Quote:
Originally Posted by CroFlames
I sold a house in Aug 2020 and it was not easy and I lost money. I thought the economy would continue to be pessimistic, yet here we are.
Probably could have had an extra $25k kicking around. Alas.
|
Did you factor in another 7 months of mortgage payments, utilities, property tax etc. into that $25K? I get where you're coming from though, but sometimes it's for the best.
I could have gotten a better deal on a home if I bought 8 months later, but then I'd have had to deal with working from home in a cramped home with young kids, crazy busy work, major uncertainty due to covid and worrying about exposure during lock down with the moving company.
You should be kicking yourself you didn't go full ape on Gamestonk in December with that cash instead.
Quote:
Originally Posted by Ozy_Flame
Meh. There's other buyers. Let people start a bidding war. 16 bookings - not zero.
Rookie mistake - taking the first offer in a hot market.
|
I'm just saying I get where it's coming from and I don't think it's as stupid nor nefarious as some of you are making it out to me.
Yes, taking the first offer is a rookie mistake... if it's the asking price. But if you read my second post, I'd counter offer 3x the amount they offered over the asking price. $20K isn't a bad sweetener at all, but I can see why jwslam didn't take it. It wasn't sweet enough with 16 bookings behind it. If it was 2-3 booking behind it instead, I think it's something I'd consider snapping up.