Already hate house

[Anonymous]

Just under contract. How long before I see a 60k appreciation?

[Anonymous]

Why did you put in an offer?

[Anonymous]

Anonymous wrote:Just under contract. How long before I see a 60k appreciation?

It's a mindset: if you're sure you hate it, you'll hate it, probably forever. Find ways to at least like it; presumably you liked it enough to put an offer in. Find that ember and fan it.

[Anonymous]

Too damn bad.

[Anonymous]

Haha, nice one. You mean depreciation, right?

[Anonymous]

Why?

[Anonymous]

Give yourself some time to decompress. It’s a grueling process, it doesn’t exactly put you in a great frame of mind. Assuming you’re not in a position to back out, try to just stay cool and see where you are in a few months. You bid on that house for a reason, and you’ll probably remember why someday.

[Anonymous]

Anonymous wrote:Give yourself some time to decompress. It’s a grueling process, it doesn’t exactly put you in a great frame of mind. Assuming you’re not in a position to back out, try to just stay cool and see where you are in a few months. You bid on that house for a reason, and you’ll probably remember why someday.

Because they were told to buy now or be priced out forever. The realtor slogan.

[Anonymous]

Anonymous wrote:Give yourself some time to decompress. It’s a grueling process, it doesn’t exactly put you in a great frame of mind. Assuming you’re not in a position to back out, try to just stay cool and see where you are in a few months. You bid on that house for a reason, and you’ll probably remember why someday.

Nope. Just need a place to live. Only redeeming valley is it is a shelter. Just need to make 60k.

[Anonymous]

Only 60k?

[Anonymous]

Why 60k. Have you even moved in yet? Why do you hate it

[Anonymous]

Anonymous wrote:

Anonymous wrote:Give yourself some time to decompress. It’s a grueling process, it doesn’t exactly put you in a great frame of mind. Assuming you’re not in a position to back out, try to just stay cool and see where you are in a few months. You bid on that house for a reason, and you’ll probably remember why someday.

Nope. Just need a place to live. Only redeeming valley is it is a shelter. Just need to make 60k.

? If you went in with the expectation that all you wanted was shelter, surely you can't be disappointed, silly! And unless you're buying a single room, 60K seems to be a typo.

Deutsche Bank predicted a major recession in 2023, and other financial institutions whose job it is to predict the future said there would be a much milder event. Whatever it is, with rising interest rates and out-of-control inflation, I don't think you'll see a 2022 real estate purchase in the DC area appreciate as fast as you want.

[Anonymous]

We’d need to know more about the house and location to estimate how much it will appreciate.

[Anonymous]

Anonymous wrote:We’d need to know more about the house and location to estimate how much it will appreciate.

60k sounds like amount to recoup buying and selling costs, do the math, I'm too lazy to look it up ...

[Anonymous]

Anonymous wrote:

Anonymous wrote:We’d need to know more about the house and location to estimate how much it will appreciate.

60k sounds like amount to recoup buying and selling costs, do the math, I'm too lazy to look it up ...

That’s what I took it to mean too.