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09-20-2021 10:12 PM
09-20-2021 10:39 PM
Don't know what "mess" you refer to. I would say 8 out 10 here are sold within hours as "cash" deals. Keep in mind, these "buyers" know the "sellers" personally most of time and of course, have lived here years. All aware of HOA and fees related to deeded community.
In addition, including myself when I bought I hired home inspector, title company and day of closing wired funds to seller. I knew the seller as they reached out to us knowing we were renters wanting a home on golf course. (There was no obligation to buy on our part but loved the view and home.)
I paid asking price to seller, title company did all the paperwork and check for property liens, etc. (no lawyers needed here). It was the fastest smoothest transaction for a home I've ever had.
It took 32 days from offer to close.
to @dimin with regards to @ECBG friends situation. Although, I highly doubt they are "paying the difference between home prices" most likely they close on one home and buy the new one.
And you'd be surprised how many people are well versed in buying/selling homes (many here have been bought thru Zillow, FSBO or realtor dealing directly with buyer not "physically" seeing the home). Many of my family members, including me sold my home using Zillow as FSBO. IMO in this instance @ECBG it appears both parties are agreeable to the terms and perhaps if using agent they are handling both transactions.
I personally was happy to put 7% commission fees in my pocket vs. the realtor, but, if I was buying outside my community I'd definitely use realtor. (we also have of course realtors listing homes they go just as quick🙂).
09-21-2021 08:36 AM
As it happened, my friend looked at the house when she saw the "for sale" sign. She may be handling her own house though.
09-21-2021 08:39 AM
When you buy a house, don't just go wtih the "home inspector"--hire a real engineer or some structural specialist that you pay and be sure to include that inspection also in the contract.
They will look at the major structure for problems rather than turning on the water and making sure the oven works. It is worth every penny.
09-21-2021 09:22 AM
@ECBG wrote:Thought I would share a "funny", ladies!
I got a text from a friend a few hours ago. It seems she just looked at a larger house 3 up from her house on the same street and is going to buy it!!!
As it turns out, the owners of THAT house are going to buy her house!!! What a HOOT!!!
My friend has had several children and a basket of grandchildren. She will put that large house to great use!!!
I would never buy/sell. This house was built around my antiques. We edge up to protected land for the dog to walk.
Her move takes place in mid December (horrors!!!). If I couldn't put up a tree, I would be miserable!!!
Would YOU do what "friend" did???
@ECBG I understand your attachment to your house since it sounds perfect for you and Shadow. I also think your "neighbors" have a perfect deal since their house is sold and no worries about moving w/ 2 mortages waiting for a sale. When your house is sold, you're free to move on to a newer house without that concern.
December wouldn't bother me at all, except for your cold and possible snowy weather. I just can't think of having to pack up everything we own any time of the year!!
***When our kids were quite young, we moved from a smaller house to a larger one we built down the street. The previous one sold quickly and our only concern was getting the new house move in ready before the other folks wanted to take occupancy.
Building the house we live in now was not an issue either. The other house was sold and this one ready to move into shortly after. Since the kids were out and on their own, there was no rush to unpack, concern about school districts, etc.
09-21-2021 09:38 AM
We're in a strange situation with owning this larger (too large) house now. Everyone in our neighborhood is 20-30 yrs. younger with small children. The couples our age have downsized. Since DH is still working at 77 and this house is only a mile from his office, it's convenient for him to go back and forth to pick up paperleft behind or meet clients at weird hours. He doesn't want to move.
My take: downsizinf would mean a place where we would have 3 bedrooms...leaving a room for his study, another for my studio and no guest room for the grandchildren to stay over...which they do frequently. There's also a shortage of houses here, but ones in the price range of the our house have had bidding wars and this is THE time to sell. Another thing to consider: Do I want tomove twice? Now moving to a smaller house with anothermortgage at our age and DH hopefully retiring soon or waiting a few more years and making the move near our son (in a retirement community) where he could easily be available if we needed help. Those communities are quite expensive here and places are purchased not rented...again another mortgage when DH could be 80.
09-21-2021 09:50 AM - edited 09-21-2021 09:54 AM
@dimin wrote:
"And here its "word of mouth" no real estate agents or signs - "
The paperwork would be confusing for me. I guess they just pay the difference between the two houses.
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I guess that's called "for sale by owner" no agents involved but only real estate lawyers.
Very common in Florida.
Sometimes both closings are done the same day.
09-21-2021 10:22 AM
We moved into our first home in December. There wasn't a lot to fill up this big home as we moved from an apartment. So, we bought a very large Christmas tree and stuck it in the middle of the living room.
Worked for us, lol.
09-21-2021 10:23 AM
Good to hear from you!
Our son wants this house and of course the location with the adjoining protected land. He says this is the "most perfect house ever built (of course, his momma designed it!).
The house she picked out is prefect for her life style and her larger family. They had three children, and many young grandchildren.
It's a lovely home, but rather "white" for me, lol!!!
09-21-2021 10:23 AM
@ECBG - people in my commlunity did that a few years ago. They swapped a villa for a house on a cul-de-sac.
Seemed to work for them.
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