Lisa Katz was one of the thousands of Americans to sell her home in 2021 and benefit from months of surging prices. But it didn't work out the way she imagined.
"It's hard not to get caught up in it. It's like you're in a game show. You've been called down, you go running down the carpet, you're spinning that wheel," she said. My husband was not quite ready to retire. Our son was in high school still. So when it became serious for us to move was honestly when my husband finally got tired of hearing me complain. So we started looking about a year ago.
So this market is totally insane. It's bananas. Just four days, and your house is done. We did have a 45-day escrow, which was awesome, but we ended up putting our house into PODS because we thought we might have to put everything into storage and rent a fully furnished house somewhere.And let me tell you, buying is off the table. It's so inflated, it's crazy ... So I have been in this rental house for two weeks. It's in Ventura.
Our house was not a major fixer-upper, but being almost 100 years old ... it definitely had things that needed to be addressed. I know for a fact that, in a normal market, that would've counted against us in a much more drastic way. Now you have people saying"we don't care, it doesn't matter. We just want the house and we're willing to take it as-is."
Source: News Formal (newsformal.com)
Buy before you sell OR sell then rent
thanks