13rin wrote:
dang...
We're still in a "first time new couple buyer's house" so we're fine. I've padded enough to take the hit and will probably lose 20k on the casa IF we sell. It's a shame too as I've added a new roof, new AC, new water heater, tiled kitchen/bathrooms, re-carpeted/painted, lawn service, sprinkler system... Some new couple is going to jackpot on this...
You wouldn't believe the deals I've seen.
A house in my parents neighborhood originally sold for 800k+ at the height (2005ish). Well we sold it for 250k a few months ago. It sat for a couple years, but all it needed was carpet, landscaping, paint, and the pool to be acid washed. ie, put 30k in and it's virtually new.
Now that was a steal.