Quote:
Originally Posted by GoinAllTheWay
Man alive.....I have always seem to have the worst timing....
Finally decide it's time to move and naturally, this happens. And all starts with selling a condo to boot, haha.
Our plan was to sell condo first, rent a place short term while we look for a home but now it's looking like we could be stuck in limbo for a while.
I'm not willing to overpay and waive things like home inspections just to buy a home, that's nuts.
ugh....what to do....
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The market is no where near this level right now. You can certainly purchase a home with conditions and there are several properties that have been listed for a while.
We went into the market with the strategy of finding the house we want and make the move on it and then sell our current house. The big risk we took there obviously was being in a potential position where we may need to fire sale our current house.
My wife wanted no part of finding a rental house and waiting for the right house so we went after the house we wanted then sold. As I mentioned in my post on the first page we ended up taking a hit on our place but it was purchased at the peak of the 2014 boom. When we entered the market though we had best case hopes and ended up getting $17k more than that and sold our place the day before we planned to list it as our realtor had clients that wanted a house just like ours.
I think making the move while rates are low makes the most sense. When we bought our place we included a home inspection and even got 90 days possession to allow us to sell our place. When we moved our place quickly we revised the possession date from mid-May to the end of March.