Join Date: 08-11-2001
Location: Central Florida
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Re: Home buying blues (PITA)
I close on my home tomorrow that I'm selling. The new one isn't quite done yet, way behind. I put closing off on this one as long as I could with a clause that I could occupy it until the new one was done. Well, the new one should have been done last month. Today I get the August 13th date on the new one for closing. I chose my buyers carefully that would let me stay here until the new one is completed. What a deal.
When I first built this one, it was about 3 months late. I watched the rate rise and rise and it cost me about 2% on the rate back 10 years ago. Talk about stressful.
They say moving is the most stressful event in one's life. I believe it. I feel somewhat lucky in my situation. My equity will sit in a money market for the interim time until the next closing. The interest will pay my lease back rent payment to the new owner's. FREE RENT!
No realtors on either end. Saved tons!
Last edited by smkeatr; 06-28-2004 at 7:54 PM.