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MineralManHouse Hunting in a Very Competitive Seller's MarketWell, my wife and I are making our first trip out with our realtor to look for our next home. The market in the Twin Cities metro area in Minnesota is highly competitive, with most houses receiving multiple offers. Bidding wars are not rare at all. So, we have an upper limit set, which we will not go over. But, there's a more important way we're taking on this competition: We're looking for places that have issues that will annoy potential buyers. The first house we will visit today has a distinct 70s vibe to its interior, with wallpaper on some walls and accent wallpaper decorations at the top of some walls. It also has a master bathroom that is painted a shocking coral pink color! It is also a house where smokers lived. Other than that, it has exactly the layout we're looking for and is priced below the average for such places. Well, my wife and I smoke, so that's not an issue. The bathroom can be repainted before we move in. In fact, we could have the entire interior repainted before moving in without exceeding our set limit. Or we might leave the bathroom as it is to shock guests. We have strange senses of humor. Here's the thing: Most people who look at houses get distracted if they encounter something odd or weird about that house. They just move on. We don't care about the interior finishes, as long as we can stay within our budget. All that can be fixed. We are specifically looking for houses like that, in fact. We won't sell our current home until after we have moved into the new one. So, there's no rush. We're looking at the house's layout and overall condition as our first priority, along with a price that will let us do whatever it is that we want to have done, while staying under our limit. That means that we might not be competing with other buyers, who will look elsewhere for a house that is more to their liking as it is. We also can pay cash for our new house. The first house we are looking at is completely empty, which means that either the former owner has already moved or it is being sold by an estate. Bottom line is that either situation will make the seller eager to close early and get paid. We can offer that advantage to the seller. We're just getting started, though. We'll make an offer when we find the right place at the right price. No rush.
SaturdayTreefrog23. Why are you moving? Sorry if you already said, and of course it's none of my beeswax.But I’m thinking of doing the same. Conflicted about it.
MineralMan24. Because we can afford to, and becauseI am 75 years old and no longer want to do snow removal and yard maintenance. Besides, my wife would like to be closer to her friends and cousins.
Treefrog27. Oh ok, didn't realize you were moving out of the snow area. Totally get that!I have a nice house in a nice area, but I really would like to move elsewhere...just looking to understand others who make this big move. Money is not an issue, just the damn hassle and I’ve put so much sweat into my garden and yard!
"No longer want to do snow removal and yard maintenance" is liberal dog-whistle language for "A black family moved into our neighborhood..
Because the twin cities in Minn. don't get snow?
well. Pete, MM did major in Russian while an undergrad, Spanish should come easy to him.Where is Campbell thinking of moving to? He is from CA, his wife is from SD. I'm sincerely sorry to hear about his parents:https://www.legacy.com/obituaries/venturacountystar/obituary.aspx?n=george-richard-and-lois-lawanda-campbell&pid=197468611died a few months ago within two days of each other but MM blames his father's death - at age 96 - of covid.
https://www.legacy.com/obituaries/venturacountystar/obituary.aspx?n=george-richard-and-lois-lawanda-campbell&pid=197468611
From the obit:“(Rockhead’s mom) shared (Rockhead’s dad) commitment to honesty and fairness and raised her children to maintain those standards.”She failed with Rockhead. He grew up to be a loon.
Thomas Franklyn Manville Jr. (April 9, 1894 – October 8, 1967) was an American socialite and heir to the Johns-Manville asbestos fortune. He was a celebrity in mid 20th-century Manhattan due to both his inherited wealth and his record-breaking 13 marriages to 11 women, which won him an entry in the Guinness Book of World Records. The termination of his marriages usually resulted in gossip, widespread publicity, and huge cash settlements.