Sunday, April 18, 2010

Very frustrated


Our 2nd bid on a house has fallen though. This time the owner's lender will not commit to when or how much the short sale will be. It most likely will go beyond the June 30th cutoff to get the $6500 tax credit. This house was neglected and needs a garage so it would be another $25+ grand to get it in shape. The septic needed a $1000 pump.... And on and on....
We have spent 3 days going thru hundreds of homes on the internet.
Our criteria: Not in a town, separation from neighbors (spell that reduced dog noise), taxes under $2k, 1500 min. s.f. house (that is 600+ less than this house), within 20 miles of shopping, medical, jobs (for sister in law, NOT ME!), 1+ acres, within 60 miles of our daughter, in semi-decent shape (there are a lot of bad ones out there), DW or modular homes are OK, a garage, shed or barn for the bikes/car, not 2 stories (getting too old and been there done that), 3 or more bedrooms, a least a few trees (there are a lot of barren lots), and a place to park the RV. (That is more than I thought, hummm?)
Now this house and the "For Sale By Owner" is getting good response. 1-4 calls a day, 1 visit a day and a couple of families that can afford this home. Keeping it maintained, clean and available is going to eventually sell it. Many want a low price, owner financing but don't have a decent down payment, want a cheap interest rate, and 30 years (we'll never live that long) pay off. Ya right.... We not the idiots like the feds did to the housing market!
Were hoping we don't have a place to live, if this house sells.... I good situation, it is much easier to buy than sell.....

2 comments:

LMRFrench said...
This comment has been removed by the author.
LMRFrench said...

What are you trying to say in the last sentence?

My requirements:
10 or less miles (20 is too far) for
something to do, shopping, doctors and hospital.