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Re: Non K-JDs: When to give notice and when to quit?

Posted: Fri Jan 19, 2018 2:27 pm
by DorkothyParker
[quote="Bush v. Gorgeous]
Oh god DP I feel the same way re: the house. My biggest source of stress. I need to get a realtor in there ASAP to tell us what we need to do/fix vs. what we can leave. Would you consider renting short term if you sell early? I'm trying to think of all the logistics of that - I feel like we have to list in April. It makes me want a third cup of coffee.[/quote]


I work in banking so I am trying to get the lowdown from a MLO I know and also see about a recommendation on a solid realtor. The one we used to buy the house was fine, but I don't think he would be straight with me in regards to what I need to do to get the house in good shape. I feel like he would recommend $10k in upgrades knowing that certain things don't have such a great effect on actual sell value. I mean, we put in $10k, it raises value 7K and we are out 3k and he is up $400.

I feel guilty, but I almost would rather sell as-is to a California investor (this is totally a thing in my up and coming city) and save myself the headache.

We've only been in the house 4 years, but bought it almost upside down at the tail end of the recession so it's gone up in value tremendously since then.

Re: Non K-JDs: When to give notice and when to quit?

Posted: Fri Jan 19, 2018 4:44 pm
by Bush v. Gorgeous
DorkothyParker wrote:[quote="Bush v. Gorgeous]
Oh god DP I feel the same way re: the house. My biggest source of stress. I need to get a realtor in there ASAP to tell us what we need to do/fix vs. what we can leave. Would you consider renting short term if you sell early? I'm trying to think of all the logistics of that - I feel like we have to list in April. It makes me want a third cup of coffee.

I work in banking so I am trying to get the lowdown from a MLO I know and also see about a recommendation on a solid realtor. The one we used to buy the house was fine, but I don't think he would be straight with me in regards to what I need to do to get the house in good shape. I feel like he would recommend $10k in upgrades knowing that certain things don't have such a great effect on actual sell value. I mean, we put in $10k, it raises value 7K and we are out 3k and he is up $400.

I feel guilty, but I almost would rather sell as-is to a California investor (this is totally a thing in my up and coming city) and save myself the headache.

We've only been in the house 4 years, but bought it almost upside down at the tail end of the recession so it's gone up in value tremendously since then.[/quote][/quote]

Sounds like you are in a decent position! I think we've had ours 5 years...I can't say the value has gone up much though. Maybe the usual 5% or so.

I feel 100% the same about our old realtor. I got a recommendation from my hair stylist...seems random but I think when business people refer each other to potential clients there is *hopefully* some kind of honor code in place? Best of luck with the sale process...