Talk about crazy markets. Houses on our street routinely sell in one bracket. Sunday, first day on market, one sold for cash at a third higher, no inspection, no appraisal. Gives every house a big comp for now. Later, when reality strikes the market, that might by a by-gone dream.
Thing is, the seller is moving into the house next door. Wonder how that will work out? New folks move in, get settled. Seller hears knock on his door and opens to find buyer: Sorry to bother you but could we talk about the water heater and the leak under the toilet? A little late, maybe, but also maybe not the last time that happens.
Like owning a duplex and renting out the other unit. Your door is always open for complaints.
Talk about crazy markets. Houses on our street routinely sell in one bracket. Sunday, first day on market, one sold for cash at a third higher, no inspection, no appraisal. Gives every house a big comp for now. Later, when reality strikes the market, that might by a by-gone dream.
Thing is, the seller is moving into the house next door. Wonder how that will work out? New folks move in, get settled. Seller hears knock on his door and opens to find buyer: Sorry to bother you but could we talk about the water heater and the leak under the toilet? A little late, maybe, but also maybe not the last time that happens.
Like owning a duplex and renting out the other unit. Your door is always open for complaints.