Little Lady, I appreciate your need for anonymity, however, could you give us some details about your house.
Maybe general location (or not), asking price, square foot, number of rooms, special features? Anything you can give that won’t give up your info just so we can get a general picture of your piece of property.
I would love to track this too. I recently sold myself and got through by the skin of my teeth with a buyer who originally said they were putting 5% down and then changed mid-stream because they wanted some money to change a few things and put up a fence. Well, the sale indeed almost fell through because the lender at the last minute added some “credit” conditions. It closed. Anyway, we’ve kept in touch with the buyer as she is a young girl and this was her first home and we wanted to make sure she knew how to work things, and take care of the spa, etc., well, she has no money to put up a fence, she has no furniture, she has a small fridge in place of where a double door stainless steel fridge resided. We offered to sell her the fridge (which was relatively new.) but she said no. So much for wanting to keep some money back to fix some things.
My sale was in North Orange County.
My property was listed for $480,000
I received several offers and one actually at $490,00 and they asked us to carry closing costs. Lender would not allow the appraiser to appraise anything over the last sale in my complex. So, wanting to sell the dang thing, we took $477,000 and paid $7,000 in closing costs. We walked away with about $230,000 in the bank.
My property was 1670 sq. feet
3 Large bedrooms (which is hard to find)
2 1/2 baths
Good open floor plan
Completely remodeled inside with a new custom (not Home Depot) kitchen — all the pullouts you could imagine.
Huge association dues – $280.00 a month
Good, safe community with 230 units.
Despite the fact that I had to relinquish my beautiful kitchen, I am looking forward to a nicer piece of property that I can afford and not have to pay on a gazillion years. If I remodeled one, I can do it to another.