Share your home selling nightmare, and we could feature it on FrontDoor.com!
Posted by Annalisa Burgos | April 16, 2009
Selling a home is a challenging job racked with potential pitfalls. Those of us who’ve experienced those pitfalls know the misery. Well people, misery loves company!
FrontDoor.com wants to hear your stories about surviving a home selling nightmare! Did your home sit on the MLS for three months without one offer? Did your real estate agent list your home too high and you had to reduce the price every week? Did the professional stager charge you an arm and a leg for some new paint and candles? Did the appraisal come back lower than your sale price? Did the home inspection reveal thousands of dollars in necessary repairs and your buyer threatened to bail?
We want to hear about it! Email your home selling nightmares to egray@scrippsnetworks.com. We could feature you on FrontDoor.com’s new Pricing Your Home Guide, due out in May!
Everyone wants to get the most money out of their home when they sell, but you can’t always get what you want. If you really have to sell now, do the research so you can price your home based on fair market value and market trends. Be realistic. You may have to do a lot of compromising to get your home sold.
Subscribe to this blog
Friend us on Facebook
Follow us on Twitter
Jaci Jackson
April 20th, 2009 at 9:27 am
Home selling nightmare? We had a home BUYING nightmare (so I’m guessing the seller was experiencing the same nightmare)!
We make MORE than enough money to afford the home we had a difficult time buying! My husband and I BOTH work full time and have very decent salaries, along with good credit, longevity at our jobs, etc – all the things that make up the perfect buyer, and yet it was a nightmare trying to buy a house!
As first time home buyers, we bought a home 1/3 rd the price of the loan we were approved for (we don’t want to be house poor, we have many expensive hobbies) and yet we were dragged through the gauntlet of a bank that seemed unwilling to lend. We can more than afford the monthly payments on just one of our salaries, and house only costs us a total of $70 more than we’ve been paying in rent the last 2 years. We gave them every piece of information imaginable, stopping short of blood samples, and yet they still held our closing date off for a week (and gave no reason).
I can’t even begin to explain all the ridiculous hoops we had to jump through to perform in this home buying circus!
We are FINALLY in our house after almost three months of battling it out with the banks (and our house was NOT a short sale or anything else unusual). Our mortgage broker was excellent with over 30 years experience and he said that he had never seen the banks behave the way they did through our lending process. We went for an FHA loan, but we’re still not certain that was the reason for the intense scrutiny and outrageous requests.
In other news, my sister-in-law and her husband (who bring in a great deal less income than we do) just purchased a brand new pre-construction costing almost $80,000 more than our home and they had no problems whatsoever with the lending process!
Good luck to all you home buyers (and sellers)! If you can handle the runaround, go for it!
FINALLY a homeowner,
~JACI
Tonya Sumner Brown
August 5th, 2009 at 12:03 am
Homebuying is a nightmare. We are having the biggest nightmare of my life. The bank held the loan for three weeks past the closing date. Georgia Dream who boasted two days turnaround, is now into the seventh day and claiming an undisclosed number more days, the bank that owns the home is going to put it back on the market Friday, like it did to the purchaser before us for the same reason. So much for the GA Dream. How about the GA Nightmare with tears on top.