We sold our house in Orlando! We bought it four years ago, hoping to fix it up and quickly re-sell it for a profit (check out my post from 8/4/05) Unfortunately we got it right at the end of the real estate bubble. Just as we finished the renovations, houses in Orlando stopped selling. We've been trying to sell it since then, and have had a series of tenants living there while it was on the market. The rent never covered the mortgage, so we lost money every month.

We've had a few offers on the house, but none have been very serious. Finally someone came along who actually wanted to buy it. There were some scary moments throughout the sales process. The buyer's realtor didn't contact our realtor for a few weeks. We figured they walked away from the deal. Eventually they got back in touch and the closing process started. At first our bank said that we would have to come up with $14,000+ for the closing. I was able to negotiate that amount down to a much more reasonable amount. I'm not surprised they wanted us to bring money to the closing. We sold the house for almost $100k less than we paid for it. Eventually the bank agreed to the terms and the sale went through. Anyone trying to sell a house in Orlando should contact Pam Potenza at Sutton and Sutton. She'll take care of you.