Could you have had $55k? $65K? $75k If you'd asked more? To me, if you're having that many showings, people are seeing your place as a smoking deal, not actually what it's truly valued at. That's just my opinion obviously...
Originally Posted by gregaf3
I'm sorry, should you really be giving real estate advice? Isn't your hose still for sale?
Mine can sit on the market for a year as far as I'm concerned at this point, I'll be just fine. When I say I'm broke, I'm far from it and still sitting WELL above the national savings account average balance that's for damn sure! LOL I'm not going to lower it to the point where I've got a bidding war on the place.
If I was hurting for cash, I sure as hell wouldn't have spent $25K cash on vehicles in the last two months and dumped another $8K in cash into my house out in Az. Remember, my only debt is houses, not cars, credit cards, student loans and crap like that... I actually just got my van title in the mail today!
BTW, if you bought 3 years ago... You bought in a CHEAP market. I got my place in '06... Tad different scenario/market when it comes to profit cause of when I bought. My money is coming because I've paid off almost half of my mortgage in 8 years. Technically, I'm taking a loss on it even if I get a $30K check when it sells. My place here in Vegas... LOL, I just had it appraised. I'd feel guilty if I sold it now compared to what I paid but dgaf cause I'm not moving. My goal is 100% debt free life including houses in 7 years.