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Old 05-05-2008, 12:44 PM
HDL HDL started this thread
 
Location: Seek Jesus while He can still be found!
3,216 posts, read 6,788,996 times
Reputation: 8667

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We interrupt this Forum for a little GOOD NEWS regarding our economy -

Please share if you just SOLD your home or it is now under contract :

a) Price (or whatever you feel comfortable sharing i.e. ~ $$$ range)
b) Location (city, county, state - again whatever you feel comfortable sharing)
c) How long on the market (1st time, 2nd, etc.)
d) FSBO or Realtor
e) What do you think got it SOLD or under contract (price reduction; turnkey home; lack of competition; or possibly sheer LUCK )?

Thanks for sharing and BEST WISHES on your move, your new home and a clean close !!!
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Old 05-05-2008, 01:19 PM
 
Location: Lake Oswego, OR
30 posts, read 128,997 times
Reputation: 41
accepted offer on march 3, and closed on march 28.

- sold for $201,000 (3br, 2.5 bath, built in 1998) - we did end up eating around $19,000 of it, which roughly correlates to all of the closing costs, including the $6,000 they asked for

- portage, michigan, which is next to kalamazoo in southwest of state

- luckily, and oddly, realtor brought over a couple 2 days before we were to officially list the house. they liked it, and 2 days later, we exchanged offers and accepted. thus, it never actually got "on the market"

- what got it sold was it being nicer (move in, unpack, and you're good to go - no work needed) than other houses in price range; that and pure dumb luck.

extremely nice to be on the other side now, as we're relocating to Portland, OR, and will be looking for a place roughly 3 times the cost of our old place.

phew!!
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Old 05-05-2008, 01:54 PM
 
Location: NJ
97 posts, read 485,992 times
Reputation: 45
-sold in 3 weeks, closed in April
-sold for 7k less than asking price (2 br, 2 1/2 bath townhouse) competing w/ 2 units in the same courtyard ( & one was identical and had upgraded appliances and carpeting)

-north brunswick, nj

-used real estate agency

-what got it sold was my staging efforts, and buyer lost bid to unit across from us (and we sold for more)
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Old 05-05-2008, 01:56 PM
 
995 posts, read 3,930,971 times
Reputation: 362
a) Price: $320k
b) Location: Clarence, NY near Bufallo
c) 2 weeks 1st time
d) Realtor
e) good timing (early February) with lack of competition, smallest house in the subdivision with average price of $400k
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Old 05-05-2008, 02:29 PM
 
Location: Everett, Wa
601 posts, read 1,904,523 times
Reputation: 678
accepted an offer 6,400.00 under asking price. appraised at 260,000.00
asking 239900.00....accepted 233500.00. Sold FSBO... no ads ..just the sign in the yard with fliers. took 8 months. should close on June 26th. Niceville Fl.
Just outside Destin. Off to Seattle Wa. area
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Old 05-05-2008, 02:53 PM
 
Location: Denver, CO
739 posts, read 2,949,659 times
Reputation: 204
I don't want to post b/c aren't "under contract" but just got an offer. So excited.

I will say, while we are in the "happy news" place that the house we are buying, we were 99.9% under contract there, it never was listed, we luckily are working it privately and saving a ton of money there. That is after losing 4 homes that all went within 24hrs -1 week. In our market good homes in great areas are selling quickly. It helps that Denver is getting a lot of positive press right now.
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Old 05-05-2008, 03:17 PM
 
Location: Denver, CO
1,921 posts, read 4,776,577 times
Reputation: 1720
a) Offered 98% of listing price
b) Triangle area, NC
c) 1st time, 6 weeks
d) Realtor
e) House is immaculate, but it did take the right buyer at the right time

We got our offer the day after we put an offer in for a house in Denver, so all good!
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Old 05-05-2008, 03:22 PM
 
Location: Kauai
649 posts, read 3,445,121 times
Reputation: 473
Quote:
Originally Posted by HDL View Post
We interrupt this Forum for a little GOOD NEWS regarding our economy -

Please share if you just SOLD your home or it is now under contract :

a) Price (or whatever you feel comfortable sharing i.e. ~ $$$ range)
b) Location (city, county, state - again whatever you feel comfortable sharing)
c) How long on the market (1st time, 2nd, etc.)
d) FSBO or Realtor
e) What do you think got it SOLD or under contract (price reduction; turnkey home; lack of competition; or possibly sheer LUCK )?

Thanks for sharing and BEST WISHES on your move, your new home and a clean close !!!
Under contract, awaiting inspection on Friday... fingers crossed... and toes...

a) $180,000 (was asking $183K). Cash sale, no financing.

b) Ithaca, New York (I have been told it's a fairly stable market; we certainly didn't have the kind of 'bubble' that some places had! We purchased the home in 1994 for $142,500, did some modest upgrades and renovations, but also had some substantial 'wear and tear', and converted from 2-family to 1-family with large rec room and storage rooms). Homes in the area seem to be selling for a bit more in general (around $200K), but it's not a 'cookie cutter' area - every home is unique. I suspect many are in better shape than ours, though perhaps with less land.)

c) Not really "on the market"; I'd listed on Craig's List and Iggyshouse just to see if any interest was generated. I was planning to update the kitchen and then list with a realtor at about $187-190K (commission here is 6-7%). No sign was up yet, no print ads, no flyers. Buyers saw it on Iggys.

d) FSBO, no agents for seller or buyer.

e) I dunno. It's a very quirky house, absolutely fabulous if you value certain things (solid construction, light and sun, hardwood floors, big kitchen, storage space, and land) but not really attractive to many people (5 BR 2 Ba with 2 BR and 1 Ba in the 'walk in' basement, which has a truly weird layout, and the remainder of which is not finished, outdated and worn kitchen, no master bath). I think, LUCK (the right people happened to see it...). Certainly not marketing (my photos weren't even that good!). Maybe (probably?) price.
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Old 05-05-2008, 04:46 PM
HDL HDL started this thread
 
Location: Seek Jesus while He can still be found!
3,216 posts, read 6,788,996 times
Reputation: 8667
Thumbs up Thank you ALL for your posts thus far!

I'm hoping that we (CDF readers ) will see a trend and it will help us in our selling efforts . So far, it appears that all the homes are east of Boulder, CO and under $321K . Let's hope we start seeing some posts west of Boulder, CO and above $321K :-)

A BIG CONGRATS to all of you who have SOLD !!!!

<do not read here unless you are easily influenced...subliminal message....please buy my home.... >
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Old 05-05-2008, 04:57 PM
 
Location: SCCL, Lancaster, SC
444 posts, read 1,649,700 times
Reputation: 164
Quote:
Originally Posted by HDL View Post
We interrupt this Forum for a little GOOD NEWS regarding our economy -

Please share if you just SOLD your home or it is now under contract :

a) Price (or whatever you feel comfortable sharing i.e. ~ $$$ range)
b) Location (city, county, state - again whatever you feel comfortable sharing)
c) How long on the market (1st time, 2nd, etc.)
d) FSBO or Realtor
e) What do you think got it SOLD or under contract (price reduction; turnkey home; lack of competition; or possibly sheer LUCK )?

Thanks for sharing and BEST WISHES on your move, your new home and a clean close !!!
Charlotte, NC

On market a year

Realtor

Reduced price as we were overpriced for the current market. Now price
is about right. Our house is perfect for empty nesters . We are retired
and the new owners are also.

Hope the inspection process doesn't cause us a wrinkle!!

Dunroven
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