So we have been house hunting passively for about 6 months, and only in the last month have we gotten serious. There is a house that has been on the market 3 times in the last 6 months, that we really like, a house to grow into, needs some (aka a lot) of work just to move in. We showed our parents last night, got my dads opinion, and have decided to make an offer (cue the anxiety attack). I am at work, so DH is at the realtors office right now writing up the offer, and then they are coming to work to get me to sign. He just called to say that the sellers are being demanding and stuck on asking price (which apparently even the sellers realtor is saying is not a reasonable asking price). So we are going in with our price, and hoping!
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Good luck!!! We just got offer on our house so we are starting the buying process now.. We've talked for 4 days straight about a house we might put on offer on and just can't decide.
Update when you get a response!
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@MrsScottish: good luck!! @runnerd: we are starting the search process too and I'm mostly just frustrated that NOTHING is on the market
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We are closing tomorrow on a house that we negotiated for 2 weeks on the price. We kept increasing our offer, but the sellers weren't budging. We walked away and THEY came back to us with another offer, lol. We were sitting in the bank going over the loan details with our mortgage banker when we got a call from our realtor that the deal was back on!
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@mrs. wagon: same here! the area we are moving to is much smaller too with mostly old houses, so we are afraid if we don't pull the trigger it'll be weeks before there is another house we'd even want to go see lol
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It took us almost a whole year to finally get a house. Now we're in escrow and just praying nothing else pops up. I think this could be our forever home so I guess it was worth losing those other houses (: good luck (:
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Super stressful. We've made one offer that wasn't accepted, plus had a couple of houses we were interested in sell before we could even schedule to look at them (within 2 or 3 days of listing). We're looking for something kind of unusual and pretty specific, so, any time a house gets away from us I worry about how much longer it is going to be before we find anything we like.
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We gave up and rented again! We were on the fence about renting vs buying anyway, but the market here is so crazy-- things would be listed and sold within a week, and almost always for above asking price! We found a rental that works great for us for now and will revisit buying in a couple of years.
We did put in one offer that ended up in a little bit of a bidding war-- we gave our best price, they ended up accepting someone at above asking, then that fell threw and they came back to our realtor to see if we were still interested. By that point, we had decided to rent, so I'm kind of glad we didn't get it after all.
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Good Luck! There really isn't anything on the market! We lucked out and found the perfect place and close next month.
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Good luck!!! Buying a house is super stressful and the worst part is when emotions get involved. It's worth it in the end if you can get what you want!
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Yeah, the sellers are being very demanding, wanting a price 20 000 over what their agent wants to list at, so we shall see what happens. They have until 9 tonight to accept or counter. Hoping, but not getting excited. We have our condo, and have not sold it yet, so in no rush. This house has been on the market 3 times since fall, and has not sold, needs lots of work, but a house to grow into! Will keep you posted
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Good luck!! We ended up in a bidding war OVER asking price! Went under contract over asking, appraisal came back under asking and we had to renegotiate in the middle basically.
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@MrsScottish: Good luck! Here's hoping they were just trying to get more out of you! You'd think they'd learn being on the market 3 times and not getting the price they're asking.
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Ack! Good luck to you, I hope it all works out beautifully!
DH and I are just dipping our toes into the house-buying market and are really excited but really nervous!
So far we've been pre-approved for a mortgage, spoken with a realtor we chose, and are set to go look at a few places we're interested in tomorrow afternoon. Big stuff! -
So we wrote the offer today, gave them till 9:00 to respond. We got a phone call at 6:30 that they countered. Get this - at asking price!! No negotiation at all. They will only take listing price. Their realtor even told ours that he has never in 30 years had someone counter back at listing price. He doesn't think it is worth it ar all andcwanted to list it - and it was listed at our iffer price in the fall and st tge beginning if April. So we decided to give it one last go and counter back at our top price which we figured we would end up at anyways- $10 000 more then original offer and 15000 from list price. So we have them till 9:00 ( which is in 40 mins to counter). If we here nothing then we move one which we are fine with. So we shall see. I am the rational practical thinker and my DH is the emotional buyer so we shall see!!
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Ah, been there, done that! We saw a house late last spring and it took until October to close the deal. It was intense negotiations and one or the other party walked away three times. We're happy to be here now, though and are so glad we bought when we did!
I hope you hear good news, but know that it's not over even if they say no
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Good luck!
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Moving on. They ate willing to leave house on market to get the price they want. Good luck to them!
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@MrsScottish: ahhhhhh i'm sorry!!!!
we got lucky and put offer on house this week, seller countered our low offer back at 10k below asking, but we are still countering to see if we can get closer to our goal price.
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@MrsScottish: Ah boo. Some people are just unreasonable. And are obviously not motivated to sell. A better house will come along, I'm sure.
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Yes. House buying is SO stressful! We just put an offer in on a house and we were one of THIRTEEN offers. And we're number 3. Oye. Bay Area real estate kills me. (Oh, and we're offering 76k over asking. Yep.)
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