Hoosierdood
Grandmaster
We listed our house the first of August for $199k. It is a 85 year old 2 story farm house with a Michigan basement. It needs a roof soon, and the basement gets wet maybe 2x per year, but overall its a nice home that recently appraised for $235k in its current condition.
We had an offer within the first week for full asking price. Took it off the market, went through inspections, etc. Buyer came back after inspection and offered $20k less than original offer. I told him to pound sand, and he backed out. Ok, back on the market.
Within 2 weeks, we had another offer. This was for $195k, and we accepted it. Buyer was dragging his feet the whole time. Didn't get inspection till almost the end of the 10 day inspection period. After inspection, we reached out to the buyer to see where they were at and... crickets.
They strung us along for another week before backing out with no reason. So, back on the market it goes.
The problem is that July/August were great times to sell a house but 2 buyers jacked us around wasting valuable time. Now that it's getting cooler, the market is slowing down a bit, and we had to lower our price to $185k. And the rain that we have had lately is coming in the basement in places it has never come in before. We have had over 9 inches of rain since Sept 1.
A couple dry days should clear everything up, but its hard to show the house with a wet basement, especially when everyone wants a perfect house with no issues for less than $200k. Yeah, good luck with that. Not in this area.
Not to mention, having 4 kids, and the house has to be spotless 24/7 since showings can pop up at any time and we have to vacate the house.
I just want this thing sold. The stress is getting to me.
We had an offer within the first week for full asking price. Took it off the market, went through inspections, etc. Buyer came back after inspection and offered $20k less than original offer. I told him to pound sand, and he backed out. Ok, back on the market.
Within 2 weeks, we had another offer. This was for $195k, and we accepted it. Buyer was dragging his feet the whole time. Didn't get inspection till almost the end of the 10 day inspection period. After inspection, we reached out to the buyer to see where they were at and... crickets.
They strung us along for another week before backing out with no reason. So, back on the market it goes.
The problem is that July/August were great times to sell a house but 2 buyers jacked us around wasting valuable time. Now that it's getting cooler, the market is slowing down a bit, and we had to lower our price to $185k. And the rain that we have had lately is coming in the basement in places it has never come in before. We have had over 9 inches of rain since Sept 1.
A couple dry days should clear everything up, but its hard to show the house with a wet basement, especially when everyone wants a perfect house with no issues for less than $200k. Yeah, good luck with that. Not in this area.
Not to mention, having 4 kids, and the house has to be spotless 24/7 since showings can pop up at any time and we have to vacate the house.
I just want this thing sold. The stress is getting to me.
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