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Real Estate
Reply to "Over paid for my house and stressing it"
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[quote=Anonymous]A cautionary tale OP: we withdrew from a contract under appraisal contingency a couple weeks ago because it came in 10% under the contract price, in an area where this is not common. 10% was a lot of money for us, both in terms of making up the difference for the loan and the risk of losing money if we lose our jobs, have to move, and can't sell that high. But for now, our lease is running out in a month, and not a single house has been listed in 2 weeks that we even want to see. We're looking for a rental now because another pandemic year in a small apartment with shared laundry and no private outdoor space is not an option, but pickings are slim. [/quote]
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