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The highest offer with a buyer in best financial position to obtain financing and who can close soon.
Who cares otherwise who buys it. Why would anyone turn down a perfectly good offer from an investor and wait around for who knows how long until an owner occupant shows up. Sellers can be missing out moving to their dream home doing that or can miss a good mortgage rate on the their next home.
You have to learn your bottom line. If you think an investor is offering too low, then you have to figure out how many more mortgage payments you might have to make until another buyer comes along, how much extra in real estate tax, HOA fees, water, sewer fees, etc. you might have to pay. Sometimes the offer really is too low, sometimes it is viable. Much will depend on your market.
Selling a home is business deal. It's not an adversarial transaction. People would do best to leave their emotions out of it. It's about that all important bottom line. Nothing else matters.
The new family could easily change jobs and move out 6 months from now and the new owner rents it to section 8. No guarantee the new owner will stay, so it doesn't matter who you sell it to.
That survey needs a button for "Don't care." I'm with Manderly6. Everything changes. If you're into nostalgia, take a lot of pictures while you live there.
Obviously, OP has a sense of responsibility toward the people living in the neighborhood. How nice to know that there are still people like that alive in The Zone Formerly Known as America.
Investors could turn the home into a rental unit. That happened in my old town, and endless grief to the decent people who had lived there for decades has been the result. All kinds of filth has moved into those rental houses.
Or the 'Investor' could knock down the home and put up a Section 8 InstaSlum building.
I think that caring about what happens to the people who have been one's neighbors is admirable. It's called Altruism. Real Americans are wired for Altruism.
Obviously, OP has a sense of responsibility toward the people living in the neighborhood. How nice to know that there are still people like that alive in The Zone Formerly Known as America.
Investors could turn the home into a rental unit. That happened in my old town, and endless grief to the decent people who had lived there for decades has been the result. All kinds of filth has moved into those rental houses.
Or the 'Investor' could knock down the home and put up a Section 8 InstaSlum building.
I think that caring about what happens to the people who have been one's neighbors is admirable. It's called Altruism. Real Americans are wired for Altruism.
So you think all renters are scum and will ruin a neighborhood. Interesting. I rented a house once.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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Quote:
Originally Posted by GrandviewGloria
Obviously, OP has a sense of responsibility toward the people living in the neighborhood. How nice to know that there are still people like that alive in The Zone Formerly Known as America.
Investors could turn the home into a rental unit. That happened in my old town, and endless grief to the decent people who had lived there for decades has been the result. All kinds of filth has moved into those rental houses.
Or the 'Investor' could knock down the home and put up a Section 8 InstaSlum building.
I think that caring about what happens to the people who have been one's neighbors is admirable. It's called Altruism. Real Americans are wired for Altruism.
Maybe in your old town, but that would not be an issue here, where rent on our house would be 30% more than a house payment at about $3,200/month. I could rent it out now and buy another house and make money. People that can afford that much rent are not likely to cause problems in the neighborhood.
So what are you saying, you would sell it for less $$ to a buyer you "like"? If you are that emotionally attached to the house ... stay there. It's a business transaction, sell it to the best buyer who will bring you to the closing table and you get paid.
Everything that poster 2013 said above.
i'm not attached to the house. but i'd prefer the buyer to be.
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