Thread: deposit anxiety
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Old 04-22-2011, 06:00 AM
BluesToneDan BluesToneDan is offline
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Just think positive and the right buyers will buy your home. We put our home on the market in mid-December and then left for TV until April 1. Our "friends" and family said there is no way our home would sell in this market and particulary near the resort area in which we live. We returned from TV without placing a deposit down on the lot as we were told the "rules" had changed and no longer could we "transfer" the money to another lot or home after one year. So, being conservative as we are, we wanted money in hand before we contracted or put a reserve on a lot. That, it appears, will happen in 45 days as our house sold 6 days after we came home, so TV here we come too! My only, unsolicited comment, is to make sure the home is priced properly and you have a good agent. There are many homes in our area still for sale as they are sticking with prices that were good several years ago and will not accept the downturn in value of homes in the U.S. All the very best of success to you. We reduced our home as we added great value on the other end for us to be in TV for lifestyle and quality of life reasons.