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Signing the House Listing Today

June 6th, 2012 at 01:41 pm

We're going to sign the house paperwork to get our house back on the market today. Our Realtor will FAX the pages to my office. They're not here yet, so I'm waiting.

We asked the Realtor to suggest a price that would hopefully lead to a sale by around September 1. As I mentioned yesterday, that's $20K less than our previous listing. We'll see where that goes. If we don't have a few serious lookers this month, we'll drop the price again.

If it's sold at list price, we'll have to go the short sale route. So, we'll probably end up getting Mort 2 financed through a bank prior to selling this house. In case you haven't been following my blog, or don't remember, Mort 2 is money we borrowed from family to renovate the house we're currently living in. The original agreement was that we would pay them back when house #1 sold. With the reality of a short sale, that changes things dramatically.

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