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Would be grateful for reassurance that I made the right choice in accepting a low offer…

My husband has been extremely unwell with multiple hospitalizations. It’s been very stressful.

Before all this health stuff started, we put a contract on a house that he absolutely loved in a city 35 miles away in a college town.

We got a bridge loan on our existing home to buy the new house. The market where we bought is extremely competitive. The market where we're selling is very lethargic.

Our old house sat for two weeks without a single showing. Then we had six showings in two days. No offers.

Then a few days later an offer came in, $30,000 (8%) below asking. No contingencies. No inspections. Cash. Immediate closing.

The realtor suggested that we counter but I told him that for the $10,000 extra that he said that we might get with a counter offer, I'd rather just get it sold.

I told my husband, I am tapped out. Please let's just sign. He was in agreement.

The monthly expenses on the old house (which is now empty)are $3,000 a month (bridge loan plus utilities), and it's an "expensive" house for the area.

I love our new house and my husband seems happy to be here. He was the one that wanted to move and it's very close to medical care and all his doctors.

Right now, I am pretty much solely responsible for all the big (and little) decisions and I would be grateful to know that I didn't screw up.

Thanks for your insights. This has been a very difficult time.

submitted by /u/Basic_Incident4621
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source https://www.reddit.com/r/RealEstate/comments/1l4p59l/would_be_grateful_for_reassurance_that_i_made_the/
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