Buying A Home
blondii428
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Process has been heartbreaking and discouraging
We started shopping for our first home 2 months ago. We have looked at 7 homes and put in 4 offers. We have been outbid on 3 of them, and the 4th is a HUD that we put a bid on, we are waiting to hear whether or not we won the bid. I'm honestly not expecting to get it even though we offered over $6000 above list price.
The competition is just so tough right now! There aren't many houses on the market, but there are a ton of buyers. Anytime we go look at a house there is someone both before and after us looking at it. Most aren't even on the market for a week before going under contract. Has anyone else gone through an experience like this and were you finally able to land a home?
Re: Process has been heartbreaking and discouraging
If money is an issue (usually it is...!) at least think about how much you are able to continue saving for a downpayment or what not while you continue your search. That's pretty much the only thing getting me through!
I'm sorry to hear that! I know it is discouraging. I went through a very long home search, though for different reasons. I don't have a lot of advice to offer, other than to keep plugging away and try not to get too attached to any particular house until you are literally at the closing table!
There was one point where I got so sad about everything, for my own sanity, I stopped looking for about two months. It gave me a chance to regroup, shake off the disappointments, and go back in refreshed and with a new plan. Lo and behold, I went under contract two months later and closed two months after that.
Some times it is not the money offer you are making that helps a seller to pick an offer. Sometimes, it is the concessions or even if the buyer has been preapproved. Sometimes the closing date could be the problem. Some sellers want to close quick and will go with that one no matter what the monatery offer is. Talk with your realtor see if they have any suggestions.
Hang in there.