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white perch 
LSU Fan
the bright, happy side of hell
Member since Apr 2012
1903 posts
| I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 1:54 pm)
...and it's been on the market for over a year. The best part is, it'll only cost me $25,000.
This really sucks, but I dont see the market improving any time soon.
  
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WikiTiger
LSU Fan
Member since Sep 2007
38604 posts
 Online
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:14 pm to white perch)
quote:
I Finally Might Sell My House I Haven't Lived In for 5 Months...
...and it's been on the market for over a year. The best part is, it'll only cost me $25,000.
This really sucks, but I dont see the market improving any time soon.
why not just rent it out?
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GFunk
LSU Fan
Denham Springs
Member since Feb 2011
7700 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:18 pm to WikiTiger)
Went and looked through a 2300 SFLA home that the developer in a neighborhood built. Way too big for me & my wife. Upstairs bedrooms open into jack & jill bathroom, downstairs is built for entertainment...
They had it on an auction site for $99K, and even tried to rent it for $1,650/month.
No bites, no bids yet.
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white perch
LSU Fan
the bright, happy side of hell
Member since Apr 2012
1903 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:21 pm to WikiTiger)
quote:
why not just rent it out?
Because I now live 700 miles away and I know nothing about real estate or renting/leasing. I just want to be out from underneath this house, so I will sell it for a loss and move on with my life.
Frick the housing bubble.
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white perch
LSU Fan
the bright, happy side of hell
Member since Apr 2012
1903 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:22 pm to GFunk)
quote:
No bites, no bids yet.
That's why I'm jumping on this offer. I don't know when the next one will be, or how bad it will be.
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WikiTiger
LSU Fan
Member since Sep 2007
38604 posts
Online
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:23 pm to white perch)
quote:
Because I now live 700 miles away and I know nothing about real estate or renting/leasing.
You could have hired a property manager for 10% of the rent to take care of everything for you.
Of course, the benefits of doing that depend on what you could rent it out for vs. what you are paying in principle, insurance and taxes.
Might have been better than taking a $25,000 haircut though
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white perch
LSU Fan
the bright, happy side of hell
Member since Apr 2012
1903 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 2:26 pm to WikiTiger)
quote:
Might have been better than taking a $25,000 haircut though
Maybe, but hopefully I sell it and it's done. I can take the $25,000 hit.
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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
4821 posts
Online
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 7:07 pm to white perch)
If it makes you feel better I have a client bringing 51k to closing on the 30th
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buford4LSU
LSU Fan
Thibodaux, LA
Member since Jan 2008
305 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/21/12 at 10:02 pm to ItNeverRains)
Damn, doesnt make me feel so bad that I am bringing $10,000 to my closing. Also have not lived in for about 16 months
This post was edited on 11/21 at 10:03 pm
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nolanola
Member since Nov 2010
3254 posts
| re: I Finally Might Sell My House I Haven't Lived In for 5 Months... (Posted on 11/22/12 at 10:07 am to white perch)
quote:
That's why I'm jumping on this offer. I don't know when the next one will be, or how bad it will be.
A good deal today is better than a great deal tomorrow. That great deal may not come for many more tomorrows.
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