Friday, August 02, 2013
Living in a real world
I think that the housing market is going up but that does not always help you personally. We actually got an offer on our house the very first week it was on the market, but the couple could not secure a loan. So we have shown it a few more times to maybe 8 more families. And we got another offer but it was extremely low. The real estate agents say it's worth what we are asking. I think it is worth more. But the reality is it's still a buyers’ market. So now comes the stress of renting it again. If we wait to find a renter we will lose rent (and we may already lose rent). And we will need to put in a new fence in the back yard, do some painting, replace a dishwasher and put in some new grass. Basically spend any profit we have made renting the place out the past year. This house has been a money dump. It causes me stress because I hate to waste money. I want to be wise. But it is not my fault it's a buyers’ market. Some people got so blessed to sell in a week. Others work hard to no avail. Short of giving the house away for a huge loss, I think we need to rent it out or at least start looking for a renter. Naturally we would still sell it if we could. But maybe the tide will change 5 or 10 years from now? That is the real world. And you know what? I love my new house...so I'm Ok with this. It is not what I hoped for, not what I want, but not the end of the world. If we could find a good renter I would be so blessed to just rent it again.