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Old 01-16-2015, 09:27 AM
 
668 posts, read 783,341 times
Reputation: 579

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Quote:
Originally Posted by cBach View Post
Um, more like our offer will be $3K below the selling price.
And then you won't get the house. I just went through this process for the last nine months--we made offers on 5 houses before we actually won one, and we weren't asking for foolishness like this. It is a SELLER'S MARKET. This means that you won't get much if any concessions you ask for, and in most cases there will be half a dozen other bidders along with you, many of whom will be willing to pay above appraisal value.

Either you haven't done a lot of research into the current market, or your real estate agent is not advising you appropriately. 2013 was 2013. It is a different climate right now. You don't need to do much of anything to a house that isn't totally trashed right now. Ask to see pictures of recent comps that have sold in your neighborhood.
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Old 01-16-2015, 03:54 PM
 
Location: Austin, TX
12,059 posts, read 13,883,836 times
Reputation: 7257
Quote:
Originally Posted by eirenecat View Post
And then you won't get the house. I just went through this process for the last nine months--we made offers on 5 houses before we actually won one, and we weren't asking for foolishness like this. It is a SELLER'S MARKET. This means that you won't get much if any concessions you ask for, and in most cases there will be half a dozen other bidders along with you, many of whom will be willing to pay above appraisal value.

Either you haven't done a lot of research into the current market, or your real estate agent is not advising you appropriately. 2013 was 2013. It is a different climate right now. You don't need to do much of anything to a house that isn't totally trashed right now. Ask to see pictures of recent comps that have sold in your neighborhood.
We'll just find another house.
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