Capt_Cully
Active member
Oh man, it's agonizing. Basically, if we can't sell by June 1 we're sunk. We have a house we want. Owners are holding until June for us at a reduced price. If we don't sell, they have to put it on the market and the price will go up to cover realty fees ~6-7% which could push it out of our price range. That last fact could be compounded if rates increase as projected.
Our neighbor across the street sold their house in a week with multiple offers for $25K OVER asking. This is a niche neighborhood and very desireable to many, but as you say, tough times.
If we can't sell with Obama giving people cash, low interest rates, the hottest time of year in CNY for Realty statistically being spring, in a desireable neighborhood, I don't know what else we could have done.
Our neighbor across the street sold their house in a week with multiple offers for $25K OVER asking. This is a niche neighborhood and very desireable to many, but as you say, tough times.
If we can't sell with Obama giving people cash, low interest rates, the hottest time of year in CNY for Realty statistically being spring, in a desireable neighborhood, I don't know what else we could have done.
