My realtor found out the seller’s motivation for the house we liked. They just want to move into a bigger house. That’s it.
The house is 3 bedrooms and 1700 sq. feet. Two baths. And it appears they just have one child. Maybe they are expecting multiple babies? Like 5-6? Because I think that’s a pretty good-sized house for several children anyway. We’re a little cramped in our 2-bedroom, 900-1000 sq. foot apartment but it’s not out of control. I just don’t want to be in this apartment for long.
Anyway. They’ve only lived there for two years. I think it’s poor planning to live in a house for that brief of a time, because there’s no way they’ll get their money back on it especially in this market.
We’ll keep our eye on it for price drops but I doubt I’ll see it.
People. Do not sell your house right now if you don’t have to. You’re gunna lose your shirt.
My pal Karen told me the people of The Tightwad Gazette searched for their house for 15 months. I told Karen that 15 months is the amount of time it took for our pregnancies with our babies, plus those babies lives up until this point, basically. That’s a long time! But they were picky buyers, it seems, and they loved the house they ended up with.
And then searching for Money Saving Mom’s archives on the topic, I was reminded that it took six months for them to find their house, and it ended up having everything they wanted and more.
Patience is going to pay off for us. We were fairly patient on our van purchase and we ended up with the best value around, and I think we’ll get something good for this house.