01-25-2011, 03:50 AM
This is a little worriesome as I just placed an offer on a home.
This is my first short sale and I offered quite a bit below market price. I was told by the listing agent that it is a reasonable offer and will probably be accepted. But now I am wondering if I should hold off for another year? If the dip is only going to be 6-12 months then I will be okay. But if it is going to keep on dipping for another few of years it could be disasterous for my retirement plans. [
!][!][!]
|---The Ka'u Web---||---The Kona Forum---||-----Da Kine Hosting-----|
| www.KauWeb.com || www.KonaForum.com || www.DaKineHosting.com |
This is my first short sale and I offered quite a bit below market price. I was told by the listing agent that it is a reasonable offer and will probably be accepted. But now I am wondering if I should hold off for another year? If the dip is only going to be 6-12 months then I will be okay. But if it is going to keep on dipping for another few of years it could be disasterous for my retirement plans. [
!][!][!]|---The Ka'u Web---||---The Kona Forum---||-----Da Kine Hosting-----|
| www.KauWeb.com || www.KonaForum.com || www.DaKineHosting.com |