So many responses, I’ll address them all after I’ve had a chance to digest them. Thanks to all for the love, appreciate it and right back at you.
So I got inside this morning and there were some “issues.” None that were a deal killer but the kitchen and bathroom cabinets all needed to replaced, it was laminate over mdf and was peeling (not just a few spots but all over), there were a few other things that had the cash register ringing in my head. I made the offer at 270k and asked for 3% closing costs, things looked good until two other offers came in within a an hour, one was below mine and one was for 300k and no closing credit, putting my offer 37k behind. The other offer had approval and more than 20% down so there is no chance they don’t qual. My only hope on that house is if they get cold feet, they looked at it at night, in darkness and made the offer, perhaps in daylight they will see some of the things I saw.
My assumption that the great depression 2.0 would give me a free day of no competition was wrong, there is still a lot of activity, redhawk, no mello roos, low hoa, still brings them out of the woodwork. Things happen for a reason, so the quest continues. For another 37k, there are more options so I will not engage in a bidding war during the greatest economic meltdown of my lifetime, I’m just not that emotional. To be continued…
