Well I moved back to Duluth now I'm looking for a house and it is hard! All the nice homes priced right get bought instantly! I've bid over asking price and still lost, I'm about to break down and buy a new construction if I loose this bid I'm currently on. My agent says the market is only about 1/4 of what it should be so houses in sought after school districts go quick. Anyone else going through the same deal?
Anyone else getting fed up with trying to buy a home?
- Thread starter ch035
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I feel your pain. I looked at about 30 houses before I found this one and made several offers on others that I had liked. I was countered by some, rejected by a few etc, etc, etc. I even made an offer on one that I really liked and they countered with a higher price that it was offered for to begin with. I was so frustrated. But, I had all of my ducks in a row, my portfolio with all of my records, my lender was actually waiting on me. Then, the right place fell in my lap and I offered $5,000 lower than they wanted and wanted them to pay closing and bam, they accepted my first offer and they paid closing. Since the house was empty, I closed in two weeks and moved in on the third week. It can be very frustrating for sure. Only advice I can give you is to be patient. Patience, patience, patience,,,
Good luck with your search.
Good luck with your search.
Same here brother. Seems like every home I try and put a offer on, has 30 offers in a matter of weeks! Keep your chin up! I know how you feel! My realtor said there should be lots more hitting the market after election time.
My Dad is trying to buy a house out here close. Hes gone in several times with the asking price and cash to be turned away in a bidding war. Realtor tells us that houses in short sell are listed at whats owed the bank on them but highest offer gets them. Hes bid on ~20 houses that way, so youre not alone.
