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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I guess I just want to rant at my own stupidity. I'm young (30) and dumb and I'm just feeling really down about this whole situation lately and it's stressing me out. I'll first state that we live out west, not in DC anymore.

It started in Feb when I was browsing Zillow and found a house I really wanted. It had exactly what I wanted and even though we weren't in the market to move, we decided to put in an offer and it was accepted. This house is only about 5 miles from where we currently live. This happened super fast - we got a bridge loan because we didn't even have our current house on the market nor was it in ready condition. We closed on the new house in only 2.5 weeks. I hated the flooring in this house so used some savings to put in new flooring on the bottom level before we started moving our stuff in. Also got some new appliances. I fully admit that this whole thing was a rash decision! I do love our new house, but in hindsight, I should've cooled my jets.

Now, I (wrongly) assumed the house would sell fast. A friend of mine sold her house, which is similar to our old house, within 2 days on the market. Our realtor said that ours should go soon, but my friend's house might have been an anomaly, as he told us the market is starting to cool down. Our asking price was $475 which I feel is within comps! I purchased the home in 2022 by myself (I wasn't married at the time) for $375 and have done some renovations to 2 of the bathrooms.

Within 3 days on the market, we got an offer, but IMO (at the time!!!), it was insulting. They offered 25K below asking. I said no. I did talk it over with my parents and they told me to accept it but I was stubborn. My husband also wanted to accept it.

Now here we are 60(!) days later, with NO other offers, hardly any interest. A handful of showings and a bunch of looky-loos at an open house we had last weekend. My realtor suggested a price cut a month ago and I reluctantly did it. Reduced by 15K but that was a month ago. I asked my realtor if he could get those people who made the offer back but he told me that they have already bought and closed on a different house. If I keep having to lower the price, I might not make any money on this house or worse yet, lose money.

I hear constant stuff on the local news here how the housing market is stalling out, with the exception of really high end (1.5Mil+) homes.

I'm now paying 2 mortgages, so much of my savings is gone due to remodeling & buying new appliances for the new house. I am freaking out. This is my first time selling a house and I guess I'm learning a hard life lesson. My husband OTOH doesn't have a care in the world, but I'm the main bread winner in our house.

How screwed am I?[/quote]

Do you always bulldoze over your husband, parents and professionals to get your way?  You need to do some serious introspection on why this is so. That's not a hard life lesson. You lower the price until it sells. Now you own a house you love. Stop resisting good advice. [/quote]

I have to agree with this. It wasn’t one bad decision, it was several. You need to put less faith in your own judgment, which is clearly flawed, and more in your professionals and family and friends.[/quote]

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