Well it is the beginning of February and our house still hasn't sold, and we haven't received any offers tho lots of showings. We had it off the market for a couple of weeks after our contract expired mid-January as we had renters in. Our renters let us know that they were leaving at the end of the month, not surprising but still disappointing, so it's back on the market for 10K less.
The "very interested" buyer that our realtor was also representing is apparently still "very interested", but hasn't made any move. I just sent my realtor a text asking what their deal was, and she got back to me and said they are working with getting financing (realtor's daughter is a mortgage broker) but they are slow to get info to her, and said they were nervous about the decision but she's refreshed the bug in their ear.
I'm 95% sure nothing will come of these individuals, but who knows.
The kitchen needs a reno, we did our best on that, painted all the random cupboards white, ceiling is all done with pot lights etc. Flooring is horrid - 1/2 laminate, 1/2 old vinyl (we took a wall out in the middle to make a bigger kitchen). It's also uneven (no rot...just an old house), we are considering throwing down some floor leveler and spending a grand to install vinyl that matches the hallway and laundry room. Would definitely make it look 100 times better. The upstairs master loft also needs flooring (it's about 700 sqft), so even if we lucked out with something decent (2$/sqft) it would cost us 1.5-2K to do that not to mention time (we now live in another city, 1.5hrs away).
We initially bought the property for 107K, dumped in another 100K (massive reno, added the upstairs, landscaping, some of this went to living expenses as well as I was casually working for a couple years when my first son was young so we were going in the hole....not a lot of decent paying jobs in that town). We paid it down to 138K over the next 5 years. We're trying to sell for 309K (was 329, but have dropped). We took 100k out in equity for our new house so we owe 238K. In my head I want to walk away with 60K to invest....but I think I need to let this # go and be happy with whatever we can for it..
We either dump another 5K into the house and potentially have to drop the house to below 300K or just leave as is and drop the price.
Or move back there, we could probably sell our new house here pretty quick for what we paid for it, minus closing costs and live in a cheaper house in my hometown (where I don't wanna live and won't be able to get my old job back).....I keep saying this to my hubby, mostly as a joke, but sometime I feel like this house will be a yolk around our necks forever and we'll end up doing just that.
Must be Monday....I feel like a complainy pants.