My House In Maryland Is For Sale, AND...

ChuckG · 09-27-2008, 06:20 PM

I'm ready to move to Florida ASAP.

BUT.....I have several obstacles still in my way.

First, have to sell the house in Maryland, and the Real Estate market stinks up here, but not QUITE as much as it does in Florida. Looks like we'll take an 80 to 100K hit on the price.

Second, I'm still trying to sell my business/practice. I've had NO inquiries after having it listed for nearly 8 months. My contract with the broker runs out in February.

The house in Florida has been completed for several months. We just got back from a quickie trip down there.

SO...keep your fingers crossed for me.

Couldn't be a WORSE time to try to sell a house with the real estate meltdown, the mortgage mess, and now the "related" 700 BILLION rescue plan.

Also, the stock market has taken a 3000 point hit over the past several months. My timing sucks.

Here's a link to the listing of my house in Maryland, if anyone wants to check it out.

http://www.marbykelly.com/

Mine is the house at 2113 Hampton Court, Fallston, MD.

Chuck

Shadow · 09-27-2008, 10:14 PM

Chuck,

Good luck with the sale of your home and the business.

It's a tough time but you'll never regret the move

ChuckG · 09-28-2008, 05:59 AM

Quote:

Originally Posted by Shadow

Chuck,

Good luck with the sale of your home and the business.

It's a tough time but you'll never regret the move

Thanks. I think I'll need more than luck.

I'll need a miracle. Never really expected to sell the practice. The $$ from any sale never figured into my retirement plans. I can pull the plug at any time.

The house? NOTHING is selling. Even qualified buyers can't get financing. Then there's the eternal problem of a potential buyer wanting to buy a larger house, BUT has to sell his house first.

It's an absolute mess. If the house doesn't sell, we're seriously considering renting it. Don't want to do that, but..............................

Chuck

Shadow · 09-28-2008, 10:35 AM

What about a qualified buyer and a lease option?

ChuckG · 09-28-2008, 10:48 AM

Quote:

Originally Posted by Shadow

What about a qualified buyer and a lease option?

Yep, that's a possibility.

Chuck

Lou G · 09-28-2008, 01:06 PM

I feel your pain Chuck. We are all in the same boat. Some of us have more or less paddles. We just need to hang in there. Unfortunately I am not very optimistic about this bail out and how long it will take to get the economy going in the right direction. My biggest concern is that the people who created most of the problems are going to watch over the solution.
I think we need business people, rather than legislators, to come up with an answer. What a mess.

However, I am blessed to live and be a citizen of this country and to enjoy the liberty it provides. Came to the U.S. 52 years ago with nothing.
There are so many that have so much less than what we have.

Shadow · 09-28-2008, 02:20 PM

Lou,

You're right, but if we don't watch our arses, we'll be in as bad a shape as many other places.

I agree that we need business people to run the country. And not "just" business people, but people that have built thier businesses from the ground up on thier own and have done well with them

Not some spoiled brat that had a business left to him/her

Chuck,

I really hope that place sells for you brother, but again, that qualified buyer with a lease option might be the best you'll find for awhile. At least the payments, taxes, etc will be covered and the home cared for, and when the economy changes (I give it 1 to 2 years max), you'll have a buyer and they'll have a home

One other suggestion if I may?

Try listing it with the military and corporate relocators

Although not too many people I know are voluntarily relocating up north

, the military (especially the officer types) and corporate types, have no choice.

Might be a win-win for both of you

I have a few friends out here at MacDill. I'll see what needs to be done and get back with you this coming week.

Gordon

ChuckG · 09-28-2008, 06:06 PM

Thanks for the kind words and thoughts, guys. I appreciate it.

Lease to buy? Hmmm. I'll have to ask about that one.

Right now, the house has been on the market for less than 2 weeks, so I'm gonna give it some more time.

Regarding the current "bailout", the same idiots in the House (Barney Frank) and the Senate (Chris Dodd) were the chairpeople of their respective banking committees while this was going on.

Christ, the foxes are guarding the henhouse.

Chris Dodd is best known as Ted "The Swimmer" Kennedy's drinking buddy.

Barney Frank? Well, what can you say.

A pox upon all of them IMHO. Throw them all out, Democrats and Republicans.

Chuck

Lou G · 09-28-2008, 08:55 PM

Quote:

Originally Posted by ChuckG

Regarding the current "bailout", the same idiots in the House (Barney Frank) and the Senate (Chris Dodd) were the chairpeople of their respective banking committees while this was going on.

Christ, the foxes are guarding the henhouse.

Chris Dodd is best known as Ted "The Swimmer" Kennedy's drinking buddy.

Barney Frank? Well, what can you say.

A pox upon all of them IMHO. Throw them all out, Democrats and Republicans.

Chuck

Amen to that brother!! Couldn't agree more.
Lou

Shadow · 09-28-2008, 09:07 PM

Quote:

Originally Posted by Lou G

Amen to that brother!! Couldn't agree more.
Lou

I'll second that and buy the next round