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Good luck and keep us posted. you need to do what feels right for you and your situation. Nobody knows what you want or need better than you. so congradulations on your offer.
Congrats and good luck!!! I love what you said about buying a home and not a house. People around here seem to forget that sometimes. We found the house of our dreams this past week. It sold the next day before we could make an offer on it (need to sell our current house first). The list price was great and I would have paid over list price for it. As long as you are happy that is what's important.
it's good to low ball and work your way from there.At this point if it's been on the market since last summer,you own that house.don't feel bad you bought at a good time"it's a buyers market".those that bought in the last 5yrs are the ones that overpaid and i happen to be one.if you can afford the payment be happy and go with it.
Uhh...sales are quite brisk in my area right now. I don't know what you are talking about but I'm working with more investors now than ever. True investors, not speculators. With pricing down, first time homebuyers are able to buy. With pricing down, people are looking for 2nd homes that they couldn't afford in the past. With pricing down, investors are looking at rental properties that they actually will have a positive cash flow. And then you have the investors that are purchasing bank owned properties and flipping them. And, you have the people that are moving to Florida because they just can't stand the cold anymore, just like always. So, yes, there is activity here and yes, there is money out there. Not everyone is strapped or so worried about the economy. Not everyone has crappy credit and can't afford to buy and there's still a lot of cash out there...we're not talking about people that need the rebate.
That ship has sailed. Smart money is not pouring into real estate right now. We're in a recession and many investors are wary of the real estate market. Don't expect $600 rebate checks to help.
Don't worry so much about where money is pouring into right now. I believe it was Warren Buffett, (and I would call him SMART money) who advised that it's best to be a buyer when everyone else is trying to sell.
did u know florida is #2 in the number of foreclosures just behind cali. im sorry to say lady...u overpay. u should make an much lower offer.
You have not seen the house. You have not looked at the specifics of his scenario. You read a stat on a website someplace and thought that turned you into an expert on a real estate market 1,000 miles away. If he waits a year to buy, and prices have increased by 5%, will you pay him the difference?
You have not seen the house. You have not looked at the specifics of his scenario. You read a stat on a website someplace and thought that turned you into an expert on a real estate market 1,000 miles away. If he waits a year to buy, and prices have increased by 5%, will you pay him the difference?
yes i maybe 1000 miles away and i should at least see the house and then look at the comps around that area before i said she overpay or not. but i will guarantee u this...whatever she buys in florida, the value will drop at least 10% by the same time next year. u wanna bet money on that? u a real estate broker in nj...so u should know better than this.
yes i maybe 1000 miles away and i should at least see the house and then look at the comps around that area before i said she overpay or not. but i will guarantee u this...whatever she buys in florida, the value will drop at least 10% by the same time next year. u wanna bet money on that? u a real estate broker in nj...so u should know better than this.
As a real estate AGENT (NOT a broker) I know better than to do anything as silly as guaranteeing next years value on a particular property. Apparently you don't feel the need to be that cautious. Have fun.
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