My high hopes of a lush new house were crushed last night when we met with the realtor. Turns out, the market is at an ALL TIME low. Like, lower than I thought, low. So low, that where my neighbors turned down an offer of $260K for their house in July, I can’t even START at that much.
AND! And, the fees to sell are $20K! I did not take that into consideration. I knew there were fees, but holy hell, that’s almost 10% just *gulp* gone. Gone and not put towards a new down payment.
Soooooo…we pay out the backside for the PMI. Or settle with something A LOT farther away from the lake. Poop.
Hmm…wonder if we could do it without the realtor? Fee free. Anyone you know want a great townhouse in North Seattle? It’s a great time to buy! With the tax credit, you’re practically stealing it!