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Archive for May, 2009

How do you sell a house?

I never realized how difficult it could be to sell a house during a down market.  We put our house on the market back in October of 2008 and we’ve had at least 50 showing and only received 2 offers which were nearly $30,000 off of what our price is currently(after dropping it $20,000).  How do you portray all the things that have been done to the house to a first time owner.  I know that when Melanie and I bought our first home, we had no idea what we were getting into.  Now that we’ve been through the ringer so to say, we know that the house we currently own is a bargain at the price it’s listed at.  First time buyers just don’t appreciate the obvious things like a new roof, energy efficient windows, low maintenance siding, and a reliable heating / AC system.  I know we didn’t understand the value of a reliable heating /ac system until ours went out in the middle of one of the hottest summers we’ve had.  We also didn’t realize our siding was bad until a lady from up the street mentioned that all the houses had masonite siding.  $13,000 later we have new siding.  It really sucks to keep everything up in the house and have some one low ball you because they think you are going into foreclosure and need to move the house. Anyway, I guess I’m venting.  I know our house is worth what we’re currently listing it as and hopefully a buyer will come along and appreciate the fact that they can move into the house immediately and not have to worry about all the things we had to repair over the last ten years. I guess the best thing to come out of all this is that I know how much everything costs including(new heating / ac, new siding, new windows, new roof, new water heater, new kitchen, new master bath, new carpet’, laminate, and hardwood flooring).  I guess praying(and the realization that we don’t have to move) is the best thing keeping me going at the moment.

Categories: Home Related