Quote:
Originally Posted by goreds10
Thanks so much for all of the great feedback. I guess the biggest evidence that the house is overpriced is that it hasn't sold yet (after close to 2 years on the market). The comps. are tough, since there haven't been many recent sales of comparable houses in the area, and those that have sold are very different from eachother in terms of what they have to offer (e.g. pool, extensive bar, etc.)
If we were to submit another offer (that's slightly higher) any suggestions on when might be a good time to do that (e.g. 30 days after it relisted with improvements)?
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The house may not be overpriced. There are plenty of reasons houses don't sell.....ugly flooring, too many colors and needs repainting, hideous wallpaper, old nasty smelly carpeting, tiny bedrooms, 1980's fugly kitchens, etc.
You have 2 options. Offer more for the house or find another one. You are far too emotionally attached. This is a business transaction not a prom date. You need to get your emotions out of this. At this point, I'd move on with my life and find a house I can afford.
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