05 Jul Level heads of the Redd – advice needed/welcomed
Hello – and thank you all in advance.
Here's my dilemma.
I lost my partner one year ago. I have a 4 bed, 2 b split-level built in '94 on 3 acres 3 miles from our small midwestern town. I decided to sell/move across the country to be near family.
Realtor recommended price of $325k, supported by comps, etc. Property listed, accepted offer of $295 within the first week. Home inspection, appraisal, survey all passed without a hitch.
Quit job, had estate/personal property auction – (who wants to move all that much lol) and close was scheduled within the month. All I kept was a bed, a chair and electronics. I'm now sitting in an empty house, basically.
Covenants were discovered in the title search. You can have personal pets (horses but not goats or chickens) and realtors tried to have the majority of the other owners in the covenant group to sign off on goats, but no go. Buyer dropped out right before close. Fail.
The house is now back on the market. It's now up to 50 days (including the 40 it was under contract) and I don't know what to do.
Is the listing stale? Will the potential buyers think something is wrong with the place? Will dropping the listing to $299k get more interest? Am I running out of time, as in the fact that we have long, hard winters here and properties simply do not move in the winter? Should I just move anyway and show/sell an empty house, as it is pretty much that already?
The Oracle Also Known as Google is not cutting it.
I'm not desperate, and, I confess! Confused as hell.