This is a great relief for me as I just accepted the promise to purchase for my house! It’s now time to go and shop around for my next house :-D.
Selling a house can be a stressful time as it is normally a very long transaction. Between the time you put the house up for sale and the time that you actually get the cash in your hands, it can take several months.
In fact, even if I sold my house within 20 days, it will still take 2 months before everything is settled. I’ll get my check only in June! And this is actually quite fast!
I faltered as a negotiator…
I am usually pretty good at negotiating deals. In fact, I negotiate all day long so it’s easier for me when it’s time to elaborate a plan. Unfortunately, it is quite hard when emotions come into play. I have the tendency of clamming up right away instead of being cool as a cucumber.
I guess this is why I only got 331K for my house instead of generating a few more grand. I was torn between selling my house in 2 weeks or waiting for the next offer which may have been 335k at most. I figured leaving 4K on the table is not the end of the world. As they say, “a bird in hand is better than two in the bush”.
On the other hand, selling this quick is a blessing as I am relieve from the stress of cleaning up before each visit and I can move forward faster. I have also accepted because it was higher than my “reserve” price of 325K. Now I can shop around and make a firm offer instead of fooling around with a conditional offer. The only restraint is my time frame… which is a little bit less than 60 days.
I think I am frustrated because I feel the other guy “won” as I wasn’t able to get more money out of him. This is hard for my pride… and for the wallet ;-). The gravy could have paid for all the other related fees and now I will have to pay for them…
In the end, it’s a very weird feeling as I am happy and frustrated at the same time. Greed is a very powerful emotion. When I put my house up for sale, I was hoping to get 325K, at best maybe 330K. Now I will close at 331K and I am still disappointed as I thought I could get 335k… my brain works in strange ways doesn’t it?
Oh well, now it’s time to go house hunting! This is way more interesting!
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