Quote:
Originally Posted by UJM
It is a buyers market, amazing you were able to sell your home so quickly.
Suggestion - if needed, rent living and storage space instead of rushing into something you may regret later.
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That's exactly what we thought. We just bought the house 2 years ago and listed it for quite a bit more than we paid for it. I expected it to either not sell at all or take a long time.
After we started looking, I can see why it did sell though. It seems like every house on the market needs $20,000 dumped into it immediately because of lack of maintenance and general care.
Heck, I told one Realtor lady not to show me another house full of holes in the wall and in general degraded condition. Her boss (the owner) called me the next day and thanked me for my honesty and offered to sell me the house she had shown at a lower price plus they would fix any problems with the drywall, custom paint every room a different color if I wanted, repair the baseboards/molding and have the carpets professionally cleaned. If it had a bigger yard, I might be looking seriously at that one.
Definitely a buyers market right now. We looked at a house last night that was C-H-E-A-P!!! 2950 sq ft, walk-out basement, 4 bdrm, 3 bath, 2 kitchens, all appliances stay, oversized 2.5 car garage, with a new room, gutters, and overhangs (courtesy of the wind storm a couple years ago). They only want $50 per square foot for it. The only problem I have is it was built in 1978 and hasn't really been updated since. It has been well maintained, but it needs all new carpet/hardwood, paint, fixtures, hardware, and a good pre-purchase inspection. I also want the master bedroom away from the kids rooms.
I'll just keep looking until both my wife and I fall in love with a house. I have 2 family members that have very large homes with lots of empty rooms. Worst case we can shack up with them, split the utilities and groceries for a while, and bank away a couple thousand a month while we look.