View Poll Results: Have you considered moving to smaller digs?
We have downsized but now REGRET doing it 
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Voters: 35. You may not vote on this poll
Downsizing Dilemma....
09-09-2015 | 05:55 PM
#131
Joined: Oct 2002
Posts: 22,027
Likes: 469
From: St-Redempteur,Qc.
Scary update: We have an agreed upon price and the two lawyers are putting together a sales agreement in the next few days.
The longer version is that the buyer reneged on the price agreed upon 6 weeks earlier and had their lawyer email an agreement that was $15k lower than our verbal agreement.
EXTREMELY annoying, but I guess it's "par for the course" in a real estate transaction. In the end, we split the difference after 10 days of back-and-forth.
Next chapter: Where and when do we move? To be continued....
The longer version is that the buyer reneged on the price agreed upon 6 weeks earlier and had their lawyer email an agreement that was $15k lower than our verbal agreement.
EXTREMELY annoying, but I guess it's "par for the course" in a real estate transaction. In the end, we split the difference after 10 days of back-and-forth. Next chapter: Where and when do we move? To be continued....
09-16-2015 | 07:36 PM
#133
Thread Starter
Joined: Oct 2000
Posts: 18,875
Likes: 31
From: Philly (Narberth)
Expecting to sign a Sales Agreement tomorrow afternoon for our house, with Closing no-later-than 6/1/2016. If we don't figure out "what's next" in the coming months, then we will be officially homeless.....moving to Quebec with Renee and Emil 
LATER tomorrow afternoon, we have Closing scheduled on a HELOC...in case we need cash w/o tapping into savings with resultant capital gains tax
LATER tomorrow afternoon, we have Closing scheduled on a HELOC...in case we need cash w/o tapping into savings with resultant capital gains tax
09-16-2015 | 07:59 PM
#134
Joined: Oct 2002
Posts: 22,027
Likes: 469
From: St-Redempteur,Qc.
Expecting to sign a Sales Agreement tomorrow afternoon for our house, with Closing no-later-than 6/1/2016. If we don't figure out "what's next" in the coming months, then we will be officially homeless.....moving to Quebec with Renee and Emil
LATER tomorrow afternoon, we have Closing scheduled on a HELOC...in case we need cash w/o tapping into savings with resultant capital gains tax
LATER tomorrow afternoon, we have Closing scheduled on a HELOC...in case we need cash w/o tapping into savings with resultant capital gains tax
10-05-2015 | 02:13 PM
#135
Thread Starter
Joined: Oct 2000
Posts: 18,875
Likes: 31
From: Philly (Narberth)
3 hours ago we signed an Agreement to sell our house of almost 31 years! It's a good deal with ZERO contingencies and I think that we are over the emotional part!
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
10-05-2015 | 03:28 PM
#137
Joined: Jan 2001
Posts: 42,267
Likes: 5,861
From: Mish-she-gan
3 hours ago we signed an Agreement to sell our house of almost 31 years! It's a good deal with ZERO contingencies and I think that we are over the emotional part!
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
10-06-2015 | 06:35 AM
#138
Thread Starter
Joined: Oct 2000
Posts: 18,875
Likes: 31
From: Philly (Narberth)
our son Ben (32) is the most nostalgic; he's lived in this house since age 18 months! yes, read the article when you have a chance...it's not a long one.
10-09-2015 | 01:47 PM
#140
Thread Starter
Joined: Oct 2000
Posts: 18,875
Likes: 31
From: Philly (Narberth)
Originally Posted by paS2K' timestamp='1444083197' post='23767015
3 hours ago we signed an Agreement to sell our house of almost 31 years! It's a good deal with ZERO contingencies and I think that we are over the emotional part!
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
We have several options for our next home....from 0.2 to 30 miles from here. The good part is that our agreed-upon closing can be as late as the end of spring 2016.
Funny to find THIS downsizing article in today's NY Times headlines email. It highlights a number of the issues.
About 1900 sq. ft. with 2 BR, 2.5 bath and some cool touches. I'll post some pics if/when we seal the deal. It's waaaaaaaaaaay too much money but I am slowly talking Kathy into it.
We need to negotiate a bit more, but developer is motivated to get the first of 6 units SOLD
They are also very flexible on a settlement date in mid-spring 2016.