Well today we received what I think to be a really insulting offer. We listed our duplex originally at 469,000.00. We have had to lower the price several times since March because the market is so shitty. We just recently lowered it from 429,000.00 to 399,000.00. We received an offer today for 380,000.00! That’s 19 fucking thousand dollars less! I mean my god, we might as well just give it to these people for free! what I don’t get is, if this building is not in your price range, then don’t bother visiting and putting in an offer! It’s so insulting, especially since our building is amazing and actually worth so much more than what we’re asking. The property value has soared in the last couple of years. If it weren’t for the market, we’d have sold easily at 469,000.00.
Anyhoo, we countered at 395,000.00. Pretty much to say, fuck you. We know it’s worth this, take it or leave it. The real kicker is these people are not even pre-approved at the bank! They asked for 15 days to get that sorted out since their mortgage specialist is on vacation. Shouldn’t they have sorted that out before going to visit places?
We are continuing on with other visits and are of course going to accept any offers in the meantime since I don’t think this building is within this couple’s budget. We gave them until 11:00pm tomorrow to answer our counter offer.
It’s just so damn frustrating. I hate being in this situation. It really sucks to live in limbo and have people in and out of here and have no results. 😦
As for my budget. I just keep on truckin’. It seems so slow this debt repayment bullshit. This month I was actually able to take my whole 1st pay and pay my bills! This was all thanks to my friend that loaned us money so we could get off of the really bad pattern we had gotten on. (Taking 1st pay of month to pay mortgage when I should have been taking the last pay of the previous month to pay the mortgage and the 1st pay of the month to pay bills). So thankfully, all my bills are paid on time, and that means no collection calls! The 2nd pay of this month goes to re-paying my friend, and the last pay to the mortgage and any remaining bills. My budget as mentioned in a previous post is really shit. I have no room for any extra debt repayment at the moment but hopefully with a raise in the near future and some commission money from sales that will help. Either way, I’m still motivated and I’m not ADDING to my debts so that’s already a step in the right direction.
I’ll keep you all posted on the offer crap….I swear if they come back at some ridiculous price I will go bat shit crazy. 😉