We closed on Friday & are renting now-- and in no hurry to buy again. Many thanks to everyone for their help & concern. Best of luck to all who are trying to sell.
"timtam," So glad for you and the lucky Buyers who got such a beautiful home! Just wondering if you don't mind answering: how much did you end up selling for? (remember after your last post that you were considering a reduction) and who were the buyers, a family or couple? I was thinking that it was a perfect size for an older couple with no children! Congratulations!
We eventually sold for $154,000 "as-is" to a single young man of 25. We never met him, but we're told that he's very nice & very happy with his new home. We wish him all the best & hope he'll be very happy there!
I guess I've never really understood why anyone that could afford a house would want to rent and just throw all that money away. I'd much rather be in a smaller house on a smaller lot and own it than to just throw my money away or give to to someone else.
Posts: 762 | Location: North Carolina Close to Charlotte | Registered: Apr 02, 2003
I guess I've never really understood why anyone that could afford a house would want to rent and just throw all that money away. I'd much rather be in a smaller house on a smaller lot and own it than to just throw my money away or give to to someone else.
Its simple: right now our "house fund" is gaining value in the bank while houses are losing value.
Posts: 373 | Location: Smith Mountain Lake, VA | Registered: Mar 06, 2007
Originally posted by kayhil: I guess I've never really understood why anyone that could afford a house would want to rent and just throw all that money away. I'd much rather be in a smaller house on a smaller lot and own it than to just throw my money away or give to to someone else.
As someone who is now renting after haing sold a home in December, sometimes there are a multitude of reasons. In my case, I have just relocated to a new state. There have been some changes with my employer such that I may be relocating again in just a few years. Before we learned of these changes, we were talking to a realtor and nothing I saw in the listings he sent us really met our needs. When we do buy, we want to buy what we want,not just what is available at the moment.
