Selling our Current House

This post is crazy. So, we took what felt like a million years prepping our house for listing. There wasn't that much to do, in reality, but all the small stuff adds up, particularly when the hubs works 7 days-a-week with limited free time.

Our realtor warned us to expect a quick sale (his bet - 5 days), but the hubs decided his paranoia about having two mortgages was stronger, so we pushed forward.

• Listed on Wednesday afternoon, 3.2.16. 
• Two showings on Friday, 3.4.16.
• Three showings on Saturday, 3.5.16.
• Open house with 15 (!) parties coming through on Sunday, 3.6.16.
• 1st offer - Sunday evening ($7,000 under asking, 30 day close)
• Two more offers expected tonight.

This would all be wonderful....except that we're not breaking ground until May. Delivery expected in AUGUST.  We are going to be homeless for months.

Ideally, we would wrangle a 90-day close. Maybe even with a rent-back?
Not entirely sure how those agreements work, but I definitely don't want to pay more than we do for our mortgage now.

We have had a few kind and wonderful friends offer us their basements/spare rooms if homelessness becomes a reality. If tonight's offers look good, I think it's time to have real conversations with a couple of those friends about the reality of those casual offers. My feeling is that both are "real", but we'll need to talk logistics, timing, rent, etc. I'm also guessing the savings offered by friend "rental" will be hugely helpful to our financial situation. Side note, thanks to whoever's blog provided the cold-hard reminder that we can't have a rental apartment run our credit, or risk mortgage approval problems!

Hubs is also investigating the option of pushing up our ground-breaking from May with our SR, should all of the mortgage stuff be squared away soon. We'll see how that conversation goes.
I also received my bonus letter last week, so we're providing documentation of my 2016 salary and 2015 bonus. Hopefully all for the good of our final approval.

So.much.stress.