Sunday, September 05, 2021

For Sale by Clueless


 We looked at a house that I helped build in high school with the workers decades ago after the house had burned down years earlier. 

We'd known the owners and I'd always liked the house so I thought we'd make a bid for it. 

The lady who owns it is selling it on her own. According to Zillow she had it on the market for most of 2020, took it down and re-posted it back in May....with no For Sale sign in her yard and 95 pictures of the home. Of which, only 12 looked to be of the rooms. The rest? 40 pictures of her plants and another 43 pictures of various antiques and art in her house. 

It was obvious to me she didn't know what she was doing. 

But I knew the house and wanted Megan to see it. She loved it. The lady was nice and let us know the A/C needed to be replaced. ($14,000) The roof had also  been over 1 years since it was new and would eventually need a new one in the next few years ($35,000)

Due to those expenses and the fact she'd had it posted for so long with no interested, we decided to offer her $400,000. A fair deal. 

She came back with a counter offer $500,000.

She figured her house was suddenly worth more than the $450,000 she had listed it for over a year. 

She has no idea what she's doing. 

When looking at a new home folks, steer clear from the "For Sale by Owner" signs. It's almost a sure clue that the owner has NO clue what they're doing. 

We're looking at other sensible home owners to purchase from now. 

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