Bad offer.
Not just low... obnoxiously low. 70% of asking price... which by the way is priced fairly and 30K less than our neighbors house which was just put on the market yesterday. We're looking at selling the lot since that seems to be the major hiccup... everyone wants the house and lot as one deal at house price. Sadly that ain't happenin' seeing as the lot is worth 60K and that's what we paid and that's what it's worth today. I'm looking at moving the fence to just enclose the house & it's parcel so the lot is clearly A SEPARATE LOT... not just a big bonus yard.
I'm crazy disappointed since these people came 3 freaking times and seemed serious... even their realtor apologized today for the bogus offer. Kind of wish I hadn't gone to Cost Plus World Market and window shopped for our new house yesterday. That just made it hurt more.
Oh and no word or movement on the Ann Arbor house either.
Oh and all the apple trees that line our property dropped their apples while I was gone and it smells you're swimming in a barrel of apple cider vinegar at our house now (not good).
Gah!
Who knows when I'll be back.
Kind of wish I hadn't shut off our internet & tv.
Seriously, what was I thinking?!!!!
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9 comments:
So sorry you are having such an AWFUL time with the house selling...
I hope things get headed in the right direction!
I'm so sorry that it didn't turn out the way you wanted. It totally sucks when you're disappointed like that!
I hope things turn around for you soon...you deserve some much needed happiness!
I think you should definitely change the fence. The real estate taxes on the extra lot are basically nothing and you can deal with it later, whenever you want. Perhaps in a few years you might even build a house there and sell it. But I think most important is to rent/sell the house and you will do better by showing a "normal" lot. On the listing, it should ay, extra lot available for purchase. And your stupid broker should also have it listed as an extra lot, with its own listing.
Good luck! Thinking of you with these RE woes.
Agreed re: "stupid broker"
It's actually not our broker's fault we didn't list the lot by itself. The guy we bought it from (lives on the other side) has first dibs if we try to sell it on its own. He's the guy who will buy it in August if the plan goes into effect.
We can only sell the lot WITH the house, or the house by itself.
You can still list the lot, just make certain the listing contrac does not include your neighbor, so if he buys it the broker gets no commission.
Also, if the neighbor has first dibs, doesn't s/he have to match the best offer? So get a good offer- if you can- listing is free.
I'm sorry to hear about that. There was an article published today that said “Buyers feel they’re not appreciated for simply making an offer,” Ms. Baldwin said. “And sellers feel humiliated and even angry. They expected to do better.” At least you know you're not alone! It's just a bad time to try to sell a house. Here's a link to the article if you're interested. Good luck!
http://www.nytimes.com/2010/06/17/business/economy/17slump.html
Asshats. Seriously, what kind of realtor takes an offer like that from clients and presents it, then apologizes for it? She/he should know better than that.
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