[quote=kev374]best to stay out of this market as it’s a mania right now and it is very dangerous to get caught up in these kinds of manias.
I saw a listing on Thursday, called the Realtor, he told me I needed to put in an offer for 15% over asking by Saturday and I can see the house from the outside only. WTF? Are these people crazy?
So, this house was sold on Saturday for 100% full cash at 20% over asking by someone who did not even care to see the inside…per the Realtor. Oh, and there were 45 bids on the property and it was priced at $250 sqft in La Habra, CA.[/quote]
Hi again, kev! Just me again.
What does this “mania” tell you? Do you think a principal residence for yourself (and possibly your family) is going to get any cheaper in the OC in the coming years?
Uhhh, you DO realize that you can sort out the “inside” of the above listing with your inspector if your offer should be accepted with an inspection contingency, right??
What exactly are you waiting for to happen before you feel compelled to place an offer, kev?
