Jfire
BoM 9/9' 9/11' 8/12'
I posted a thread asking about the state of home sales and if a few brothers in the "know" could give me some info on selling our house. Well after listening to sound advice I started with a low price and a "gold" agent thru Caldwell/Banker. I knew it would be a hard sale and we were going to take a hit. Well I couldn't even imagine just how ugly it was going to be. After several months of nothing and cont. to fight with my shitty neighbors, I kept lowering the price. Agent: Well Justin what were you thinking a starting price.
Me: Well I have a little over 300 into it after the basement, patio, etc etc.
Agent: Well I think 270 would be good. Me: Ok We'll start at 260 then.
So she listed it 6 months ago and as I said not much. Couple walk thrus nothing of any potential. As the last 6 months go by, 260,255,250,245,and so on. I last changed the price to 243500 about 2 months ago.
Well we get back from Mexico and get a call that a buyer has been wanting to see it for a week but my agent told them we would be back in several days. So the agent ended up showing it 2 days after our trip ended. We get a call the next day that they have a initial offer. Agent comes back over and shows us the paper work. "Remember me telling you it looks like your going to be able to get out of the house with out owing even more money?" "I sure hope so, cause the 80 grand now is about our limit!" "Well I got some more bad news." "We'll lets hear it" They want(new buyer) 5k in closing cost and after all fees and commisions(realtors) it looks like your going to be paying about 4 thousand at closing. Me: So after loosing 80 thousand in cash I put into my house in 4 years. This buyer wants me to pay closing cost, plus points plus a few odds and ends. Agent: We'll Justin its the only offer in 6 months. I guess it matters just how bad you guys want to move. They also want your new washer and dryer.
Well we sat about a half hour with the agent a few nights ago and finally my wife talked me into singing the papers. Somehow I was fine w loosing the money it was already gone. I'm 29 and I imagine 80 grand hurts me as much as a 20 year old or a 50 yr old, but having to bring more money at closing :argue:. God it hurts. Also we absolutely love our house. It is perfect in size, number of bathrooms bedrooms etc. But this god forsaken area!!!!!
So the last few days it has been ruff on me. I have a little remorse signing the papers but I know it was the right thing. Also to all you guys that sent the bomb of the century, it came 2 days after this mess and I can't even tell you guys how much it told me things will be ok! Needless to say I'm sitting at my bar I hand built sipping wiskey while I type this. I took me 2 months of everday hardwork, sweat, and tears to finish my mancave. I have loved my basement like many love there 1st born. The pride I have when people sit at my bar and ask; you built this?
Well that is the big news I had coming. We have a month give or take to get every thing out. Good news is they're putting alot down and their credit looks great so hopefully we shouldn't have any snags. I'll be moving in w the inlaws(who I absolutely love). I know I hear alot from guys at work about living w inlaws but the money I'm going to be able to save over the next 6+ months should be great for the new down payment. I know things will be ok. I just needed a ear or two to listen to all my thoughts. I knew you guys would be glad to listen as always.
Thanks for your time as always,
Justin
Me: Well I have a little over 300 into it after the basement, patio, etc etc.
Agent: Well I think 270 would be good. Me: Ok We'll start at 260 then.
So she listed it 6 months ago and as I said not much. Couple walk thrus nothing of any potential. As the last 6 months go by, 260,255,250,245,and so on. I last changed the price to 243500 about 2 months ago.
Well we get back from Mexico and get a call that a buyer has been wanting to see it for a week but my agent told them we would be back in several days. So the agent ended up showing it 2 days after our trip ended. We get a call the next day that they have a initial offer. Agent comes back over and shows us the paper work. "Remember me telling you it looks like your going to be able to get out of the house with out owing even more money?" "I sure hope so, cause the 80 grand now is about our limit!" "Well I got some more bad news." "We'll lets hear it" They want(new buyer) 5k in closing cost and after all fees and commisions(realtors) it looks like your going to be paying about 4 thousand at closing. Me: So after loosing 80 thousand in cash I put into my house in 4 years. This buyer wants me to pay closing cost, plus points plus a few odds and ends. Agent: We'll Justin its the only offer in 6 months. I guess it matters just how bad you guys want to move. They also want your new washer and dryer.
Well we sat about a half hour with the agent a few nights ago and finally my wife talked me into singing the papers. Somehow I was fine w loosing the money it was already gone. I'm 29 and I imagine 80 grand hurts me as much as a 20 year old or a 50 yr old, but having to bring more money at closing :argue:. God it hurts. Also we absolutely love our house. It is perfect in size, number of bathrooms bedrooms etc. But this god forsaken area!!!!!
So the last few days it has been ruff on me. I have a little remorse signing the papers but I know it was the right thing. Also to all you guys that sent the bomb of the century, it came 2 days after this mess and I can't even tell you guys how much it told me things will be ok! Needless to say I'm sitting at my bar I hand built sipping wiskey while I type this. I took me 2 months of everday hardwork, sweat, and tears to finish my mancave. I have loved my basement like many love there 1st born. The pride I have when people sit at my bar and ask; you built this?
Well that is the big news I had coming. We have a month give or take to get every thing out. Good news is they're putting alot down and their credit looks great so hopefully we shouldn't have any snags. I'll be moving in w the inlaws(who I absolutely love). I know I hear alot from guys at work about living w inlaws but the money I'm going to be able to save over the next 6+ months should be great for the new down payment. I know things will be ok. I just needed a ear or two to listen to all my thoughts. I knew you guys would be glad to listen as always.
Thanks for your time as always,
Justin
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