Quote:
Originally Posted by Acura604
I purchased this house...brand new..in 2017 for $999,000 taxes in.
sold it in 2019 but it was the toughest place to sell...
why? no 'mortgage helper' i.e. rental suite. Back in 2019 apparently alot of folks would never get approved without this. the realtor kept saying to drop the price drop the price...and then even had the insane idea of spending 50k to add a rentable suite lol..wtf.
realtor had around 50 showings over 4 months with NO offers.....I finally got 1 offer and that won the deal but didn't make much out of it at all.
so...if you're looking for detached, might be a good thing to have the suite option for quicker resale in the future.
https://youtu.be/EQrPwdD_SvA
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Less buyers for sure but they are out there. I know when I was looking in 2019 a suite was a deal breaker for me did not want one. For sure though much harder to sell without.
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa
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