[Becky]

Very discouraging! Have decided I will list my home with a realtor in the spring after I move out. Doesn't sell - will go from there. Don't want to be in it when it is shown. What I get, is what it is worth. Like I said, I have lived here for 34 years so can't loose. I hope! Too bad that houses here won't sell turn-key. I have found that I have everything I need in my new home in TV. It is amazing how much stuff you can find that you can live without! Down-sizing big-time!

Thanks for all the info!

Becky

[ouma1938]

Like you Becky I am very anxious to sell and get down to TV. Rather than wait around we have decided to lower the price by $100,000 this week and go for broke!!! I am a realtor and the listing agent and I believe that this will work. This is the time to buy in TV so while it won't quite offset the loss it will some. The most important thing is that we are not getting any younger and I want to get on with the next (and best) phase of life sooner rather than later. Losing some of the profit on the house here is not fun but TV definitely is fun. So with prayers, St. Joseph buried in the yard, and some very positive thinking we will be Villagers by the end of this year!

[Peachie]

Good luck to you, Becky and Ouma. Ouma, we took a good size hit on the sale of our large home one year ago and it felt so good to be done with that transaction. And the price would have been even lower today so if you wait it could be even less. The Villages awaits....

[rshoffer]

If I was faced with something like this I know I'd stay put. If I didn't have an emergent reason to move I'd be darned if I'd discount my home that much. Do some cruising or traveling.... rent in TV for a month or so. As stated, think outside the box but don't throw 200 thousand dollars away.

[Peachie]

Rshoffer, they may not be discounting their home. Their newer price is probably the correct value of their home, the new truth about housing. The Villages have maintained a good deal of their value but a close examination of most home prices show dramatic drops which may not recover for years. They would be recouping a good deal from the loss by purchasing at the current prices in TV's and live the life of which they dream.

[NJblue]

A realtor related to us about how one couple intentionally underpriced their house by $100K to create "buzz". It worked and they had multiple offers immediately. The resulting bidding war drove the price back up to approximately what the perceived fair market value was. Seems kind of risky to me, but perhaps sometimes it takes out of the box thinking.

We had an interesting thing happen to us. Just yesterday we told an agent that we planned to list with him, but wanted to do some additional things to get the house ready to actually go on the market. Today, even before signing the listing agreement, he called me at work to say that another agent in his office has been working with a couple who are anxious to buy a house in our price bracket and would it be OK to show the house to the agent in 20 minutes! I hurried home and picked up as best as I could in 10 minutes and then let them in to see the house. The good news is that she thought her client would be interested, but the bad news is that now our timeframe to get it ready to show to a potential buyer is just that much more compressed. The other bad news is that we were hoping to be able to stay in the house through the holidays. If this works out with these buyers, that could be a problem.

[Peachie]

NJBlue, what wonderfully good "bad" news. Hope it sells quickly for you.