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SpiceGirl
Dream big
Member since 1/06 2486 total posts
Name:
j
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WWYD - re: selling house
If you weren't 100% happy with the home you lived in and along came someone who showed an interest in purchasing your home (which is not on the market).
The max they can pay is about $10-15K less than what you purchased your home for 1 year ago.
Selling would mean I'd have to start house hunting again or rent an apartment until I found a new home.
I don't 'hate' my house, but now that I've lived there for over a year...I see that I rushed into it a little bit and should have held out for my dream home.
WWYD?
1. Sell?
2 Stay put until you can get at least what you paid for it or more.
TIA
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Posted 5/8/09 4:20 PM  |
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Beck
LIF Adult
Member since 7/08 1334 total posts
Name:
still can't believe it's mommy
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Re: WWYD - re: selling house
if it was me, i would hold out until i could get the money i spent on it. if the person is interested in your home & it's not even on the market, maybe they will like it enough to pay your price
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| Posted 5/9/09 1:37 AM |
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beaviss80
:)
Member since 8/06 1552 total posts
Name:
michelle
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Re: WWYD - re: selling house
now is the time to buy, we sold our home and took a $70,000 hit, but we got our dream house that was appraised for $700,000 (in a good market) for $470,000 (closing in 3 weeks) i think its worth it!
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| Posted 5/9/09 10:09 AM |
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queensgal
Smile
Member since 4/09 3287 total posts
Name:
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Re: WWYD - re: selling house
If you think you will "save" more than the 15k on buying a new home, then it would be worth it.
I agree with previous poster - try counter offering - maybe you can get them to meet you in the middle.
Don't forget to factor in closing and moving costs for both selling and buying a new home - that can be THOUSANDS.
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| Posted 5/9/09 12:06 PM |
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SpiceGirl
Dream big
Member since 1/06 2486 total posts
Name:
j
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Re: WWYD - re: selling house
I'm definitely putting the cart before the horse here, because I don't have an offer...just someone who's expressing an interest. They said they have looked at 'every' house on the market in my neighborhood and have seen nothing they like. They want to be in before the school year starts...so, if anything does happen..it would happen soon.
Like I said, no offer yet, but I guess I want to be prepared if it gets that far.
For those who replied...I appreciate your input 
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| Posted 5/9/09 10:27 PM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: WWYD - re: selling house
that $15K is easily the commission you are saving...I would go for it - prices and interest rates are great right now - if you wanted to move eventually. It's hard to find a buyer in this market.
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| Posted 5/9/09 11:22 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
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Re: WWYD - re: selling house
With home prices being so low and interest rates low also I would sell and look for my dream home. $10-$15k is not such a big loss in todays market. Good Luck in your decision
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| Posted 5/9/09 11:40 PM |
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