Fresh off my trip back to Portland, my wife and I have decided that (as I'm currently unemployed), I will become our own independent agent and devote most of my time towards marketing and selling our home. I wanted to toss a few things out to you and enquire as to if you think I'm on the right track: My "goal" is that we walk away without have to pay anything at closing. Here are a few details: 1) We owe a total of $184,000 on the 1st and HELOC mortgages 2) On a cursory level, the house has appraised at nearly $200,000 HERE 3) As a marketing feature I'd like to offere a 1-year warranty on all systems/appliances 4) I'm "toying" with the idea of offering "seller pays all closign costs" as another marketing tool 5) I'm looking into the various FSBO websites, as well as Craigs List as to get the home on the internet I'm hopeful that we can sell the house right around $189,900 to break even (although, I haven't yet determined what the total closing costs will be. That said, even if I have to pay out a couple thousand bucks in order to get a quick sale, I'll do it.) Once the house sells, we'll rent an efficiency, then secure jobs in Portland before we pack up and head outa here.. (PS: My wife has awesome skills as an executive admin assistant, so if she gets a job out there prior to the house selling, she'll head out ahead of me.) Thanks, man ABM
not to butt in here, but housing values are SHIT pretty much everywhere. my house is appraised at 224000, but probably worth 180k tops on the market right now.
Yeah, I have a fairly strong feeling I'm going to have to swallow some pride/dollars on this one if we're to get back to Portland anytime soon.
ABM, let's continue this discussion off the general board via e-mail. I had your work e-mail but not your personal one. E-mail me at negativealphaproposition@hotmail.com and we'll chat. I just sold our house in CO (we used the downturn to upgrade) even though I'm not licensed here. Allow me a bit of time to write responses to you as I'll probably sit down tonight and really bore into it.
BTW, I think DaRizzle is actually a residential realtor (I obtained my license to do commercial work). Even though he has poor taste in favorite basketball teams, he can probably give you some good advice in selling in bad markets.
