They guy next door had put his cottage house up for sale now!
His place is somewhat better than mine he has a garage and 2 bedrooms but home is smller than mine.He also has shared pier with me but does not own private lake access like I do.
No the kicker he bought the house for $34000 put several thousand into it and has it listed for $27900.That makes 5 small cottages on my street for sale now what a bummer!
I just dont have the money to dress up my place for better appeal and I will have to lower my selling price below his.Just not sure what to do now................."pulling what little hair out that I had left"lol!
You might be better off sitting on it for another year. Unless you just really want to sell or need to sell, you may lose your butt.
Have you thought about renting it out? I am stuck with a home I own cause I would lose my underwear trying to sell now and am now renting it
With lake access you might be able to rent it easily......
Just a thought
My father owns the home and he will allow me to sell it to buy something in Florida.We did rent it before for $425 per month but he says No more renting it out which yes I would like to do that right now!!
I had a good renter set up to do so but father said no way because "he says" I dont know what I am doing.Control issues,lol!
It is a small cottage home paid for in full so he could sell for a small loss and still come out ok.He bought the place for $20 grand and him and I have put in around $5000 total into the place.He could use the loss as a tax write off because he has another rental"seasonal only" directly on the water that they use here and there when not rented out.
I have tried to work it out with him as in rent this out for $349 per month ($349 1st $349 last month and a $250 damage deposit)and renter pays util,gas,phone and sewage.The $49 covers tax and ins on the place and I could use the rest for my rent/payment down there either on lot purchase or apartment trailer or campground....!
I want to save up some of the rent as a maintenance account for the house for repairs if needed then after that the $300 goes to me.He says NO way!
I have found a few ok places C r0ck that are fixer uppers thats what I am looking for unless it would be an recreational use lot.All the places I looked at back in 07 and of course those have sold but ones always open up all the time.The area's I have been to and looked is the Panama city Bay county region.
