Post by EloiseWeenie on Mar 15, 2013 15:38:26 GMT -5
People came back and looked at our house again. Our realtor texted us and thinks we'll probably get an offer today or tomorrow. My emotions are a mix of "Squeeeee" and "Oh Shit!" Fingers crossed it's a good offer and we won't lose money.
So, ummmmmm, I have no idea where we're going to live. I've been making a list of houses- and I'm happy I know our real budget now. I wish we could swing another $20k, but the risk isn't worth it. We may not get our forever home, but anything larger will be an improvement! Luckily, we can move into my parents' beach house if we have a long moving window. It's a 40 minute commute for H, but it will be nice to be mortgage free for a couple weeks, LOL.
Post by EloiseWeenie on Mar 15, 2013 20:14:19 GMT -5
We got an offer. Since we're slightly underwater, we only want to come to the table with so much money. This leaves us close to the asking price. We gave our counter, and we'll hear from the buyers this weekend or on Monday. If it doesn't go through, we'll look into renting again. Once we have more of our mortgage paid off, we can sell it again- or keep it as investment.
I want to be off of this roller coaster. I'm ready to get settled in, but not willing to give our current house away. This is why we've been trying to move for years, LOL.
Post by EloiseWeenie on Mar 17, 2013 18:10:12 GMT -5
They ended up saying they'd pay full asking price, and we just finished signing the contract. Squeeeee! We still have to bring $ to the table (which really sucks), but c'est la vie. Now we have to make sure it appraises for the buyer's loan value. So we're under contract, but still in iffy territory, LOL. I'm in shock!
I don't understand what any of that means, but it sounds positive. So YAY!
LOL. We had our house for sale, and had it listed for pretty much the lowest price we could take. We bought our house in 2007, during the boom. Houses were going under contract the same day they came on the market, and often for more than the list price. Because of this, I don't know if we'll ever get what we paid for it
So, in order to close, we wanted to try to break even with what we currently owe, as much as possible. We are willing to bring a little money to the table, so we set our max amount. The buyer was willing to work with us, so we don't have to bring more than what we're willing to pay out of pocket to get our house sold. It sucks to lose $3000, but we know how lucky we are. We have family and friends that would have to pay well over $50k to sell their house.
Post by EloiseWeenie on Mar 18, 2013 12:14:06 GMT -5
Thanks! That's what we keep telling ourselves. Also, the rental market here is insane, so if we compare numbers to if we had rented, we're coming out ahead. It would have been awesome to break even, but I can't complain when my brother is $75k underwater.
We're going to look at a couple houses on Thursday, and I'm getting excited!
Post by EloiseWeenie on Mar 20, 2013 7:37:58 GMT -5
I didn't know you were looking for a house! That's great! I honestly have no idea where we'll be living, LOL. We're going to look at houses tomorrow, while Hunter is at preschool. It is hard looking at a bunch of places with 2 littles.