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I Finally Might Sell My House I Haven't Lived In for 5 Months...
Posted on 11/21/12 at 1:54 pm
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.
This really sucks, but I dont see the market improving any time soon.
1
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?
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.
They had it on an auction site for $99K, and even tried to rent it for $1,650/month.
No bites, no bids yet.
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.
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.
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
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.
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
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 11/21/12 at 10:03 pm
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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