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Old 04-03-2008, 03:46 PM
 
9 posts, read 20,063 times
Reputation: 15

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I thought I would update you--we lowered price last week to $299,900 down from $311,900. We were priced too high to begin with so we sat on market for 4 weeks with only 3 showings. We lowered price last Thursday and had a buyer look on Friday night. They made an offer of 285K, we countered with $294,900 and we finally caved in and accepted 290K today--a very clean offer with no other strings attached-they are doing conventional 20% down and $2000 earnest money. Are we thrilled? No, but we needed a contract in the next three weeks or we were going to be in trouble with the new house and frankly I was tired of keeping my house perfect to haggle over three thousand dollars or so....so anyway, the other sellers in our development may not be happy but they have been sitting on the market holding out for a price I doubt they will get. So hopefully we are done with all of this for a while and next time we sell I pray it is in a seller's market! Good luck to the rest of you!
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Old 04-03-2008, 03:55 PM
 
1,408 posts, read 8,001,301 times
Reputation: 676
WOW!!!! Congratulations on the accepted offer. WOO HOO!!!! Where is your home located amy?
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Old 04-03-2008, 03:59 PM
 
Location: NC close to the MTs and near the lakes.
2,766 posts, read 5,506,848 times
Reputation: 967
Good for you. We take the loss and go on with our life. You did the right thing.
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Old 04-03-2008, 04:07 PM
 
Location: Barrington
63,919 posts, read 46,448,175 times
Reputation: 20674
That's only 7% from your original ask. May all sellers be this fortunate.

Woo-Hoo for you. You did well.
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Old 04-03-2008, 04:21 PM
 
Location: Central NC
414 posts, read 1,254,463 times
Reputation: 129
Great news Amy! Glad you got an offer that you can live with. Good luck with the closing.
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Old 04-03-2008, 04:36 PM
 
9 posts, read 20,063 times
Reputation: 15
We are in the Nashville Tennessee suburbs, Williamson County--lots of houses for sale in our area! WE are glad to move on--thanks everyone for the well wishes
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Old 04-03-2008, 04:50 PM
 
995 posts, read 3,920,398 times
Reputation: 362
You did the right thing. Please don't look back. Look forward.
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Old 04-03-2008, 05:20 PM
 
Location: GA
2,791 posts, read 10,774,506 times
Reputation: 1181
Great news! Make you close quickly and smoothly!
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Old 04-03-2008, 08:05 PM
 
Location: NJ
2,210 posts, read 7,007,201 times
Reputation: 2193
You should be thrilled. You have managed to sell your home when many others can't. And you can't be responsible for other sellers who may not be realistic about their asking prices. You "holding out" for an extra $5/10 was never going to get their homes sold for them and would have put you under tremendous financial strain and hardship.

Congratulations. And enjoy having closure.
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Old 04-03-2008, 08:54 PM
 
Location: Halfway between Number 4 Privet Drive and Forks, WA
1,516 posts, read 4,579,998 times
Reputation: 677
Congrats to you, hope all goes well with your sale! We went under contract this past weekend, too!
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