Six months, 32 showings, and two price reductions later… we finally sold our house. Considering the crappy local housing market, it was a great offer, just barely under our last asking price. No more long commutes for George, and NO MORE HOUSE SHOWINGS! We were Pittsburgh bound at last!
BUT. The offer was a bit less than we still owed on the mortgage, so we signed the contract under the contingency that we would be able to secure money for the remaining balance. It was just a formality, in our minds. Our agent had calculated an estimate before we reduced the price a second time in July: We knew we had more than enough saved up to cover the balance, plus our part of closing costs and her fee as the agent.
What we did not know was that the total amount we needed to bring to the table, with all the bank fees and taxes and such, would end up being ALMOST TWICE the amount of that initial estimate. It was too much. And we didn’t want to use up the rest of our savings (which is meant to be used towards a down payment for our next house) or put ourselves into more debt (since we’ll be paying back George’s law school loans for a long time yet) to make it happen.
It was over before the first box was packed. Not just with this particular buyer, but Altogether Over. Because if this is the best offer we can get right now, we can’t sell the house. Period.
We are pulling the listing. We are not moving to Pittsburgh. And the worst part is, ALL THAT WORK– the endless cleaning I did from weeks 20 through 38 of my pregnancy, even with a pulled abdominal muscle, and then afterward with a newborn… all the late nights and lost weekends… all the long commutes on George’s part… all the sacrifices we made as a family and, most of all, the sacrifices the kids were forced to make with us… it was all for nothing.
George will probably look for another job back here again. We will continue to save up and make a couple more upgrades to this house, and in two years (God willing) we will be in a great position to sell again for a MUCH better price. Meanwhile, on the bright side, we will have time to find our Dream House. But it will be here. If we can’t move now, while Oliver is just starting first grade and before the other two kids are in school, we will stay in Ohio.
And I can’t put into words how we feel… how paralyzed, how humiliated, how devastated.
We wanted so badly to make Pittsburgh our home.
We came so close.