Some ? to consider.

What will you replace it with and how much will it cost?

Are you moving from the area or just want a change?

Why move?

What are the house selling for in your immediate area?

 

Kid,

Where you looking to move to if you sell?

 

Real estate guy said he would list the property in the mid $160K range, and believes it would sell for upper $150's pretty easily. I didn't ask him about realtor fees. But I think the realtor gets about 7% or so. So I'm thinking it would cost me around $11,000 to sell.

Wholly crap - that's it?

I was there and saw it. I really like the place other than way too much lawn to mow. That's a personal problem with me :laugher:

Man, I could sell my place which is smaller with way less land, buy yours, buy a 2002 AO with Lingenfelter 598 :shocked: , and have enough $$$ to lay on my butt for half a year.

Damn.

 

Some ? to consider.

What will you replace it with and how much will it cost?

Are you moving from the area or just want a change?

Why move?

What are the house selling for in your immediate area?

Gilla,

We'd like to replace with a one story/ranch with full basement. Every thing on one level. Something in the 1500 to 1600 sf range. If I have my "druthers", I'll build it myself. Plus I want a pole barn to store the boat and for a work shop. I was a small GC up until about 10 years ago so building myself/sub contracting out is no problem. I'm pretty sure I could build what I/we want, for close to what we would get $$ wise selling what we have now, if I GC the job.

This is a great location but the wife and I are both looking for a change. Something with less maintenance and a little more room house wise. But still want privacy, so we'll stay rural.

Would like to stay in the same area i.e. south of Syracuse. We both like this area.

Houses in the immediate area are likely in the +200K to 300K range. But they are about X2 the size of our house.

 

Kid,

Where you looking to move to if you sell?

Pretty close to the same "hood"

 

so ya already have the land to build what you want. a place to live in til its done .

 

Re: Re: Selling our house

Wholly crap - that's it?

I was there and saw it. I really like the place other than way too much lawn to mow. That's a personal problem with me :laugher:

Man, I could sell my place which is smaller with way less land, buy yours, buy a 2002 AO with Lingenfelter 598 :shocked: , and have enough $$$ to lay on my butt for half a year.

Damn.

Real estate prices in Central NY are pretty low compared to most of the country. You can get a good bang for yer buck

Just about anything on one of the local lakes or water ways around here is way more expensive. I know....I've looked. Put these +,-8 acres and a nice little house on Oneida Lake, and you're looking at pretty serious $$. Prolly in the 350 to 500K range, maybe more

 

so ya already have the land to build what you want. a place to live in til its done .

Nope. If we don't find the right place to build before we sell, we'll rent a 2/3 bedroom apt or condo until we find what we want. That way there's way less pressure.

I owe about $2,500 on the mortgage so our place is "paid for". I figure we can let our "house money" collect a little interest, which will off set some of the rent.

 

Re: Re: Re: Selling our house

Real estate prices in Central NY are pretty low compared to most of the country. You can get a good bang for yer buck

Just about anything on one of the local lakes or water ways around here is way more expensive. I know....I've looked. Put these +,-8 acres and a nice little house on Oneida Lake, and you're looking at pretty serious $$. Prolly in the 350 to 500K range, maybe more

1/4 acre + 3 bedroom house down the street (within 1/4-1/2 mile) from the lake is $360k-$400k here.

2yrs ago we bought 1/4 acre adjoing our property for 5k. Score ! Within 2 weeks we had people bidding for it - contractors. Funny, we have no intention to sell it unless we move. Anyway - 28k was highest bid. This year 45k ! Next door - other side of house - 1/4 acre lot sold for 60k....to a CONTRACTOR. :dead: :dead: :dead:

 

Here ya go......little house on the prarie

 

My question is......should I try and sell it myself, or, should I go through a real estate co?? I've never sold a piece of property before and frankly, I don't have a clue on how to go about it :confused1
[/B]

Kidnova,

I sell real estate in the midwest, so I really don't know anything about NY. I would think it is safe to say in many areas there is more traffic early in the year and into spring than during the holiday months (bad weather, travel, family stuff, etc.).

Selling it yourself... This is like anything else, it can be done, but protect yourself. Remember, most of the realtor's job is to protect you contractually and market to the most "qualified" buyers looking for that type of property. If you can pull off those two things then go for it.

I always tell people my real job is to keep buyers and sellers from killing each other . Sad, but true. Lots of shady things happen out there. The sales contract legalese has gone from 4 pages to 8 here in just the last 4 years. The off the shelf contracts you buy at the store or on the net are often very generical and may not cover things that are important in your area or your situation.

Of course, I'm always gonna vote Realtor (its my job!). That being said, I'm not trying to scare you off, just saying cover yourself. There are some situations that it is an easy sell, so why spend the money. I'd get more than one opinion on the worth of the home though, not all realtors are created equally (in fact, some are quite bad).

Might be worth the $ to have a real estate attorney involved in the contract process if you forgo the realtor.

Good luck!

 

Anyway - wish you luck with this possible move.

One suggestion - get on flatter ground and don't have such a big yard to mow ! :bigsmile: :bigsmile:

 

Re: Re: Selling our house

Kidnova,

I sell real estate in the midwest, so I really don't know anything about NY. I would think it is safe to say in many areas there is more traffic early in the year and into spring than during the holiday months (bad weather, travel, family stuff, etc.).

Selling it yourself... This is like anything else, it can be done, but protect yourself. Remember, most of the realtor's job is to protect you contractually and market to the most "qualified" buyers looking for that type of property. If you can pull off those two things then go for it.

I always tell people my real job is to keep buyers and sellers from killing each other . Sad, but true. Lots of shady things happen out there. The sales contract legalese has gone from 4 pages to 8 here in just the last 4 years. The off the shelf contracts you buy at the store or on the net are often very generical and may not cover things that are important in your area or your situation.

Of course, I'm always gonna vote Realtor (its my job!). That being said, I'm not trying to scare you off, just saying cover yourself. There are some situations that it is an easy sell, so why spend the money. I'd get more than one opinion on the worth of the home though, not all realtors are created equally (in fact, some are quite bad).

Might be worth the $ to have a real estate attorney involved in the contract process if you forgo the realtor.

Good luck!

I hear you. I had a realtor look the place over this summer. He suggested selling off the two vacant building lots first, then sell the house/lot. That made no sense at all to me. My reason for buying the two other lots was so no one would build next to, or in front of our house.

I know my limitations, so I would definitely get an atty familiar with real estate involved.

Thanks for the input, Flatlander.

 

Just a thought, Why not stay where you are, build an addition onto the existing house that makes you happy. You end up with a bigger house. and what looks like a great setting to live.

Frank

 

Anyway - wish you luck with this possible move.

One suggestion - get on flatter ground and don't have such a big yard to mow ! :bigsmile: :bigsmile:

About 3/4 of the land is pretty level so not bad at all that way. Cutting the grass can get to be PIA. But it can also be like theropy {spelling} . I cut about +,- 3 acres in no time. Just sit on the 5 foot Z-turn mower, or in the tractor with the 7 foot finish mower and go for a ride

Actually wife and I both love this place. But we're thinking it will be easier to move/build now, while we're both still "kids" . We're looking for a place to retire to {in ten years }. Just something a little easier to maintain. We don't want to go through the moving/building thing when we're senior citizens

 

Just a thought, Why not stay where you are, build an addition onto the existing house that makes you happy. You end up with a bigger house. and what looks like a great setting to live.

Frank

We've thought of that. But I think we could build new, what we want, and with little out of pocket $$ involved. Like I said, other than about $2,500 it's paid for. And last thing I wanna do, is do another mortgage :dead:

Thanks

 

Kid c'mon you know what you need to do....Buy a small garden house or condo and then get a place up on the river. Place on the river fills any project needs you might need or want and will be waiting for you till you retire. Then sell the condo when you are ready to retire and put the money towards a new boat!

 

i have bought and sold alot of realestate
the pros and cons of realtors are a-they only show the property to qualified buyers when you do a fsbo you get alot of tire kickers that most can,t qualify due to poor credit low down or whatever they also advertise to a greater audience that being said it never hurts to list your house now fsbo if you get some hits great if not try a realtor in the spring option 2 there are a lot of title companies that would just love your buisness and they will go as far as giving you the proper contracts and having their trained lawyers look them over and go step by step with you on how to properly fill them out
these days there are alot of forsale by owner magazines
and companies that are also good resources just check your local area if its a good market in youre area (houses selling in under 30 days) definetly sell by owner
if the market is tough and you need to attract more buyers then consider an agent definetly negotiate commissions>>>. good luck

 

1/ I'd put a "for Sale" sign out for 2-4 weeks just in case one of your neighbours is interested or knows someone that is.

2/ Research your Realtors and make them make a pitch to you. Especially have them document what they will spend to sell your house and how/where they will list. Be sure their website is current and not a "cookie cutter" Realtor site. They should have a "plan" to sell your house

3/ Try and limit them to 3 month contract. If there are few leads then switch Realtors.

4/ I try and find Realtors that are active in the industry, ie: they teach classes etc.

5/ I personally like a Realtor that is not shy about suggesting minor improvements or changes, because other people will not see your house the way you do.

6/ Pay for your own informal inspection and action anything that might be a red flag.

Good luck

 

I gotta move!! I'd die for that propery and that price here. Its exactly what we are looking for.

 

I gotta move!! I'd die for that propery and that price here. Its exactly what we are looking for.

If he leaves the magazines in the bathroom then it really is a steal !!!

:laugher: :laugher: :laugher:

 

Kid I hear ya.. 2 yrs ago I purchased a rancher .. its 2600 sf 4 bd 3 bath, det 2 car, large inground pool ( no barn.. YET!).. Its a little bigger than I wanted but its nice to have everything on one floor. It was a fixer upper that we bought fron the contractor that was doing it & we were in from the start so we got everthing we wanted.. I hated to part with our little contemp cape cod but I have not looked back... 13 more years & its MINE!!! The bad side is property $ around here is nuts but doing it the way we did we came out 275k ahead.. Here are some pics the day after we had 8800 sf of black top laid down.. I

 

The wifes dream kitchen (its bigger than the pic looks)

 

Wife's dream kitchen.......he!! that's MY dream kitchen!! I love to cook . Wifey cleans up after me

 

Generally, things slow between Thanksgiving and New Years, but you never know where the buyer is coming from. MOST IMPORTANT First-look at it from a buyers perspective and fix all the stuff you have walked aroud over the years. Get it ready to Move into. try in yourself for a while, BUT-at the price a realtor will ask. That way-if a realtor has someone on a one time showing-the commission is built in. They should do 6%. When listing-list for at least 4 months. Bad for them to get advertising in place and only have a month to go on the listing.. Some will take it and hope the sign sells it, and not put much into advertising if a short listing. Over 50% of sales come from yard signs, so plant one and see what happens.