[quote=george][quote=patb]i just sold my house, and it was initially contingent on the
buyers listing their house for a certain price, and they had
90 days to sell.
now personally i was glad to take the offer, it got me out, and
we go to close the 19th, so, what the heck. I’m out of my
wonderful 4.875 mortgage.
i just didn’t want to run a rental property. and i’ve got my equity out.
assuming the dollar doesn’t collapse[/quote]
Congrats! Did they gave a total of 90 days to close, or did you tack on an extra 90 days to the typical 30 day close?[/quote]
we listed April 25, got an offer may 21, with a closing
set for sugust 8th contingent on them selling their house
before then, and that they would list within 72 hours for
a determined price.
They got under contract 7/31 with some contingencies on their
end (Inspection, etc…) and they just agreed to a closing date without
contingency 8/24 so, it’s in the pike.
maybe we could have gotten more, maybe not, but,
in april the markets started turning north and i wanted to be out
of that place and, free and clear.
now to see if the Alt-A tsunami comes roaring in and i can buy a
nice Duplex in DC for under 300K.
