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11-13-2019, 09:58 AM | #61 | |
Shaken. Not stirred.
Join Date: Sep 2002
Location: London
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Posts: 65,558
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11-13-2019, 10:08 AM | #62 | |
The Freeze!
Join Date: Apr 2007
Location: Prosper, TX (DFW)
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I enjoyed looking at it because when we sold our house i was able to see what in our neighborhood was up for sale and i could see how we stacked up against the comp. for example some homes had dated kitchens and maybe a bigger backyard but ours was full of mature trees since we backed up to an old farmer hedge row. Thus, we were able to highlight some things that we knew other homes didnt have. its all a process and i HATE moving. Sold our home in Olathe... roughly 2400 sq ft without the basement which if finished would have added another 800 sq ft or so. were building in Dallas (moved for a great job opportunity) and getting almost double the sq ft (around 4300 total) and only paying 30k more than we sold our house for. its all about location and timing .... and gosh dangit i DO NOT want to have to move again. that was my second family relocation..that first was from Gardner, KS to Munich, Germany....sorry i digress. |
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Posts: 2,860
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11-13-2019, 10:19 AM | #63 | |
In Search of a Life
Join Date: Aug 2005
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Posts: 43,200
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11-13-2019, 10:21 AM | #64 |
In Search of a Life
Join Date: Aug 2005
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If your new buyer is trying to get their loan through Prime Lending- don't accept it. They add all kinds of cost and even tried to make us pay for a second appraisal for the buyer's FHA loan on the property we just sold. On the back end- they added a bunch of ridiculous fees the day before closing. Crooks.
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Posts: 43,200
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11-13-2019, 11:06 AM | #65 | |
Shaken. Not stirred.
Join Date: Sep 2002
Location: London
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Posts: 65,558
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11-13-2019, 12:15 PM | #66 | |
MVP
Join Date: Aug 2005
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Posts: 14,510
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11-13-2019, 03:55 PM | #67 | |
Supporter
Join Date: Feb 2001
Location: Jan Quadrant Vincent 16
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Posts: 41,473
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11-13-2019, 06:08 PM | #68 | |
Shaken. Not stirred.
Join Date: Sep 2002
Location: London
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Don't be afraid to stand your ground. |
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Posts: 65,558
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11-13-2019, 06:32 PM | #69 | |
Would an idiot do that?
Join Date: Nov 2000
Location: Arizona
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I've had to haggle as little as ~3% of the cost to ease buyer's remorse if they didn't negotiate first... and not just moving money around to make the down payment or loan work or whatever... but actually having to discuss what amounts to like $15/month on a 30 year loan on a house that will probably be sold within 5-10 years. Yay, I saved $5000! ....uh no, you probably saved $1200 over 7 years while narrowly escaping a fist through your throat*. *you know, metaphorically |
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Posts: 55,760
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11-18-2019, 06:04 PM | #70 |
MVP
Join Date: Aug 2017
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I had a mmillionire in the packaging business who was helping to buy a house for his daughter who got blown out of shape with a negotiation within 4 hours of closing clause. He told is daughter not to sign it, she told me to send it to their agent and later signed it, Dad appeared at closing, try his bullshit, "you have to sell so we will take about $5 discount and was promptly presented with a 15% increase in price and the deposit becoming non refundable if negotiations occurred at the closing table.
I gave him $5K discount and his daughter gave me a $22K void of contract settlement in return. He was happy saving his daughter $5K, she was happy getting what she wanted and I grinned for 15 straight at te dickhead without laughing. The Dad forgot telling me this at his his grand daughters BDay party 3 years earlier. Having a renter who was eager to move into to my next house was my answer to negotiating. |
Posts: 13,669
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11-18-2019, 06:17 PM | #71 |
In Search of a Life
Join Date: Jan 2016
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This is not true. I have sold 3 properties on Zillow. I had them respond by email, and I had a sign in the front yard with my number and a flyer. Most who use Zillow drive by first and then get a flyer and serious buyers call you direct. I've sold the properties all in less than a month. Others disagree, but I used an appraisal and discounted 2-3% if they had no realtor. The appraisal cost between $350 and $450 and give immediate credibility to the price. Selling a property on your own is not very hard these days if you have an financial background and have an excellent handout that walks a buyer through the process with their lender. Lender's don't mind because they know the customer has more room for LTV.
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