1.09.2009

Should we stay or should we go?


What to do, what to do.  Our home has been on the market for 9 months.  9.  months.  We've had lots of people come through it, lots of people love it, but an offer has yet to be made.  Now we find ourselves at a crossroad - what do we do?  Do we, a). Leave it on the market and just ride it out?  See what happens?  b). Take it off the market for a few months and then relist it?  Or c). Take it off, refinance and then put it back on the market next year.  

What am I leaning towards?  Option c.  Lower interest rate, lower monthly payment.  That also allows us to finish some projects (and have the money to do so) over the next year.  Cody has worked so hard on our backyard, but there are still some things left to do.  We need to finish the pergola, do some cement work, and then there's the end-nowhere-in-sight bedroom furniture.  Obviously, we want to settle in PG, but we've been looking at homes up there for roughly 3 years and have yet to find a house that we are madly in love with.  There are homes we like and get excited about, but nothing has really felt like 'our house'.  Maybe it never will, I don't know.  

Then on Tuesday we had 2 appointments for people to come look at our house.  Wha??  That was out of the blue!  One of them LOVES our home, it's their favorite.  Top of their list.  Um.  Still no offer.  Not sure what they want to do, but Cody and I are thinking, "if nothing happens, lets pull it off and refinance".  

But...is that really what we're supposed to do?  I'm really ok staying here another year.  I feel that we haven't sold for a reason.  We may never know why, but we're being watched over and we feel at peace with whatever we should do.  We just don't KNOW what to do!  I know that ultimately it's up to Cody and I, but that doesn't stop me from asking everyone I know their opinion.  So tell me...should we stay or should we go?

11 comments:

The Bakers said...

Keep it up, buy while the prices are low baby...

Nicole said...

I would stay. The market is horrible right now and the house prices are low, but I TRULY think they will go lower. Even though prices have gone low, you still could end up upside down if they fall even more. We sort of are in the same dillema...we want to buy a newer house...but they are still so overpriced that we don't dare sell our house. We got such a great price on it for the SQ feet. Anyway, that's my take, but the market is different here in duluth.

Jen said...

Just this last week, 2 houses sold in my ward. As soon as the interest rates went down, one of the families got 3 offers in one day! The other family had their house up for sale for just 2 months. However, the larger homes are not selling around us. I think they are WAY OVER PRICED. Like over $500,000.00! Yikes! Some of them have been on the market for a year!!!! Maybe wait it out a little longer to see if you receive any offers.

Hang in there! I believe no matter what choice you make, it will be the best one for your family.

The Bastian's said...

I think you should move to Idaho!

Shaunee said...

I hate selling houses. I've only one it once but it was so stressful and not fun at all :( I don't know what to tell you, whatever you think works best for you (that's real original isn't it?!)

Rhonda Can't Help You said...

Dude...that sucks. It's a great house- things will happen when they need to. You should keep doing whatever you WANT to be doing, and call me to get a bev. That's MY suggestion.

Rita said...

Oh...that is a tough one. It is a tough market...but also low prices to buy! You'll make the right decision!

I know...that was really helpful...

Kateastrophe said...

Ooooh whoever talked about the low interest rates is smart. You might get an offer now that people are getting such low interest rates!

I know you guys will do the right thing and everything will work out perfectly!

Shawn said...

If I was in the area I would buy your house, cause your real estate agent has cool hair...

But I'm not.

Good luck! :)

sue-donym said...

STAY!!!!!!!!!!!!!!!!!!!

Tim and Angie said...

I think you should keep going. I think it would be fun to have you in PG, and I think it is a wonderful little town! I know it is hard to sell right now though. I've seen a lot of great houses in our area for sale if you want me to keep my eyes open for you. Good luck, whatever you choose.