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My latest adventure.

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Postby SeaWolf » Tue Jan 24, 2006 4:12 am

flotsamnjetsam wrote:WOW! That was fast. Was it underpriced? If not, that's awesome that it sold so fast. Good luck in your new house. You'll love the extra space.

;-D


NO. The other two offers wants to stack thier closing costs into thier loan. That would have had to make our house appraise for $145,000+. There was no way that would have happened. We could have priced a few thousand dollars more, but we wanted our house to sell. I would have like to profit $100,000 over our price from 7 years ago, but I'll take $95,000. :-b
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Postby Redskins Win » Tue Jan 24, 2006 10:05 am

SeaWolf wrote:
flotsamnjetsam wrote:WOW! That was fast. Was it underpriced? If not, that's awesome that it sold so fast. Good luck in your new house. You'll love the extra space.

;-D


NO. The other two offers wants to stack thier closing costs into thier loan. That would have had to make our house appraise for $145,000+. There was no way that would have happened. We could have priced a few thousand dollars more, but we wanted our house to sell. I would have like to profit $100,000 over our price from 7 years ago, but I'll take $95,000. :-b


I find that to be weird that rolling closing costs into their loan would depreciate your homes value. When I bought my house, 1 year in april, I rolled everything into my mortgage. the only out of pocket expense for me was the home inspection. I got the house for the same market value it was listed for. I actually made money at closing because the peeps I bought from lived in there for a month, so I go one months rent at closing. ;-D and my good faith money back.
BTW the value of my house has gone up 70k or so in the time Ive been there, in the 10 years the guy I bought it from, it only went 100k ;-D

BTW2 Congratulations on your sale. it's good to have some cash now to put into all the things you need to do on your new home.
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Postby knapplc » Tue Jan 24, 2006 10:26 am

SeaWolf wrote:We had three offers Sunday morning. Had to rush into the office Sunday morning before I left for the game to sign paperwork. Got full price. Bad news is the lady who purchased the house wants us out this weekend. :-o

Get to live with my parents for 5 months. :-P

That is 100% awesome! Congratulations on your sale!!
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