Submitted by Dan13lp88 t3_zg4kqo in personalfinance
So a few days ago I receive a call from a local realtor. Apparently the previous owners kids are moving back to my town from California and they really want to buy my house specifically because they grew up in it. I had no intention of selling nor putting my home on the market but if the cash offer they mentioned is good enough I would definitely consider selling it. However selling now is a huge inconvenience as I’d have to find a new place and I just had a baby in September. I currently owe 67k on the home and the realtor sent me comps of what has sold in my town the past 6 months. She gave me a range of 117k-124k on what my home is currently worth now. I would be willing to cash in on this and move in with my in laws for a while until I find a new home. (I did not mention that part to the realtor). What do you guys think? Is this a scam? Part of me thinks they are looking for inventory.
Has anyone ever dealt with anything similar? I have never sold a home so I’m not sure how much I would net. I sent her a price of $120k and I’m waiting to hear back on their side. My home is probably only worth about 105k right now. I have upgraded the kitchen, basement and upstairs bathroom.
How much would I net? Can I mark it up since they are wanting to buy it from me? Do I have to fix anything or can I sell it to them as is? I don’t want to go out of my way to sell it, but for the right price and profit I would consider selling it and upgrade homes. Just too many unknowns and would have to settle with whatever is available if I don’t build