We had an offer on the house in Waterloo. It was for LESS than we owe.
We countered with an offer that would cause us to 'break-even'.
Our potential buyers have accepted an offer on their place & will close mid-January. They are working on solidifying their closure before they accept our counter-offer.
We should know more today.
We are disappointed that we'll lose all the investment $$ for upgrades we did to make it more marketable. I guess that's the gamble with investments, I know we're not the only people in the midwest who are losing money on properties right now.
This sucks, but at least we can get out from 2 mortgage payments each month. This is called a 'distress sale'. For sure.