Tuesday, October 25, 2011

When Taking a Loss Makes Cents

When you have moved 800 miles away from home...

And abandoned your house to one of the scariest real estate markets of all time...

And 30 days later, you get an offer...

Albeit, a painful, we-are-walking-to-the-settlement-table-with-cash-in-hand-offer...

All the while knowing that to walk away from said painful offer could potentially mean another 6+ months on the market.

Another 6 months of a mortgage payment of way more than you want to pay.

Not to mention, another 6 months of electric bills, water bills, sewer bills, and who knows what kind of maintenance costs that can come from having an empty house sitting through the winter....

We opted to cut our losses and sign on the dotted line

My point here, CLEARLY is that we now have one of these signs sitting in our front yard!!!


Now we pray and wait...

For a good inspection and a smooth and easy closing.

1 comment:

Bumber's Bumblings said...

so happy you were able to come to agreement. stinky that you have to cough up cash, but I agree, much better than the alternative!