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Keedy 06-09-2009 07:43 PM

Quote:

Originally Posted by katezbox (Post 208166)
SS,

We are thinking of you... and only you know the price you will take for your house.

Please forgive me if this seems pushy, but.. don't get too hung up on a number. A dear friend of mine went back and forth with a (CASH!!!!!) buyer two summers ago. The buyer did most of the conceding and when she would not compromise for about $5,000, he walked - and bought a house down the street. Her house was on the market for another year before she pulled it - at way less than the $5000 differential.

Hold hands, say a prayer and decide what is the right decision for you.

Good luck.

Kate

Your right of course, we should be objective in our encouragements. We will be in the same predicament soon. I still remember the last time, which was only 4 years ago. Somehow it all comes together.

katezbox 06-09-2009 07:57 PM

Keedy,

Good luck to you as well. My cuter half and I are both from (opposite ends of) the Bay State.

k

Keedy 06-10-2009 01:47 PM

Quote:

Originally Posted by katezbox (Post 208343)
Keedy,

Good luck to you as well. My cuter half and I are both from (opposite ends of) the Bay State.

k

Thank-you katezbox. Unless things start picking up..could be another winter up here..YUK!!!!! I have been reading posts from all these nice people in LV and I wish I was down there right now...
WE had a visit in March and might come down this July. Is there a reasonable place to stay for about 4 days? In March we used our time-share in Hilton Head(It was a trade) . A nice inexpensive but clean hotel room would be nice.
Keedy

katezbox 06-10-2009 02:16 PM

The Marriott in Spanish Springs is pretty reasonable as you get a full kitchen. It is not the "full-service" Marriott, but on of their budget brands. I have stayed there and the rooms are clean, reasonably quiet (it is near the church on the square so depending where your room is you do hear the bells - not a problem for me), the staff are courteous and it is great location.

Friends of ours have family that stayed at the Waterside (Waterfront?) Inn in LSL. The rooms their run from under $100 - to very pricey suites.

You may also want to check out the Lifestyles - the cost is around $125/night (depending on the accommodations) but you get a cart, food vouchers etc that offset some of this.

Good luck

sschuler1 06-10-2009 04:46 PM

Well, their realtor contacted ours again today and said they would be willing to meet our price but they don't believe the house will appraise for that much and they don't want to spend the money on the appraisal and have us say no if it doesn't appraise for enough. So we said we would spend the money on the appraisal so they wouldn't be out the money if they would meet our offer. So we are waiting to hear back....

Our hopes are up again!!:pepper2::pepper2::pepper2:

Mikitv 06-10-2009 06:40 PM

Good Luck, SS and good idea to go ahead with the appraisal. We've already gone ahead and had one done just so that we have that information since we will be listing with new Realtor. Fingers, toes, crossed and sending prayers your way for a sale..

shazam 06-10-2009 07:09 PM

Quote:

Originally Posted by Keedy (Post 208495)
Thank-you katezbox. Unless things start picking up..could be another winter up here..YUK!!!!! I have been reading posts from all these nice people in LV and I wish I was down there right now...
WE had a visit in March and might come down this July. Is there a reasonable place to stay for about 4 days? In March we used our time-share in Hilton Head(It was a trade) . A nice inexpensive but clean hotel room would be nice.
Keedy

If the Preview isn't an option, you might try asking the salesperson you're working with to look into the Lakefront Inn. When I was here on my last trip searching for a home (which I eventually found) she told me that if I didn't find anything and had to return, she could get a discount.

Worth a try.

Good luck!

graciegirl 06-10-2009 07:45 PM

Oh Schuler. I am holding my breath for you. Please let us folks who are preparing our homes for sale know how much an appraisal is please.

I have just washed my hands from painting. We are restoring the walls to neutrals and getting rid of extra furniture and things. (I am a non clutter person, so there aren't many knick knack things.) We have replaced all of the light fixtures in this 20 year old home with updated silver or bronze. We removed the last bit of wallpaper from the last bathroom and changed the shower curtain to a more current style. I have given tons of bed linens that we don't have beds for to charity and the same with bath towels that don't match anything. I found six half slips in my daughters dresser and I thought I was on top of things, lol. (How long has it been since people wore half slips???)

We are following you in your journey.

ejp52 06-10-2009 08:15 PM

Best of luck sschuler1,good idea getting the appraisal.:beer3:

sschuler1 06-11-2009 10:26 AM

Wow gracie, sounds like you are doing lots of work right now. I know what you are going through, we did all of that too before we put it on the market. The appraisal is $350. I'm sure everyone is going to tell me that they found one cheaper, but we have worked with this mortgage company for many years and the loan officer is a friend of ours. He is doing everything he can to help us get this house sold.

ps....I wore a half slip last month when we went to a wedding. Does that make me old? I'm always afraid someone will be able to see through my skirt if I stand in front of a light or something!

katezbox 06-11-2009 10:52 AM

SS -

As an accountant turned salesperson, I am always looking at the bottom line and how to close a deal. For example, if I am trading in a car, I don't care the price of the new car or the trade in allowance - what really matters is the overall cost.

Your buyer may be able to make some concessions to you that could help fill the $15,000 gap. For example, maybe they will buy some furniture you don't want to pay to have moved? Or, they will rent back to you after the close to give you more time.

Maybe there is a common ground that you both can come out winners.

GOOD LUCK!!!!!

Kate

OpusX1 06-11-2009 11:39 AM

I think that is a good price on the appraiser. I have seen many in the $450 range. I agree with Kate. Always look to the bottom line in any deal. See if the buyer has any needs other than money. May want your lawn tractor or something like that. Factor in your feelings too. What will it cost you to stay another six months? How happy will you be if you have to spend another winter not in TV? What is your happiness worth per month? What if the market goes down more? Sticking to your guns to get your price may take another year, is it worth $10,000-$15,000 to you? In the current market getting within 90%-95% of the asking price may be a good thing. Only you can answer those questions.

Keedy 06-11-2009 01:40 PM

Quote:

Originally Posted by OpusX1 (Post 208715)
I think that is a good price on the appraiser. I have seen many in the $450 range. I agree with Kate. Always look to the bottom line in any deal. See if the buyer has any needs other than money. May want your lawn tractor or something like that. Factor in your feelings too. What will it cost you to stay another six months? How happy will you be if you have to spend another winter not in TV? What is your happiness worth per month? What if the market goes down more? Sticking to your guns to get your price may take another year, is it worth $10,000-$15,000 to you? In the current market getting within 90%-95% of the asking price may be a good thing. Only you can answer those questions.



I was going to say that but was afraid someone would jump all over me again.:shrug: Years ago I had my home for sale at a price the real estate people said was too high. I got my price with the first offer but he wanted me to throw in my sit-down lawn mower, snow-thrower and my pool table. I immediately accepted the offer as I wasn't going to bring those things to my new Condo anyways. It was a win-win situation.:beer3:

katezbox 06-11-2009 05:06 PM

Opus and Keedy,

I agree completely.

And Keedy, sorry if I jumped all over you. My husband's brother gave him some similar advice a few years back - but as a buyer in an up market. We lost the house of our dreams due to my husband following advice to "get it cheap."


k

Barefoot 06-11-2009 09:45 PM

Quote:

Originally Posted by sschuler1 (Post 208541)
Well, their realtor contacted ours again today and said they would be willing to meet our price but they don't believe the house will appraise for that much and they don't want to spend the money on the appraisal and have us say no if it doesn't appraise for enough. So we said we would spend the money on the appraisal so they wouldn't be out the money if they would meet our offer. So we are waiting to hear back....
Our hopes are up again!!:pepper2::pepper2::pepper2:

SS, smart move to pay for an appraisal. I've also had clients (owners) pay for Building Inspections to show the house is in tip-top condition.

I tend to agree with people who say "Grab any reasonable offer and get on with your life". The years are flying by. None of us are promised a long life so it behooves us to get on with the fun!

Best of luck, we're all waiting to hear the outcome.


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