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10-28-2007, 12:30 PM
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Member
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Join Date: Jan 2007
Location: Coeur d Alene
40 posts, read 36,798 times
Reputation: 12
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Need to sell my home in the WORST way!
Hey there everybody! I just want to let every one on here that I am not soliciting or trying to make a sale of my house via city-data.com. But I do not want to lose my house either!
I have had it for 3 years now and subcontracted almost all of the work. I just need to get relocated and resituated with a new life. My house has been on the market for 2 years now and have had no luck. We had the price originally at 630,000 and in the last 2 years it sits now at 450,000. OUCH!!! I cant really go any lower on it because of the hit that I have already have had.
The only quirks about the house is the 75ft driveway that raises about 10 ft. It gets tricky in the winter if you dont keep up on it. But I or any of my family have never had any issues since it is kept up on.
Next thing is that it is 3 floors all with a combined square footage of 3590sq/ft. So we have had people complain about too many stairs. Even though realistcally all 3 floor house have the same amount of steps just depending on the ceiling heights.
It sits on a half acre just on the out skirts of town and over looks the city's and Lakes and River. It is in on of the most desirable area's in Coeur d Alene! I just dont know WHY the house isnt selling!
I have had 2 different agents and now I am just at a loss! So I just need to know has there been anything that anybody has done on here that has had a house sitting on the market for a while and got it to sell? I am open for all options except to drop the price more. The appraisle comes in at about 525,000! So dropping it is just not the way to go! Now I am in an area where I have house values from 425k-2million with in the same block. So there is deffinately some divercity(sp) there!
If any of you want a link to view it let me know! I would love for you to view it and tell me what you think!
But the house really needs to go because I am 25 years old and live in it by myself there now and the payments are really starting to kill me! So any help or advise would be GREATLY appriciated!
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10-28-2007, 03:44 PM
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Senior Member
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Join Date: May 2006
673 posts, read 458,090 times
Reputation: 198
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Just a thought but advertise in San Diego news paper or Craigs List.
I bet with all the fires down there some people might be looking to relocate to a place that might not burn as often.
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10-30-2007, 11:14 PM
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Senior Member
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Join Date: Jan 2007
123 posts, read 188,698 times
Reputation: 49
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Definitely advertise nationally. You won't sell a house like that very fast through local agents. Try southern CA for a start. Also the east coast.
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10-31-2007, 12:24 AM
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Senior Member
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Join Date: Feb 2006
Location: Midvale
402 posts, read 319,409 times
Reputation: 196
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There is a Sell this home message board on HGTV that will look at your house pictures link and tell you what they think you might do to make your house more saleable. Of course I am NOT saying you have not already done these things. Just a suggestion you might try.
This is the link but I am not sure if it is ok to post it. Hope so.
NEW: Get It Sold - Forum Powered by eve community
Chris |
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11-01-2007, 08:19 PM
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Member
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Join Date: Oct 2007
44 posts, read 47,985 times
Reputation: 19
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Very few jobs up in that area without a sizable commute. That takes out a LOT of people looking.
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11-13-2007, 10:48 AM
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Not a member
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Join Date: Nov 2007
30 posts, read 27,892 times
Reputation: 27
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dude, you're screwed. Just hand the keys back to the bank and move out.
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11-13-2007, 12:15 PM
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Senior Member
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Join Date: Jul 2007
Location: Southwest Missouri
1,632 posts, read 1,081,318 times
Reputation: 582
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Quote:
Originally Posted by jimg1126
dude, you're screwed. Just hand the keys back to the bank and move out.
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That's some pretty terrible advice! 
The last thing that a 25-year-old needs is a foreclosure on his/her record. If you're having trouble making the payments, talk to the bank that you have the mortgage with. Banks don't want to take back homes, so they might be willing to help you out in some way.
If you're not behind in payments or upside down, try raising the commission paid to the real estate agent. Instead of the standard 6%, try offering up 8% to see if that will get the ball rolling. I'll bet that will attract some interest. |
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11-13-2007, 12:50 PM
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Not a member
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Join Date: Nov 2007
30 posts, read 27,892 times
Reputation: 27
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The bank won't renegotiate. Get real. The bank probably doesn't even hold the loan anymore. It's been sold off and repackaged into many different tranches and sold off to the Chinese.
[MOD CUT]
I'd stick the Chinese with the loss and move on with life. Chalk it up to an expensive learning lesson. Chances are good that it's not even expensive. He probably bought the house using a 100% adjustable rate mortgage and has none of his own money in it.
Real estate is getting exposed as the fraud that it is.
Don't expect anyone to bail him out of this mess. The scam is over.
Last edited by Sage of Sagle; 11-13-2007 at 11:45 PM..
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11-13-2007, 01:19 PM
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Senior Member
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Join Date: Sep 2007
104 posts, read 111,817 times
Reputation: 39
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[MOD CUT]
I've already said that if prices were cut in half, that would still be tooooo high, but anyway...
That was a good laugh. I hope he sells it before he they take it.
Last edited by Sage of Sagle; 11-13-2007 at 11:46 PM..
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11-13-2007, 03:09 PM
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Member
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Join Date: Jan 2007
Location: Coeur d Alene
40 posts, read 36,798 times
Reputation: 12
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[MOD CUT]
Anyways I have been thinking of the California thing a bit. Infact i think that Nation Wide is a great idea. I am under the impression that my agent has done this already as i have asked him in the past. I may have to check with him again...
Anyways I am in no position to LOSE the house like jimg1126 thinks I need to do. So if worse case I just pull it off and get another agent in the spring at a different price. i just cant stop thinking that maybe I have it TOO low? Does that make any sense? I have had too many showing where people say that. But then another great majority says its is a perfect price 
Last edited by Sage of Sagle; 11-13-2007 at 11:43 PM..
Reason: Be civil
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