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Originally Posted by JohnnyM
Hi all. We are still here in N.J. We just re-listed the house and are finally getting the State, the Township and the builder to get things done. After we lost our second contract things began to happen. Unfortunately sales have really slowed. We think we will come down in October and stay until March. We will leave the key with the realtor and see what happens. I (we) can't wait much longer to be in TV. This is worse than "waterboarding". I'm happy to see (read) everyone is okay and some lucky folks are are getting their chance to start their new life in TV. I was just looking at the Guess The TOTV Star's page and brought back fond memories of what seems like a hundred years ago. Will keep you all posted; you are in our thoughts....Johnny
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So sorry Johnny the deal flopped. Good move to come down during the winter. Have you given any thought to renting your NJ home? Teachers often are looking for rentals for the school terms. We did that once when we had a home that wasn't selling as quickly as we expected and we bought another home and carried two mortgages which was quite a burden. This was many years ago, however, it still was tough to keep two homes going. It so happened that a neighbor who was transferred (in military) returned to our neighborhood and needed a short-term rental; came to us and asked if we would consider same. We took a six month lease with them which really helped until the house sold, which it did just in time for our tenants to leave. We lucked out, huh?
If you do a short-term rental, would advise you close the deal with a stringent lease and deposit, for your protection.
Hope things work out for you soon. I recently sold a beautiful condo in NH and dropped the selling price $40K less than the selling price, to get a quick sale. It sold within the week. That was just at the start of this RE slump. Timing is everything, huh?
Everyone in TOTV is rooting for you. We hope to return to TV sometime in the Fall and look forward to seeing you there.
Best of luck to you.....Barb