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Pleasant Surprises

May 9th, 2012 at 04:23 am

Zillow has undervalued my property by 30%. It did this by losing the first eight years of market price data for our house and halving the square footage of our house.

The real estate agent says she can price and sell our house at $90K above what I thought we could get for it.

DH has already started spending his life insurance returns. Admittedly so have I: I paid $140 of our credit card debt and put $60.24 toward the HELOC, and the Lord and Master bought a digital camera from a pawnshop and is shopping for a laptop. But I parked 90% of the money in the money market account like a good financial steward.

Got a nice message from the proprietor of a Bellingham bookstore I reviewed on Yelp.com: my review was that I enjoyed the shop and really wanted to buy something I needed but couldn't find certain authors in stock. Another store had what I needed but it wasn't as welcoming. His message was essentially that he found my review comments helpful, but some authors aren't to be found (I was looking for Gore Vidal) because they go in and go out very quickly.

It's assuring to know I have enough $$ to get the house up for sale and to live in an apartment hotel, that I can apply for a bridge loan or a contingency loan, and even if I get turned down I can use my available credit to corral a downpayment while I wait for my home to sell.

4 Responses to “Pleasant Surprises”

  1. baselle Says:
    1336542951

    I'm going to miss you, Paulette.

  2. PauletteGoddard Says:
    1336579644

    Don't miss me just yet. I may land in Shoreline, and that's an active bicycling or 10 minute bus ride away. I haven't mentioned Shoreline because I thought if I had only $150K in sale proceeds, Bellingham would be the only affordable option for us. Now that we may have $220K in sale proceeds, Shoreline would allow me greater access to job retraining programs and eventual employment in Seattle.
    DH may still want to be in the area, besides, which would mean either homeschooling or private school for boy.

  3. baselle Says:
    1336584032

    I've been looking north myself. 9 years is a long time to dream, but it looks like the light rail extension from Northgate to Lynnwood will go through along I5- take only two years additionally.

  4. Jerry Says:
    1336937469

    Wait, how did they manage to halve the size of your house? That would certainly lead to some errant numbers. Anyway, nice job stashing away 90% of the insurance return!
    Jerry

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