Monday, December 19, 2011

Selling the house

So we closed on our house last Friday.  Selling our house has actually been one of the relatively easy parts of this whole deal.

Here's a little background, for those of you who don't know.  The house we owned was right next to the college here.  We lived less than a block from the dorms.  The college has been expanding (and is planning to continue expanding) and we knew that eventually they would want to buy the house from us.  So our original plan was to live in the house for a few years, then use it as a rental, then sell it to the college.  But less than 6 months after we moved in the college was buying houses on our block and tearing them down for parking lots.  (I wrote about this when our next door neighbors sold and their house was torn down.)

Anyway, that meant when we started with our whole- Brian finishing school/moving back in with my parents/selling our house- business we knew the college would be interested in buying.  And they definitely were.  And because we'd been in the house for less than a year (we started this whole process back in October) they were willing to use the appraisal that had been done when we'd bought the house.  Which meant that even though housing prices have continued to fall here, they offered us what it appraised for when we bought it.

So.  We had to deal with no showings, no real estate agent, no cleaning (HALLELUJAH!) no fixing anything up, no dropped price, and they offered us up to six months to pack up and move out.  We didn't need six months, so we told them we'd be out by January 1, but still, that would be really nice if we needed it.  All in all a MUCH better experience than selling our house in Texas.  I highly recommend buying property somewhere where you'll have a guaranteed buyer when you're ready to sell.


  1. That's nice that at least one part of this ordeal was stress free.

  2. That's great. I never want to deal with listing/showings/cleaning etc. I hope we can just stay in our house forever!

  3. That's great! Remind me to get a college to buy my next house!

  4. That is quite impressive. As someone planning to try to sell our house in the next year, I am jealous.


  5. Hello all,

    You have created a very good site. Confirm that the house will be listed in the MLS and that a professional-looking fact sheet will be prepared to help market the house. Have them outline their strategy for making your home as attractive as possible. Thanks a lot...


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