Well, that did not go well.
Homevestors lady came by tonight. We went through the house. Best offer that they will make is essentially buying out my current mortgage, no cash out at all. Since that was only about 60% of my minimum asking price (and less than 50% of the "market value") , it's gone way down on the list of possibilities.
My remaining possibility is to get a home equity loan, do the roof and finish the front porch, then maybe try again next year.
Or pray for a fucking tornado.
Homevestors lady came by tonight. We went through the house. Best offer that they will make is essentially buying out my current mortgage, no cash out at all. Since that was only about 60% of my minimum asking price (and less than 50% of the "market value") , it's gone way down on the list of possibilities.
My remaining possibility is to get a home equity loan, do the roof and finish the front porch, then maybe try again next year.
Or pray for a fucking tornado.
Profile
magicmarmot- Tom Ramcigam
- Magic Marmot Studios
Comments
plan b. or d and I'm sorry.
I've gotten the impression that Homevestors is a little predatory, anyway. They didn't deserve the profits from you home.
With the repairs, you'll get A LOT more money selling it yourself and then you'll have more extra cash cushion that will be better in the long run.
Sucks now though, sorry to hear it.
How about an as-is for sale by owner? A WYSIWYG home sale direct from you to someone else that might just get you the price you want? From what I've heard, you can pick up a how-to kit, put a sign out front and get it on the market. Then you don't have to pay a middle-man commission either.
If it choosing between caring for yourself physically, emotionally and financially or your pets -- as wonderful as they are -- you have to put yourself first.
The choices aren't all simple and clear. There are advantages and disadvantages to all of them, and I'm trying to gather information that will help me to make a decision. And it's coming down to a pretty clear path that I have to follow.