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Old 10-14-2018, 11:25 AM   #3264
DigitalCarpenter
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Join Date: Nov 2009
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We just sold our starter home. We've had renters in it for the last 7 years. House was built in the late 70's

Our renters took better care of the place than we did so we were happy to keep them there until they had to move. They gave their notice on Sept 1st. Since we didn't want to deal with "normal" renters we decided now was a good time to get out of the market.

Highlights:
- We had over 600 views on our listing but only 3 people wanted a viewing
- 3rd viewing produced an offer, we negotiated 10k off of list and conditionally sold
- From listing to C/S was about a week.

Lowlights
- Possession date is 6 weeks after sale, this sucks as we have to eat the carrying costs
- After the home inspection they came back with "There is a lot normal day to day house maintenance that needs to be done. Please knock $500 off the price and we'll hire a handy man to do the work" In a normal market we would have told them to pound sand but my Realtor counseled to accept the condition (after he cooled off). Who knows when we will get another offer if we reject this one.

Buyers hold all the cards right now. We came away with about what we wanted for the property so we just need to put up with keeping an eye on the old place until the end of November then we can move on with our lives.
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