Italiahaircolor
Ideal_Rock
- Joined
- Dec 16, 2007
- Messages
- 5,184
My husband and I listed our home for sale 29 days ago...
We had a man come through yesterday, and he wants the property. He has been our only showing, so we consider ourselves lucky. Problem is, he wants (according to our agent, who is also his agent) to offer much less than our asking. Apparently his financing has been all over the place and his approval has dropped in the last couple of months for whatever reason. He found this out as they were sitting down to write a formal offer...he walked away to sort things out, but is still dead set on the house.
We listed the home slightly above our bottom line, and we don''t want to "give the house away"...that was always our thing.
We have had our eye on a certain property...which was the driving force in selling our home. It was a foreclosure way below market value. We loved the condo, the community and wanted to move there in the worst way. Sadly, however, we found out that the property went into closing contingency yesterday...the bank is still accepting back up offers, but for the most part it has been sold.
We know in this market it is bad business to turn away a buyer...and if this guy can work his stuff out, he very may well buy our home for our bottom line after negotiating with him. He actually found our agent by finding our property...he''s very serious. But the problem comes in with the fact that he needs to be moved in by April 1st...which isn''t exactly a quick closing, but it''s not long either....and we don''t have anything else to buy. Nothing.
We''ve looked at other homes, but I haven''t fallen in love like we did with the condo in the clubhouse community. We are very picky. My husband wants to open our search to larger homes...but I don''t want nor do I think we need anything large. My husband feels that we''d find something amazing if we weren''t closed off to all options...but my issue is that I don''t want to be responsible for caring for a larger home. I also don''t want to be rushed. I''m scared, to be perfectly honest.
We''ve heard rumblings that other foreclosures from the builder may be going on the market...but since the bank doesn''t flood the market, the timeline is all questionable.
So....
We had a man come through yesterday, and he wants the property. He has been our only showing, so we consider ourselves lucky. Problem is, he wants (according to our agent, who is also his agent) to offer much less than our asking. Apparently his financing has been all over the place and his approval has dropped in the last couple of months for whatever reason. He found this out as they were sitting down to write a formal offer...he walked away to sort things out, but is still dead set on the house.
We listed the home slightly above our bottom line, and we don''t want to "give the house away"...that was always our thing.
We have had our eye on a certain property...which was the driving force in selling our home. It was a foreclosure way below market value. We loved the condo, the community and wanted to move there in the worst way. Sadly, however, we found out that the property went into closing contingency yesterday...the bank is still accepting back up offers, but for the most part it has been sold.
We know in this market it is bad business to turn away a buyer...and if this guy can work his stuff out, he very may well buy our home for our bottom line after negotiating with him. He actually found our agent by finding our property...he''s very serious. But the problem comes in with the fact that he needs to be moved in by April 1st...which isn''t exactly a quick closing, but it''s not long either....and we don''t have anything else to buy. Nothing.
We''ve looked at other homes, but I haven''t fallen in love like we did with the condo in the clubhouse community. We are very picky. My husband wants to open our search to larger homes...but I don''t want nor do I think we need anything large. My husband feels that we''d find something amazing if we weren''t closed off to all options...but my issue is that I don''t want to be responsible for caring for a larger home. I also don''t want to be rushed. I''m scared, to be perfectly honest.
We''ve heard rumblings that other foreclosures from the builder may be going on the market...but since the bank doesn''t flood the market, the timeline is all questionable.
So....