Monday, October 29, 2007

depressing real estate update

our @#$%^& richmond house is never going to sell. ever. we relisted with a new agent a little less than 3 weeks ago. we really like this guy - he's everything our last realtor wasn't. the new guy calls his clients at least once a week even if there's no news. we begged and pleaded with the 1st realtor to do that but weeks would go by without us hearing from him. the new guy actually does more than just list on the MLS too - he's got it in the newspaper, on websites, all kinds of stuff that the other guy never even considered. but alas a better realtor isn't really helping us. 3 weeks and we've had one lousy showing. and it was another "we want a historic house with charm" couple. seriously. it was built in 2001. what is the deal with these people. why do they even bother looking??!?!!?!?!? also not helping is that another neighbor has put their house on the market. their house is 2 doors down from us and very similar to ours, though 10 years older. they bought their house a long time ago so they will be making a ton of money no matter what it sells for. they are being super aggressive with their price so we really have no choice but to keep up with them. no luck on renting it out either so we are looking at yet another price drop. unfortunately, this is the drop that will officially put us in the red. we will lose money on this house. we haven't officially decided to drop the price yet, but we really have no choice because we can't keep this double mortgage thing up for long and with the neighbor's house listed for 15K less than ours no one will even look at ours. right now moving to boston seems like the worst decision we ever made. we may be eating ramen noodles for the rest of our lives. i hate real estate.

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