Well wouldn't ya know it, but when I was posting my last entry Laurie was talking to the realtor about basically what I was on about! Weird, very weird we never connect in such a fashion, hmmm what does this portend? OK the title of the post doesn't really work properly, but it sounds good...
Should we stay or should we go now...
Wednesday, August 30, 2006
Tuesday, August 29, 2006
What's that popping sound?
Ah yes that be the housing market... having had the condo up for sale almost a year now (over a year, but a water leak prevented us from making a solid go of it last year starting in May), few call, fewer come to look and no one is making any offers even though the unit is priced below current average (or so we think...). I had comtemplated on having the carpet pulled and wood flooring done and even installing a big screen TV, but it was pointed to me that regardless of what one is offering, no one seems to really be looking.
It's summer for christ's sake, where is everyone? Hiding out in a safe place from theimpending explosion, that's where. What a bust, we had hoped to have been moved out by this time last year, pocketed our tidy profit set up retirement funds, paid off debts etc, etc but as mentioned a small disaster prevented the unit from being put on the market. Oh well, so it goes and here we are going out of the prime season for sales and back into the doldrums.
Foo... now I gotta consider either taking far less or worse, refinancing and staying put or if the cashflow would work renting it out and breaking even or taking a small loss. Laurie is tired of living here, and I am too to some degree but if push comes to shove it may come to that if it can't be rented. Hmmm not good...
It's summer for christ's sake, where is everyone? Hiding out in a safe place from theimpending explosion, that's where. What a bust, we had hoped to have been moved out by this time last year, pocketed our tidy profit set up retirement funds, paid off debts etc, etc but as mentioned a small disaster prevented the unit from being put on the market. Oh well, so it goes and here we are going out of the prime season for sales and back into the doldrums.
Foo... now I gotta consider either taking far less or worse, refinancing and staying put or if the cashflow would work renting it out and breaking even or taking a small loss. Laurie is tired of living here, and I am too to some degree but if push comes to shove it may come to that if it can't be rented. Hmmm not good...
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