TargaDave
Full time employment: Posting here.
- Joined
- Jul 22, 2005
- Messages
- 588
Built our current house 14 years ago and just put it on the market since we’re headed to a “semi-ER” place we recently bought in NC. Our local modestly priced college town market is not horrible but it has definitely slowed. Interviewed 3 well known brokers (different agencies) with a suggested price range of $450k to $500k. Toured 2 other homes for sale in the nicer section of our neighborhood. One just sold after 2 price drops and the other is still on after one price drop. We bought one of the last remaining “challenge” lots in the neighborhood, designed the house, did the site-plan and did most of the interior-exterior trim/finish/landscaping work ourselves (call it a love hate relationship with home design). Sort of a period colonial with a few comptemp features an modest dose of moulding work (my hobby). With 2 kids and a biz I’ve been way behind on upkeep (too cheap to contract out) so the last 3 months I’ve been cranking full time on serious fixing-prepping-staging to sell. Our house is not your standard spec house but we figured that buyers might not share our tastes and doesn’t everyone consider a house they build “special”. Actually after 14 years I tended to focus on the flaws like a typical engineer. We listed this Tues in the high 470's, at the beginning of a two day snow storm (Murphy's law).
Sitting here right now with 3 offers after 20 some showings feeling pretty wiped out. One slightly below list, one at list and the other a few k above. All preapproved professionals with 20% down and deposits of 10 to 25k and no selling contingencies. DW and I talked and we don’t care to promote a bidding thing for a few extra bucks, basically just choose and move to close ASAP (wouldn’t you in this market?). We anticipated at least a month or two on the market so we’ll have to scramble for temp living since the kids need to finish the school year. Kinda quesy about the idea of a two month lease back though one offer mentioned something. Need to respond today assuming they don’t just disappear.
Never all roses. I messed up my back during the floor refinishing and our NC beach box is surely worth less than what we paid for it. Oh well. DW said I just need to have confidence in our rehab-design skills one more time and 30+ years from now it won’t matter any way.
Sitting here right now with 3 offers after 20 some showings feeling pretty wiped out. One slightly below list, one at list and the other a few k above. All preapproved professionals with 20% down and deposits of 10 to 25k and no selling contingencies. DW and I talked and we don’t care to promote a bidding thing for a few extra bucks, basically just choose and move to close ASAP (wouldn’t you in this market?). We anticipated at least a month or two on the market so we’ll have to scramble for temp living since the kids need to finish the school year. Kinda quesy about the idea of a two month lease back though one offer mentioned something. Need to respond today assuming they don’t just disappear.
Never all roses. I messed up my back during the floor refinishing and our NC beach box is surely worth less than what we paid for it. Oh well. DW said I just need to have confidence in our rehab-design skills one more time and 30+ years from now it won’t matter any way.
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