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Am I Facing Reality?
Well at the beginning of the month I beat up on sellers telling them that they must face reality. I must soften that a bit and admit that saying that is easier than doing it. I understand that pricing a house that has been your home is not only a business decision, but also an emotional/personal one. So when the market stats and the advice of a professional real estate agent should be the pricing gauge, you find you have to fight an overwhelming drive. The urge to let other factors influence your home pricing. Factors such as how much you owe, how much money you need to move to your next house, how much money you put into improvements, and more. None of this will cause your house to sell for more than a buyer will pay.You would think as an investor, I would not be susceptible to these things. I should be looking at this from a purely business perspective. I am trying, but I am struggling. The problem my husband and I have is that if we go much lower we will have lost money on this house that we so carefully remodeled to resell. Ouch.I ran the ... more

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