Don't these agents check the county sales records. There hasn't been a comparable sale since May of 2010 in the area we want to buy. Half a dozen homes have been quit claimed or forced sales. That is all the movement in almost a year. No wonder the agents are so cranky.
Business is business and my money is going to get the best deal it can. Patience, I have lots of time that others who have made the choice to throw good money after bad, do not have. I realize I am not the only one hunting for the deal. I am antsy to know what the other offer was on the dive. I bet it was around my offer, just because the house is not worth much more, and the bank came back and asked if we had a best offer. The bank will eventually get it, having had two people walk away after inspection near the price they originally wanted, that their house is only worth what everyone bottom fishing is offering. Real estate is either lightening fast or slow as molasses. We are in the slow as molasses phase.
My girlfriend that buys rentals said she took almost two years on one of her deals. Tom wouldn't be happy with that time frame, but we can wait. We have lots of time. Meanwhile I surf the real estate sights looking for interesting options, always coming back to my favorites, obsessing.
When Tom's company was trying to buy other mills, it took months and months, if not years of negotiation only to be out priced each time. Banks can bid for their own assets to try and bid the price up and cover what is owed.If they win the bid, they just pay themselves and still have the asset to sell again, no loss.
It probably would have been better for me to be distracted by work then sit at my computer dwelling on possibilities. I dreamed of house plans last night. I really like Margaret's house. Designed by an architect in 1969, it is small and spacious at the same time. If we could enlarge that plan to incorporate a larger common area downstairs, it would be potentially the perfect home for us.
Tom would want the kitchen downstairs. I could still see a two apartments possibility. Duplicating both floors. In my dream I had the boys on a third floor upstairs, with a bathroom between two bedrooms. Everything was wood floors.
Too much time on my hands today. I did find the missing phone in a box in the garage. Luckily, none of the boxes were taped shut, just tossed and piled on one another. Even the garbage bags were tossed in the garage, as the can outside was stuffed full already, and on the street waiting for garbage day.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment