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So as stated, I can’t sell my house. The house was built in 2011. I bought it dec 2014 for 255k. I am in the Central Valley of California. My house is part of a planned community that was half built when I bought my house. The houses built after I bought my house are roughly 1000 square foot larger and cost about 100k more. The house has granite, wood floors, new carpet (2017) and has been painted with a fresh coat of paint. It is in a gated complex with access to a pool, water park and playground.

I am getting married in 26 days and my fiancé’s house is a bit bigger and better equipped for a growing family. We listed my house 2 months ago for 279,900. Right off the bat we got an offer for 274,000. We talked them up to 275,000 and accepted the offer. Two days later they’ve backed out, saying they were going with new construction instead. We have had 8 offers on the house and have accepted 6. All of the buyers backed out within 24 hours. Some have given reasons for backing out such as they found out they were relocating the next day or They found out their interest rates would be 8%.

This past Saturday we accepted an all cash offer of 267 and said she could close in 12 days. This woman had previously offered 240 and we told her no. We accepted the offer of 267 on Saturday. Sunday morning, our realtor called us and said the woman backed out because she was driving Through the neighbor hood and saw a do not dig sign placed there because of a high pressure gas line. Apparently this freaked her out and she backed out. We lowered our asking price to 269,900, but I’m not sure that was the right thing to do since we have had no trouble getting offers at the higher price.

We are not in financial trouble and can afford to make mortgage payments on both houses, but would obviously rather only have one house. We have considered renting but due to the strict hoa rules have decided that it’s not a great option with this house.

Does anyone know what the issue is here? Any advice? Do we need a new realtor?

Thank you so much for reading this!



Submitted June 04, 2018 at 04:37PM by klyncakes https://ift.tt/2HkOlW8

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