No I do not think so - in fact I just did the exact same thing!!! We just moved into our home a week ago and I know I made a huge mistake - I hate the house and do not like the area we moved into to - I feel like we are in the middle of no where. Naturally my husband is not happy and wants me to give it a chance but I cry all the time I hate it that much. We had already sold our home and had not found another house and when we saw this builders model we jumped at it - what a mistake - in hind sight I know we should have rented - HUGE regret - I wish I could sell it and move out tomorrow I am distraught and very unhappy.
How long ago is "Just" as in Just Purchased?
A home purchase is not something that happens over night, did you only decide you hated the house after you bought it? I have to ask, what's wrong with the house?
Many problems, bad neighbors, bad person experience, bad house? It really is important to know, any buyer will ask so expect to answer (honestly).
If at all possible, I would have to suggest not selling so quickly unless you got it at a really good price and could possibly get your money back + commissions. In most cases a bank will not allow you to sell, actually will not allow the buyer to buy a home that was just purchased for a higher amount than it was just purchased for unless the seller can prove they purchased it "under" market value or made improvements and have receipts to prove it.
Most banks will also require at least a month or two to pass before you can resell, once again I'm talking about the buyers bank before they will approve a loan for such a house.
I'm sorry you bought a home you didn't like but if you hate it this bad, this soon you had to know before actually closing right?
Either way, Good Luck...
Since your question implies that you have a partner (spouse, friend, sig other, etc), what does the other party say about the house? Buying a house is a significant development in the ongoing cycle of relationships (e.g. marriage) and so is selling a house. If your partner does not agree with you, your attitude may affect the relationship you have. Other posters have questioned why you want to sell your house. Others have asked why you bought the house. Maybe there are other personal considerations involved that have nothing to do with the house. Regardless, selling the house may not make you any happier or sadder than you are now. Whatever you decide, Good Luck and God Bless. Life is too short to be crying over a house.
First decide if your financial situation is such that you can afford to take a loss.
As you know, most buyers or their agents will have access to the public records indicating exactly what you paid for the property and, of course, they would be unwilling to pay more within such a short timeframe. Also, some potential buyers would tend to wonder why you are selling the property so quickly. They might jump to the conclusion that there is something wrong with the property and shy away from it as a result. Thus, be prepared to provide a reasonable answer as to why you are selling so quickly. You may have to accept less than what you paid depending on the market conditions. In my area, anyway, most buyers are looking to get a good deal. Your agent can provide you with more specifics regarding the costs to sell your home.
If you don’t want to take a loss, your best bet is to try and remedy the situation by adjusting to what you like and what you don’t like. Try to improve what you don’t like without spending a lot of money. If your dislikes are cosmetic perhaps an interior decorator or home stager can help improve the décor. Also, as mentioned in a previous answer, give yourself some time to get to know your neighbors. You may have to reach out and introduce yourself to some of your neighbors as people are busy and may not get around to stopping by on their own.
Dear Hawke,
I can not imagine how hard that is to go through the whole process of buying house only to see that it is not your HOME! As a real estate agent I don't get attached to the houses I show, but my clients are. You made a mistake, it might be not the best decision you've ever made, but I'm sure there were reasons why you went ahead and bought this house, not the others. May be it make sense to return to those reasons, keep positive thinking and than change something in the house you don't like the most. The best part - once you start making your own changes you'll get more attached to the house and it might change the whole prospective.
If that not doing anything for you, then you might sell it as well. All previous answers were good. You might loose money, there are people in worst situation, and so on. But you might notice that no one said it is insane. Because it is only for you to decide what is best and how to handle the situation. We are here to help, not to judge people.
Good luck with everything you are doing!
Sofia
Villa Valentina Realty
201-315-0143
I am so sorry you are unhappy.
Why do you hate it? Maybe you just need to give it some time to get adjusted. Moving can be very stressful - the entire homebuying process is stressful. The house probably feels strange to you, but that will change in time.
My advice would be to take a deep breath, and give yourself a few months to settle in. Make an effort to meet the neighbors...........learn your way around the neighborhood.
Maybe some new decorating or painting will help you feel more at home......will make it feel more like YOUR home.
If, after several months you are still so unhappy, then speak with your agent, and see what the market conditions are. I don't see any realistic possiblity that you will be able to sell and not take a loss. Even if you get what you paid, there are real estate transfer fees, commissions, attorney fees and further moving expenses. Is it really worth it to go through all of that?
Can you afford to take a loss?
Only you will be able to decide.
Feel free to reach out to me if I can be of any help.
Hope things improve for you.
Debbie Rose
Prudential NJ Properties
email me at: Debbie.Rose@PrudentialNewjersey.com
Before you sell. It's best to figure out what you want. Create a list of your goals. Be sure to cover all the areas of your life.
If a magical genie popped up in front of you and said, "I will grant you an unlimited supply of wishes," what would they be?
Nothing is too great or too small.
Hmmm...gets you thinking, doesn't it!
What do you desire most in life?
What experiences would you like to have?
What kind of health and fitness levels would you like to achieve?
What quality of relationships would you like to experience?
Where would you like to travel?
How much money would you like to have?
How would you like to spend it?
I'm looking into Feng Shui and how to create a healthier living and working environment. I found a neet website that you can find in my Services section on my website. She has quite a few videos, tips and suggestions for creating the optimum environment for you. Since you just moved in, it couldn't hurt to try. Feel free to contact me:)
I do not practice real estate in your area. I'm sure if you can't work it out any number of these fine Realtors can assist you with your sale.
Peace,
Carolyn Fenton
Realtor, GREEN
RE/MAX Ridge Real Estate
973-214-2166
Hawke,
is there anything that can be done to improve your home to change your mind? if not, you have to decide if the possibility of taking a loss is worth it for you. on the positive side, Fair Lawn homes are selling. We have closed on over 90 homes in the past 4 months. so, if you decide to sell your home, now is a good time as there is a great deal of activity in Fair Lawn.
I live and work in Fair Lawn, so I am very familiar and knowlegable with this market. please contact me so I can explain your options.
Best Regards,
John
http://www.JOHNBRESSOR.com
201-410-6390
Weichert Realtors
9-02 Saddle River Rd.
Fair Lawn, NJ 07410
201-794-7722 ext. 113
It could be worse>>>> http://www.fotosearch.com/photos-images/homeless-people.html
Dear Hawke,
I am sorry to hear of your dilemma. Maybe you can try and figure out the things that bother you and work on improving them.
Is it your new house you hate, or is it because of the the place you left that makes you unhappy?
If you are truly unhappy, then selling may be your only solution. Fair Lawn is a town that always has a lot of buyers. I have listed and sold houses there and I would be happy to speak to you about possible solutions to your problem.
Please feel free to contact me through my webstie.
Best,
Sharon
Well that does not sound too good, of course you can sell but you will not make any money and you will occur expenses like Real Estate commission if you list it with a realtor so you may loose in the process. If you purchased a house very cheap you may loose less money, at the moment the housing market is slower due to the end of the season, current market conditions and price depends on many factors, but I hope things will get better and that you can stay. I guess you rushed into a purchase. Feel free to e-mail me at mia@villonrealty.com so I can give you an idea of what your house is now worth. Sometimes I wish there was a way people could test out the house for a few days to see if they really like to live there or not.
Hawke,
It is not insane at all, you are having buyers remorse, and it happens all of the time. Someone else might just love your home, so go for it! Also, the longer you stay there the more attached you get, and you just might not care if it doesn't sell.
Good Luck!
The expenses associated with a sale are considerably higher than on the buy side. Also with the market in the state it is in its highly unlikely you will be able to get the price you paod for it and depending on how much down payment you put in you may even be underwater not to mention the fact than the downpayment money has disappeared and you will not be able to buy again until you have saved a down payment.
Sorry to be brutal but facts are facts.
I wouldn't call you insane, even if you were. :)
I just wonder if the things you hate about the house could be changed or corrected.
What is it that you hate about the house?
It seems like you would probably be taking a bit of a loss to sell a house immediately after purchasing it, but if your happiness can be achieved by doing so, that does not seem insane. It seems more insane to stay in a house which you hate so much it makes you cry!
Didn’t find what you were looking for? Ask a question!
|
|
|
|
|||||||||||
|
|
|
|
|
|