I really appreciate the insights from you guys. It's an amazing sounding board for opinions and experience.
The price the realtor gave me today is about $200K more than I thought the house was worth, and he offered up the lower commission. I didn't have to ask for it. I guess the market could be up some, but I still think it's a significant premium over the market value. If the buyer and offer are for real, I'm leaning toward taking it (before Newsom can do any real damage, or force me to take in 12 illegal immigrants...Ooops! I mean asylum seekers).
The realtor just texted back! He said the buyer is flexible enough to give me a 90 day escrow if I need it, but deals fall out in long escrows. I'll propose closing quickly and renting it back tomorrow when he's here, but my gut says to take the money and run. Renting a 12 month transitional place is a PITA, but I'll be in a better position to buy when we do decide where with the cash in hand. Everything is going in storage anyway if we do the RV thing.
My chances of getting any sleep tonight zero to none
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Craig T
Volvo V60 - Daily Driver (I love it!)
997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct
1972 Chevy K-10 Pick-Up Truck Hugger Orange
