anybody else here trying to sell a house?

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Re: anybody else here trying to sell a house?

Postby rowerwet » Tue Apr 09, 2013 7:02 pm

well it finally sold, the night before the closing, we got a form from the state of ME, giving us the chance to prove they didn't get to keep a couple percent of the sale :shock: called my sister the CPA, we had no gain on the house and it was our primary residence for at least two of the last five years :thumbsup:
of course they still held the money for a few days until somebody approved it. made me feel like the suckers who get excited about a tax return... :lol:
now to stock up on precious metals, lead and copper :NC
Last edited by rowerwet on Tue Apr 16, 2013 4:49 pm, edited 1 time in total.
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Re: anybody else here trying to sell a house?

Postby Fenlason » Tue Apr 09, 2013 8:34 pm

rowerwet wrote:well it finally sold, the night before the closing, we got a form from the state of ME, giving us the chance to prove they didn't get to keep a couple percent of the sale :shock: called my sister the CPA, we had no gain on the house and it was our primary residence for at least two of the last five years :thumbsup:
of course they still held the money for a few days until somebody approved it. made me feel like the suckers who get excited about a tax return... :lol:
now to stock up on precious metals before the gun grabbers take them all away :NC



congratulations.. :thumbsup:
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Re: anybody else here trying to sell a house?

Postby jeff0520 » Tue Apr 09, 2013 10:15 pm

We'd love to move to someplace where Laurie could find a good job, but in the current conditions we know better. In our neighborhood it's been 8 years since a house sold as anything other than a foreclosure auction. The last 3 that sold went for around $12,000. Funny, the property tax assesor still claims fair market value for our place is $53,000. To that I say "SOLD! When can we close this deal?"
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Re: anybody else here trying to sell a house?

Postby rowerwet » Wed Apr 10, 2013 7:39 pm

I could say "hope and change" but that might offend some people...
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Re: anybody else here trying to sell a house?

Postby myoung » Wed Apr 10, 2013 7:53 pm

Cheap money has been responsible in large part for the uptick in home sales...and the increase in prices...and the number and frequency of overbids lately.

If you are willing to finance with an ARM, Wells Fargo is offering loans at 1.75% for 5 years and 2.75% for 10 years. That's a no-brainer for anyone with even a modest return on other investable capital. No reason to dip into savings when the banks are giving the stuff away...and the Fed is inflating the currency and devaluing the dollar.

Oh, it also helps to be in a place in which people wish to live. I noticed that Maine just joined the tiny group of states that is a net loser of population. That can't help home demand.
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Re: anybody else here trying to sell a house?

Postby slowcowboy » Thu Apr 11, 2013 8:23 am

theres not a farm or ranch on the market now. they even have sold the places you know you can lose your butt and the hole farm in a matter of a few short years!

houses well most of the high priced rich boy places at lander are for sale they even want a small fortnune for 2 acers.

I don't know if any rich boy houses are selling. still lots of houses on the market and still lots of large bussness for sale on main street in riverton.

some of these bussness have moved to new locations though.

I would say some things have moved but still tons of houses on the market.

mostly just farm and ranch land that sold like hot cakes. big time money in farming and ranching and lots of investors getting into it.

seems every one wants to invest in farming and ranching now days. lots of folks having trouble getting land and lots of guys forming larg corporations as they can't find land to buy.

not a pretty picture on the real estate out here.

this is not going to last long before it comes down like domenos again!

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Re: anybody else here trying to sell a house?

Postby dustboy » Tue Apr 14, 2015 8:01 am

I stumbled across this thread, I thought it would be interesting to dredge it up to see how things have changed.

In 2012 we sold our house in Oakland, and took a pretty good bath. At least we didn't have to foreclose like a lot of folks.

Now we are trying to buy a house, and we can't. It's insane out here in the SF Bay. My brother listed his 3/1.5 in a bad neighborhood of Oakland for $479k, it sold in a week for $578k with 5 offers. We made an offer on a house, at $32k over the asking price, and it sold for almost $600k with 31 offers! :?

We would buy a fixer, but they all sell to flippers for cash.
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Re: anybody else here trying to sell a house?

Postby Catherine+twins » Tue Apr 21, 2015 6:30 pm

I suggested to my 13-yo kids that, now that they are no longer in the grade school down the street, we could sell our 1200 sq ft house and buy a bigger one closer to their grandfather. Nope. This is OUR house. Just as well. I bought this place 25 years ago for $205K, and could only sell it for $215k now (although granted, I have $180k equity). The houses in Grandpa's neighborhood start at $300k, and Grandpa's house itself is closer to $800k (half an acre, canyon lot, unobstructed views of the valley and mountains on the other side, these things are important in a mountain-side community).

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