Well, that's over at least.
The reason they couldn't offer any more? They said they didn't have the cash at all. Their real estate agent lowered her commission by a percent point. That helps, but didn't cover much of the gap. I told them I'll delay closing and rent the house to them, but they need to try a different lender so we can get another roll of the appraisal dice.
Turns out, the wife has terrible credit and was only a point or two away from not qualifying with the current lender. Another hard pull on her credit and they probably wouldn't qualify for anything
Why they were looking to upgrade homes, I have zero idea. I think I always overestimate how much of the population is smart and safe with their financials.
So I did a deep dive on my whole area, looking at all recent sales, relistings, everything. 2 out of the last 3 most recent comps underappraised, and all 3 were cheaper than mine. The reality is, there isn't a house going for $300k that size of mine ever. Everything that went for $300k+ was double the square footage. There is now twice the inventory on the market now too, it's cooled off quite a bit. And the houses that relist don't get nearly as much action, as everyone assumes there's something wrong with it. I listed for $275k, and was already at the equivalent of $285k or so. I don't think there's a chance I would get another offer at $300k now, especially now that everything is moved out and not staged anymore. So we just accepted and moved on. I was going to take down the shed in the back prior to closing, because it's on a utility easement apparently, but told them they have to deal with it.
So yes, the prospect of $300k for that
house was probably a pipe dream, despite that being their offer. I'm just glad it's over. All said though, not a bad investment for my first home that I bought fresh out of school while broke as shit. Paid $175k in 2012, sold for $283k in 2021.
AS FOR THE GARAGE CAROUSEL: It's alive and kicking
- S2000: Look at these comps!
https://www.s2ki.com/forums/cars-sale-1 ... s-1209319/
https://www.s2ki.com/forums/cars-sale-1 ... s-1209093/
https://www.s2ki.com/forums/cars-sale-1 ... a-1209069/
That last one is basically my car but a little nicer. I might be listing it soon for $25k or $26k and see if someone
on it.
GR86 reviews look
Rumor is though, the Toyota and Subaru version will be even more different this time, and the Toyota is likely better
Which is a total shame, because I love world rally blue too much to get any other color. The Subaru version is supposed to be softer than the Toyota one.
- Outback: I dented it while moving with the trailer I was using
Didn't break paint on the metal, but put a big gouge in the plastic bumper. I'll keep this unless the money printer continues to go BRRRRT at the Feds and they start offering $7500 EV credit + $2500 if made in USA + $2500 if UAW made. $13,500 off a Lightning would get me to
As for the girlfriend (and probably soon to be fiancé in the next 6 months or so), she was pretty set on a new CX5. Didn't want to get one though right before the new model comes out. We were looking into leases and everything. She thinks it's a bit small though (back seats are tight for the eventual car seats). Looked into a Telluride. Too big and expensive. Test drove a 2019 Acura RDX on Saturday.
That's an amazing car for the money. MSRP for $50k. This one was listed at $39k basically with 27k miles, single owner, CPO. I didn't realize it had the transmission and engine from my old Accord. That was the best part about that car. Pair it with SH-AWD, and that thing could move. Great seats, super comfortable, really well packaged. I think we're going to offer $37k for it, plus a trade in for her old Focus and see if they go for it. It's much, much nicer than the loaded mainstreamers for basically the same cash.