A picture says a thousands words? Yes indeed. Update on my post from 10/26. This house is for rent now. I can't help but shake my head. Not in satisfaction, but more like "what a freakin shame." We are trying to get in touch with her to let her know that we are interested in buying the house on owner financing however, she will not return our calls or emails.
It's just as well. Quite frankly, I'm not all that interested in taking on the drama of this house. It cost us close to 10 grand to move from here (where we offered to stay until she sold it) to our new home (where we had to move because she knew that the reason this house wasn't selling "was because she had tenants".) With the new house, the deposit, the movers who couldn't make it up our long steep drive (so they took 2-12 hour days to move us) we were tapped out for this move.
Seller Denial: 50K and counting. What a freakin shame.
Wake up and smell the... the... for sale signs people! It doesn't matter what you are listing your house for - now. There are not many folks out there that can even get a loan right now. And those who can qualify- are not that gung ho to buy, or just don't feel the pressure to do so. As Bruce Norris says, the housing market that we have seen is only the tip of the iceberg!
This is why my strategy is to buy the houses that can stay in their existing loans and putting them into a trust and then we can "lease option/rent to own" on steroids. Batta Bing Batta Boom. Everyone wins. Sellers sell, buyers get to buy.
