u/Alicenwondr

Sold too many times?

Found a house that checks a lot of boxes, but looking at records and such, it's showing as being sold 8 times since 2000. The most recent sale being 2 years ago, and listed at the same price it is today.

I've noticed the same thing with the seller giving money towards closing costs as well. The house hasn't changed in the last 2 years. Taxes jumped up to $2,000 though, after being under $900 for years and years. There isn't a lot of acreage on record either, so a survey would be needed.

My gut tells me to pass, and we are, but out of all the houses we've looked at so far, this is by far our favorite with no visible major problems. It does need some updates over time and already overpriced.

How do you get over your first house heartbreak? 😭 It's beautiful, but I keep going back and forth because of obvious red flags. That's the only house in the neighborhood that's sold so many times.

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u/Alicenwondr — 2 days ago
🔥 Hot ▲ 244 r/FirstTimeHomeBuyer

House has sold many times

Found a house that checks a lot of boxes, but looking at records and such, it's showing as being sold 8 times since 2000. The most recent sale being 2 years ago, and listed at the same price it is today.

I've noticed the same thing with the seller giving money towards closing costs as well. The house hasn't changed in the last 2 years. Taxes jumped up to $2,000 though, after being under $900 for years and years. There isn't a lot of acreage on record either, so a survey would be needed.

My gut tells me to pass, and we are, but out of all the houses we've looked at so far, this is by far our favorite with no visible major problems. It does need some updates over time and already overpriced.

How do you get over your first house heartbreak? 😭 It's beautiful, but I keep going back and forth because of obvious red flags. That's the only house in the neighborhood that's sold so many times.

reddit.com
u/Alicenwondr — 2 days ago