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Old 05-29-2007, 02:17 PM
 
Location: Charlotte, North Carolina
39 posts, read 188,982 times
Reputation: 30

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We signed on our house on Jan. 31st of this year and are already wanting to sell. Matter of fact, the first 2 people came and looked at it today! LOVE the house, but Charlotte, North Carolina...........not so much. So my answer is 4 months!!!!
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Old 05-29-2007, 02:20 PM
 
Location: wrong planet
5,128 posts, read 10,261,550 times
Reputation: 4191
Hi McMartian!
The windows at the house are newish (nice double pane windows), not the newest and I think some triple pane windows would help, also some blown in insulation, but not sure how much and since it would be a big expense, not sure if it would be worth doing all that. After all the current windows are nice. I am pretty noise sensitive and it is strange, how some people aren't bothered by the noises here and some are. We had a couple over recently and one of them said they could understand why I was bothered by the noise, the other said she could live here! So I suppose some people just are not as sensitive as I am. The road is in front of the house and there isn't all that much room for shrubs, unfortunately. Right now we are thinking of possibly putting the house on the market in mid August and keeping it on for 3 months to see what will happen. But if the market gets even worse than it is now, I don't have much hope. It is a nice house though and strangely enough there was a sign that the realtor had left up and a couple showed up at our house, wondering if it was for sale. At the time (this was the first week we were here!) I thought I would get used to the noise and told them it wasn't, but they could have a look at it, since they really wanted to see the inside. By the time we decided we DID want to sell it, they had purchased another home. When we talked to them again, turns out they would have purchased this house, never mentioned the noise and they live in this town, so they know the traffic patterns, darn....!!!
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Old 05-29-2007, 02:21 PM
 
Location: wrong planet
5,128 posts, read 10,261,550 times
Reputation: 4191
Scorpio, wow, that was fast, think we might be just as fast, LOL! Funny, everyone seems to be moving to NC and you want to leave. Where are you heading to? We moved from MD to MA and other than the traffic on our road, I love it here, so we will be looking for a quieter place not too far from here.
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Old 05-29-2007, 02:34 PM
 
Location: Charlotte, North Carolina
39 posts, read 188,982 times
Reputation: 30
Katz ~ I know everyone is moving here, that's one reson we want out! I didn't realize NC was as the new "It" state. We're doing alot more research this time! My father-in-law lives in Rowley, MA (30 minutes outside Boston) and we love it in Mass, but it's expensive. It's still in our "Top 3" though.
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Old 05-29-2007, 02:35 PM
 
Location: Charlotte, North Carolina
39 posts, read 188,982 times
Reputation: 30
PS ~ I have a post titled "Tell us what state to move to" that explains it all.
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Old 05-29-2007, 02:38 PM
 
Location: wrong planet
5,128 posts, read 10,261,550 times
Reputation: 4191
Scorpio, oh, I just saw that thread... have you thought of central MA? We live near Worcester and it is fairly reasonable here, as far as home prices. Best of luck to you! At least it should be easy to sell your house ;-)
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Old 06-26-2007, 09:16 PM
 
Location: IN
98 posts, read 534,856 times
Reputation: 89
katzenfreund, golly did you ever hit on a sore topic with me. I feel the same as you do. Man O' man I hate this house and am ready to let it foreclose or go bankrupt or just plain run away and pitch tent somewhere. I had no time to make decisions when I bought it. Was forced to move or buy the place I was in. I had about 2 months maybe 3 to pack and find a place.
This is the money pit, the spider pit, the mosquito pit. Last night I killed a 3 incher spider. Big ugly hairy thing. I think I've seen every kind of spider known to man or beast in this place. Can barely make it to my car without being eaten alive by the mosquitoes. I've sprayed with all available killers and some strange things like Pledge. Add insurance and taxes and this little dump is keeping me broke. Really could go on and on but will tell you after the first month I wanted out. Real Estate people say I can't sell as not enough equity yet. Been here now a year and hating every day of it.
First month water pipes froze. Second month ticket for parking facing wrong way on street. Third month a 600$ bill from water company for bill going back two owners and the one it belonged to was dead and was dead the months the bill was suppose to have been run up. Fourth month the sewer company wanted nearly the same amount because they charge according to what the water bill is. Thank God I have prepaid legal. Fifth month the floor is sinking and have to have it hoisted up. Sixth month rains cause ceiling in dinning room to cave in. Two months later house insurance cancels me because God forbid I had to use the insurance to fix it. Next insurance company charges more and a penalty of $75.00 because I had to make a claim on the old insurance. Please someone tell me how they get away with this stuff. Itís like legalized robbery.
Anyway, you are not alone. Right now Iím going through my stuff and repacking and looking on these forums for a place to move to that doesnít snow, low on spiders and snakes. Lower utility bills. Iím thinking RV, hit the road and forget the stress of owning a house. Itís not all itís cracked up to be.
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Old 06-27-2007, 08:43 AM
 
Location: wrong planet
5,128 posts, read 10,261,550 times
Reputation: 4191
I hear you, an RV sounds good to me right now, LOL. it sounds like your move turned out to be a nightmare! Has the real estate market dropped a lot where you are? It's too bad you can't sell it and get rid of the nightmare. The market here has dropped quite a bit and if we sell now, we'd probably have to end up selling for about $20.000 less than we bought, plus another $12.500 in realtor commission and a few more thousands in closing costs, so we'd end up losing around $35.000 or more on a house we lived in for 4 months, sounds good, huh???? I am so frustrated, but that's the reality. Not sure what we will do. I guess all we can hope for is the market to get better, but I doubt it will, I think it will get worse...

Last edited by katzenfreund; 06-27-2007 at 08:44 AM.. Reason: typo
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Old 06-27-2007, 10:45 AM
 
Location: Denver, CO
739 posts, read 2,718,831 times
Reputation: 203
call me crazy but those of you that sell under 2 years, what do you do about the capital gains taxes? We sell often as well, but always 2 years b/c we don't want to pay the capital gains (not to mention the commissions, closing costs, etc)
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Old 06-27-2007, 11:35 AM
 
Location: The great state of New Hampshire
792 posts, read 2,903,885 times
Reputation: 430
Unless you are sure you are staying put long term, all the commissions and fees are a good reason to consider renting. They will eat up any of the market value your house accumulated. The honeymoon is over and unless you already are on the inside, your house is one of the worst investment options out there. If you are planning to move frequently, renting is a much wiser option: it is not throwing away money for nothing as opposed to "owning" a house in the modern day era.
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