakfast before starting our driving tour. We also checked out my father and stepmother on our drive back home, and stayed for dinner with them as well.

We returned home near sunset, our house emptied of people but with the back doors unlocked and a stack of real estate business cards on our dining room table. We spoke by phone with our realtor. The open house was a huge success. So many cars were parked along the side of the street that our neighbors had a hard time getting down the street. One prospect had driven up over our curb into our driveway, leaving tire tracks on our sod. Our house was still clean, but the driveway was full of muddy boot prints and tire tracks.

Our realtor was proactive enough to hire an assistant. They had prospects leave their boots and shoes on our porch. Debbie (our realtor) handled the front of the house while her assistant handled the back of the house. Rooms were frantically inspected and closets peered into while various couples tried to imagine if they could live here and afford our $505,000 asking price.

Debbie said we had an offer and to come by her office Monday afternoon. When we arrived on a spring-like Monday afternoon, she had two offers for us to consider. Both were at our full asking price. Both buyers were highly qualified, putting 20% down in cash and financing the rest. Both were happy to pay our asking price. And both were single men. The offers were essentially the same. We chose the Indian guy mainly because his settlement date worked better for us. (We imagined he had a bride to be back from India, and that our house would eventually be full of children.) We drove home with an Under Contract sign to place atop our For Sale sign. Our house had been on the market exactly three days.

This outcome was surprising but should not have been. It’s not for the same reason that we sat in beltway traffic three days earlier. Despite the hassle of living in the Washington region, people still have a frantic need to live here, and are willing to pay the price. It is a seller’s market in our area right now. Moreover, we were the only house for sale in our desirable neighborhood, and our house is in excellent condition. We hit the jackpot, but it was by design, not by chance. It meant about $10,000 more in fix up expenses in the last six months, and a huge amount of labor. It meant cringing while a stager turned our home into something we did not recognize. And it meant a weekend in Baltimore playing tourist while buyers assessed our house and pondered offers on our hot property.

It was a triumphant and to me stunning conclusion to our house selling odyssey. We now have to figure out where to live while our house is built, and we already have an unexpected offer from my sister Mary to live with her rent free in Maryland.

The Walls of Jericho have fallen down. A new adventure in Massachusetts waits for us.

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