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*Update* Made an offer today...

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DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

*Update* Made an offer today...

I can't believe it... we just put our very first bid on a Townhome! I've always wanted a Condo and this one is really nice. It would be a great fit for us and a good investment.

Hopefully, it will work out. Otherwise, it wasn't meant to be. Chat Icon

Although, if we do end up getting it, it'll need a lot of cleaning! Let's put it this way, when we looked at it I needed to hold my hand to my nose! I've never seen clumps of dog hair that look as big as tumbleweeds before! Chat Icon

Chat Icon Chat Icon Chat Icon

**UPDATE**

We just got a call from our Agent. We knew that the owners were, well, WEIRD but now even our Agent is saying that they are "out there". When he made the offer, they said "oh, we won't be counter offering - we want to be AT LEAST in the low 400's" ...... umm the house is up for $379 and it has been on the market for six months LOL!!!! Chat Icon Vin and I had to laugh.

We had offered, because of the condition and how long it has been on the market, $325 and we could come up to about $350-$360 the most. That's the top of our budget. And, to settle on $350-$360 from an asking price of $379 I didn't think was that far of a cry. So, I figured - hey, we'll try. Well, these people - CRAAAAZYYYY hahaha. So, my Agent said "well, i have no idea why your asking price is what it is if you want at least in the low 400's but whatever... think about the idea of at least countering - in the meantime, we are going to look elsewhere". And that was that!

That was one heck of a first offer experience. Chat Icon

We are bidding on something else tomorrow - I want this one to be just as colorful of an experience or else I'll be disappointed. Chat Icon

Message edited 1/11/2010 10:16:15 PM.

Posted 1/11/10 3:12 PM
 
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pnbplus1
Family

Member since 5/09

5751 total posts

Name:
Mommy

Re: Made an offer today...

congratulations, very exciting. Good luck!

Posted 1/11/10 3:34 PM
 

JldDolphin

Member since 1/07

6929 total posts

Name:
Jen

Re: Made an offer today...

congrats! Good Luck! Chat Icon Chat Icon

Posted 1/11/10 3:48 PM
 

LightUpOurLife
Totally in love

Member since 8/06

12785 total posts

Name:
Bonnie-Jean

Re: Made an offer today...

Good luck! Chat Icon Chat Icon

Posted 1/11/10 4:32 PM
 

Nik211
my little monkey<3

Member since 5/08

3303 total posts

Name:
Nik

Re: Made an offer today...

best of luck!!!

Posted 1/11/10 4:43 PM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: Made an offer today...

Good luck!!!!!Chat Icon Chat Icon Chat Icon Chat Icon

Posted 1/11/10 4:48 PM
 

shoegal68
LIF Toddler

Member since 6/08

422 total posts

Name:
Sandy

Re: Made an offer today...

Congrats & Good luck!!!

Posted 1/11/10 6:04 PM
 

PennyCat
Just call me mommy :)

Member since 7/08

19084 total posts

Name:
Jib

Re: Made an offer today...

Congratulations!!!!

Chat Icon Chat Icon Chat Icon <--- house dust!!

We looked at a few messy houses (and when I say messy.. I mean food on the walls Chat Icon Chat Icon ).. it's AMAZING how some people live! And they were nice houses too!!

Posted 1/11/10 6:06 PM
 

Jax430
Hi!

Member since 5/05

18919 total posts

Name:
Jackie

Re: Made an offer today...

Good luck!!!!

Posted 1/11/10 6:07 PM
 

shopaholic07
LIF Adult

Member since 5/08

1535 total posts

Name:

Re: Made an offer today...

How exciting!!! Good luck!!! Chat Icon Chat Icon Chat Icon Chat Icon

Posted 1/11/10 6:08 PM
 

ThePinkGoose
In Your Hands

Member since 8/08

4706 total posts

Name:
Nunya

Re: Made an offer today...

That's so exciting, good luck to you!

Posted 1/11/10 6:57 PM
 

RocPin
Life's Beachy <3

Member since 2/08

6765 total posts

Name:
Heather

Re: Made an offer today...

GOOD LUCK!! Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 1/11/10 7:01 PM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: Made an offer today...

good luck!! where is it?

Posted 1/11/10 7:50 PM
 

camerakrazie
LIF Infant

Member since 8/07

213 total posts

Name:
Roxanne

Re: Made an offer today...

Good Luck Danielle! I hope everything works out. Home ownership is awesome. We just bought our house last summer. Its an amazing.

Hope you get it!!
Chat Icon Chat Icon Chat Icon

Posted 1/11/10 8:12 PM
 

DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

Re: Made an offer today...

UPDATED in original post.

Heather - it is in Smithtown in a community called Willow Wood. It is a 3 BR, 2.5 Bth. It was cute but needed a lot of work on the floors and a TON of cleaning up - it was GROSS.

We're going to offer on some other places. What is meant to be always finds a way! Chat Icon

Posted 1/11/10 8:52 PM
 

JldDolphin

Member since 1/07

6929 total posts

Name:
Jen

Re: *Update* Made an offer today...

well when the right house comes along it will happen the right way. GL! It's a long gross process some times, but in the end you can turn any house into a diamond. Chat Icon Our house was completely gross as well when we bought it, but now it's clean and almost the way we want it. Chat Icon

Posted 1/12/10 10:24 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: *Update* Made an offer today...

people are crazy....I guess they are charging extra for the per hair Chat Icon

good luck with the next place...you'll find something!

Posted 1/12/10 12:08 PM
 

HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: *Update* Made an offer today...

Posted by DaniRella

UPDATED in original post.

Heather - it is in Smithtown in a community called Willow Wood. It is a 3 BR, 2.5 Bth. It was cute but needed a lot of work on the floors and a TON of cleaning up - it was GROSS.

We're going to offer on some other places. What is meant to be always finds a way! Chat Icon



I know which one you are talking about. but their listing says they won't hear anything less then list price Chat Icon

those go for a lot though, if you look there aren't any other ones with 3bdr that are priced under 400! so if you got it for 379 i think you would be getting it for a good price, although i didn't look at recent sales. it has been on the market for 186 days!

Don't worry, if its not meant to be, its not meant to be. people are nuts.

I looked at a house in stony brook priced at 399 that was over market value. we were going to offer 375 until I found out someone else had already offered that 3 months before us and the homeowner countered back with 399. guess what, its still on the market and its almost a year! they did reduce it by 10k but they will still never get that!! older people seem to be stuck on their prices, and I guess since they don't "have" to move they try and stick it out Chat Icon

Posted 1/12/10 1:17 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: *Update* Made an offer today...

wow.. that was interesting indeed! Did they think people would offer more than what they asked for. They probably wanted a bidding war that nobody was interested in.

Yes, just move on! Some people are just nuts.

Posted 1/12/10 1:58 PM
 

DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

Re: *Update* Made an offer today...

Yes, the wording said they would prefer if people started at 379 (their asking price) and went up -- which, in itself, is ridiculous in this market. Either way, when we physically saw the place their own Agent told us they would entertain all offers.

Personally, I think that it is priced well for that type of unit at 379 -- I would pay it if I could but it is above our budget. I thought if they wanted to come down, I would meet them half way and go to the top of my budget but 379 is just too much of a stretch for us. It'll sit on the market unless they decide to bend and someone offers them the asking price and they take it. Otherwise, it will sit.

Who knows, they might need a certain amount so they don't go into foreclosure. They are moving out of state, my Agent discovered that they paid over $470 for it just three years ago. So, they probably owe the bank and need to make that back or else they will foreclose it and move OOS.

Posted 1/12/10 2:46 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: *Update* Made an offer today...

Posted by DaniRella



Who knows, they might need a certain amount so they don't go into foreclosure. They are moving out of state, my Agent discovered that they paid over $470 for it just three years ago. So, they probably owe the bank and need to make that back or else they will foreclose it and move OOS.



perfect reason to do a short sale
they owe more then it's worth



Posted 1/12/10 3:28 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: *Update* Made an offer today...

Posted by DaniRella
Who knows, they might need a certain amount so they don't go into foreclosure. They are moving out of state, my Agent discovered that they paid over $470 for it just three years ago. So, they probably owe the bank and need to make that back or else they will foreclose it and move OOS.



As a homeowner, it's hard to think that you could lose on the sale of a house. But you have to be realistic also. Just because you owe $470 does not mean you are going to sell it at that price in today's market. My house lost about $70K in value in this market. That's a reality. It does not matter how much I owe. So while you want to get as much as you want when you sell, you do have to be realistic.

Posted 1/12/10 4:41 PM
 

SummerMom
Now a mom of 2!

Member since 6/07

4970 total posts

Name:

Re: *Update* Made an offer today...

Something similar happened to me two months ago. Three or four days after the owner rejected our offer, we found a house of the same size at a better price, in a neighborhood we wanted to live in more. Our offer was accepted and we're currently in escrow, ready to close in a few weeks.

Oh, and the guy from the first house never sold it and took it off the market last week. It had been on the market since June or July.

Posted 1/12/10 6:20 PM
 

DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

Re: *Update* Made an offer today...

Posted by smdl

Posted by DaniRella
Who knows, they might need a certain amount so they don't go into foreclosure. They are moving out of state, my Agent discovered that they paid over $470 for it just three years ago. So, they probably owe the bank and need to make that back or else they will foreclose it and move OOS.



As a homeowner, it's hard to think that you could lose on the sale of a house. But you have to be realistic also. Just because you owe $470 does not mean you are going to sell it at that price in today's market. My house lost about $70K in value in this market. That's a reality. It does not matter how much I owe. So while you want to get as much as you want when you sell, you do have to be realistic.



I totally agree with you.

What a shame - I don't know what is going on over there.

Either way, we have two other places that we think will be a great fit for us! So, at least we don't have to be involved in that mess anymore!

Posted 1/12/10 10:40 PM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: *Update* Made an offer today...

Posted by DaniRella

Posted by smdl

Posted by DaniRella
Who knows, they might need a certain amount so they don't go into foreclosure. They are moving out of state, my Agent discovered that they paid over $470 for it just three years ago. So, they probably owe the bank and need to make that back or else they will foreclose it and move OOS.



As a homeowner, it's hard to think that you could lose on the sale of a house. But you have to be realistic also. Just because you owe $470 does not mean you are going to sell it at that price in today's market. My house lost about $70K in value in this market. That's a reality. It does not matter how much I owe. So while you want to get as much as you want when you sell, you do have to be realistic.



I totally agree with you.

What a shame - I don't know what is going on over there.

Either way, we have two other places that we think will be a great fit for us! So, at least we don't have to be involved in that mess anymore!



It's hard to sort through it at the beginning. Sellers being unrealistic. Sometimes homebuyers are unrealistic. But in the end, you will find a place you like and in your budget. It's out there!

Good luck and keep us posted!

Posted 1/13/10 7:08 AM
 
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