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Old 09-13-2020, 09:01 PM
 
Location: Connecticut
34,808 posts, read 56,697,113 times
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Quote:
Originally Posted by SteveM85 View Post
Yeah, I can navigate a realtor site too. Even someone who has no shot for the City Data Hall of Fame like me can do that.

The question is if any are still available for sale, and not sold or pending. I doubt there's any, def not turnkeys. Many don't get marked as such.
You underestimate yourself Steve.

Sorry but I don’t think that is the point at all. The point is this is an area the OP can consider because it has homes that meet the OP’s criteria. All they have to do is find a good local agent to find the next home that comes on the market. This is likely to be the same in most towns in our state today. Jay
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Old 09-14-2020, 09:47 AM
 
Location: USA
6,734 posts, read 3,637,389 times
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Quote:
Originally Posted by JayCT View Post
You underestimate yourself Steve.

Sorry but I don’t think that is the point at all. The point is this is an area the OP can consider because it has homes that meet the OP’s criteria. All they have to do is find a good local agent to find the next home that comes on the market. This is likely to be the same in most towns in our state today. Jay
Milford and civilized CT turnkeys in the 3s and 4s are sold out. Yes, finding a good realtor is prudent in this market. They may have some insight or heads up on pipeline listings.
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Old 09-14-2020, 12:23 PM
 
21,588 posts, read 31,083,742 times
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Quote:
Originally Posted by SteveM85 View Post
Milford and civilized CT turnkeys in the 3s and 4s are sold out. Yes, finding a good realtor is prudent in this market. They may have some insight or heads up on pipeline listings.
They are not “sold out”. New homes are hitting the market every day. Lots of blanket statements here with not much to back it up.
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Old 09-14-2020, 02:31 PM
 
Location: USA
6,734 posts, read 3,637,389 times
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Quote:
Originally Posted by kidyankee764 View Post
They are not “sold out”. New homes are hitting the market every day. Lots of blanket statements here with not much to back it up.
Who said new homes aren't hitting the market everyday? of course they are. Everyone knows that.
Turnkeys get immediate bids. For now.
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Old 09-14-2020, 03:31 PM
 
1,928 posts, read 2,029,859 times
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Lots of cash bids too on houses in the 300s and 400s. It is not an easy time to be buying without a large down payment.
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Old 09-15-2020, 06:37 PM
 
Location: USA
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Quote:
Originally Posted by hvexpatinct View Post
Lots of cash bids too on houses in the 300s and 400s. It is not an easy time to be buying without a large down payment.
Really, you mean to tell me someone with 300-400k in hand is only buying a 300-400K home?
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Old 09-15-2020, 07:17 PM
 
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Originally Posted by SteveM85 View Post
Really, you mean to tell me someone with 300-400k in hand is only buying a 300-400K home?
I thought the same thing.
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Old 09-15-2020, 07:28 PM
 
Location: Coastal Connecticut
21,626 posts, read 27,921,884 times
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Quote:
Originally Posted by SteveM85 View Post
Really, you mean to tell me someone with 300-400k in hand is only buying a 300-400K home?
It seems counterintuitive, but my friend was 'outbid' once in Milford by cash buyers. Maybe it's unusual.

They had a lower offer, but were able to close with more surety.

He's been outbid multiple times, in general. He was also "outbid" once by a buyer that could put down bigger down payment (more than 20%), despite the same offer. Again, made the seller more confident. These houses were in 350-450k range.

He would've had a house by now in normal times, but is now needing to resort to make some aggressive offers on a turnkey house after losing out so many times (or look in other, less "hot" towns). Just an anecdote.
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Old 09-15-2020, 07:49 PM
 
Location: USA
6,734 posts, read 3,637,389 times
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Quote:
Originally Posted by kidyankee764 View Post
I thought the same thing.
Quote:
Originally Posted by Stylo View Post
It seems counterintuitive, but my friend was 'outbid' once in Milford by cash buyers. Maybe it's unusual.

They had a lower offer, but were able to close with more surety.

He's been outbid multiple times, in general. He was also "outbid" once by a buyer that could put down bigger down payment (more than 20%), despite the same offer. Again, made the seller more confident. These houses were in 350-450k range.

He would've had a house by now in normal times, but is now needing to resort to make some aggressive offers on a turnkey house after losing out so many times (or look in other, less "hot" towns). Just an anecdote.
On second thought, I can see if older or retired personnel with cash in hand from a big sale looking to downsize were doing that.
Still, it's not a requirement. 20% is still the accepted norm.

In a hot market, I'm taking the highest offer. Period. What do I care what the buyer puts down, that's their problem. Next man up, if it doesn't work out.
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Old 09-15-2020, 08:06 PM
 
Location: Coastal Connecticut
21,626 posts, read 27,921,884 times
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Quote:
Originally Posted by SteveM85 View Post
On second thought, I can see if older or retired personnel with cash in hand from a big sale looking to downsize were doing that.
Still, it's not a requirement. 20% is still the accepted norm.

In a hot market, I'm taking the highest offer. Period. What do I care what the buyer puts down, that's their problem. Next man up, if it doesn't work out.
It was only a few thousand, both were over asking and they didn't ask him to counter
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