You know, the reason they slam-dunked your offer so fast was because you went directly to the listing agent. They wanted to reel in both ends of the commission and the flood of over-bid offers that were gonna come in gave them the motivation to shut the door fast.
Unfortunately taking this type of strategy is almost a must to even have a chance of landing a deal in this market.
I really feel ya Hawk in regards to some of the comments you make in your original post. I too feel like I have put my life on hold for the last 5 years waiting for the market to change. When I think back to all of the deals the wife and I have lost out on over the last 18 months it’s no surprise I am pissed and depressed all the time.
We have made serious attempts at buying no less than 6 homes during this period. Think about that for a moment…… 6 different houses that we’ve gone *all-in* on emotionally, envisioning them as our home. When the rug gets pulled out from under you that many times it takes it’s toll.
In times like these I am envious of the sheeple out there that look at a homes price as being LESS important to them than the other, less tangible things that having a “HOME” gives them. this frugality of mine is taking years off my life!
