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Originally Posted by KSSunshine
Similar story, but we used the Villages Relocation Services who provided the names of two realtors in our area to interview. We selected the Realtor we thought could do the best job and had actually suggested the lower of the two prices. (We challenged the recommended price, but realtor was sure it should sell for that.) Unfortunately, the house was listed too high and still hasn't sold. Decided not to use Relocation services and have now relisted with a new Realtor and $15K lower. Since the house didn't sell, hubby didn't retire. So we cancelled the second half of our vacation so he could be back at work for a project. So the moral of the story is to make sure it isn't over priced.
We had been encouraged by the Villages Realtor to take a bridge loan back in October, but are pretty conservative in our finances. Glad we didn't go down that rabbit hole!
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We are also very conservative (in previous life both accountants) and decided against the bridge loan so we have decided to wait a while. We need to make some decisions first including whether we continue to own in RI. Also in our section of the Villages especially with Soulliere now selling there are many courtyard villas on the market. We’ve gotten an estimated sales price for our villa from our Villages realtor but that price is as high as brand new homes at Soulliere. We’re thinking that with the southern section of the Villages moving north there will be a good supply of homes available for years. No sense rushing into anything that we will be sorry for. Plus if we had to stay in Phillips villas that wouldn’t be a bad thing either.