Hello! So here´s my situation: I bought a house about 1 year ago, last July 2024. Initially, it was my dream home BUT, after spending a year in it, I realized that as a single guy living all alone in a big house, it is A LOT of upkeep and work. Fast forward to now, and by one of those shockingly unexpected moments, I was able to get a European passport due to ancestry and i REALLY love Europe. Anyway I wont bore you with details about my personal preferences, but here's the situation: the house is worth about 285k on the market. I am selling it for that price but its been over a month and sadly, not a single offer. I REALLY want to get rid of the mortgage at this point...and desperate to sell, so id even be willing to sell it for my loan amount which is 240k.
It's an American foursquare home, 4 bedrooms, 2000 sq feet, LIVABLE, except it does have knob and tube wiring and the original windows, which means some dont open. realistically, could I get at least 230-240k for my home? I know I've read cash buyers offer 70% of the house but that's I think when the home is not livable or needs extensive repairs? Mine does not, except for the wiring issue, but the kitchen is newly wired. Anyway, realistically, would a cash buyer company offer at least in the 200ks? It's also got brand new vinyl siding.
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source https://www.reddit.com/r/RealEstate/comments/1o9rmj1/how_much_is_a_realistic_cash_price_for_my_house/
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