Alternative to Real Estate Listing

Descant · 01-27-2021, 11:15 PM

Quote:

Originally Posted by tis

All I know is if I was buying a new house I would not want to wait 5 years to use it yet be paying for it while the previous owners live there. But you are right, there must be something missing here. Like they couldn't use it much anyway for 5 years? Or they got a heck of a deal on price?

If you were buying a new house that you couldn't use for five more years because you live 8 hours away, and you wanted today's price instead of the five year inflated increase, and if, as a widow, you felt you should sell, but didn't want to...
Then you might have better negotiating skills than someone with no imagination.
Planning for retirement isn't just filling up the IRA. You've seen my posts about buying lots of fiberglass for retirement?

tis · 01-28-2021, 06:58 AM

Quote:

Originally Posted by Descant

If you were buying a new house that you couldn't use for five more years because you live 8 hours away, and you wanted today's price instead of the five year inflated increase, and if, as a widow, you felt you should sell, but didn't want to...
Then you might have better negotiating skills than someone with no imagination.
Planning for retirement isn't just filling up the IRA. You've seen my posts about buying lots of fiberglass for retirement?

That's what I meant. It must be that for some reason they can't use it for 5 years. Still doesn't make sense to me. Five years means a lot of taxes and maintenance. The price would have to be a WHOLE lot lower. But that's me. I like to use my new stuff.

Guess there is no question I am impatient.

No, you're buying fiberglass??

Descant · 01-28-2021, 01:06 PM

Quote:

Originally Posted by tis

That's what I meant. It must be that for some reason they can't use it for 5 years. Still doesn't make sense to me. Five years means a lot of taxes and maintenance. The price would have to be a WHOLE lot lower. But that's me. I like to use my new stuff.

Guess there is no question I am impatient.

No, you're buying fiberglass??

So, you live a long way away, only get limited vacation and you think $150K now is better than $500K in five years, because you can afford $150K...

Yes, fiberglass. Glad I bought product, not the stock. Brunswick is down 5% today. Cummins and Caterpillar are both up 3.+ % Go figure.

tis · 01-28-2021, 01:42 PM

Quote:

Originally Posted by Descant

So, you live a long way away, only get limited vacation and you think $150K now is better than $500K in five years, because you can afford $150K...

Yes, fiberglass. Glad I bought product, not the stock. Brunswick is down 5% today. Cummins and Caterpillar are both up 3.+ % Go figure.

I guess if you only could use it two weeks anyway and got a deal like that it would be worth it.

Our own fiberglass king.

Juiced06GTO · 01-30-2021, 06:38 PM

How about a long term rental purchase option or some type of lease? If you find the right person with some clearly written agreements you could probably still use the property. I'd be open to something like that as my job currently wouldn't allow me to spend much of the summer up there, but 5 or so years from now would be a different story.

No idea if that is really possible, but its an idea!

01-30-2021, 06:38 PM	#5
Juiced06GTO Senior Member Join Date: Aug 2017 Posts: 216 Thanks: 9 Thanked 84 Times in 49 Posts	How about a long term rental purchase option or some type of lease? If you find the right person with some clearly written agreements you could probably still use the property. I'd be open to something like that as my job currently wouldn't allow me to spend much of the summer up there, but 5 or so years from now would be a different story. No idea if that is really possible, but its an idea!