Buying A Home
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Intro; I think we are putting in an offer today.

Wow, it is a little surreal to type that!

DH bought our current house in 2000, a few years before I knew him.  Everything to home buying is new to me and I feel like a lot of it is going right over my head.  We live in a 1906 bungalow, 4 bdrms, 2 baths, but one of those bedrooms is our tv room on the main floor and the other is an office upstairs. DH finally convinced me this year that it would be better to move than to convert the basement to living space.

That was in February, shortly after I drove by a 1890 Queen Anne Victorian that I admired for years and saw that it was on the market.  The house has been on the market for 2 yrs now.  It is much bigger than our house and we both fell in love with the interior. When we met with our REs in the spring, we decided that it would be better to get serious in the fall. We have looked at several other houses over the last few weeks, nothing else compares to our house crush.

We have an approval letter from the bank for the asking price, it is a contingency  that we need to sell our house first.  (I'm sure I am using that term wrong.)

We are packing now, and the first weekend of Nov we will paint two bedrooms upstairs and put in new wool carpet.  I have a POD scheduled to deliver and get loaded the week of Thanksgiving with all the crap in our basement and a lot of furniture, etc that we don't need so we can stage the house to sell. So technically we could go on the market the week after Thanksgiving but our REs are advising us to wait at that point until Jan 2. 

We are going to make an offer that is lower than the asking price.  They have come down a lot since the listed it in 2009, but our REs say that very little moves in that price point here.  REs also suggesting that we write a letter to the buyers. Has anyone else done that? Did it work?

I'm feeling a little out of body right now and would love any advice or tips.  TIA. 

 

 

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Re: Intro; I think we are putting in an offer today.

  • We wrote a letter to the sellers when we lowballed their (very overpriced) house.  DIdn't help, they didn't even counter.  Of course, that house is now off the market and everything in their neighborhood has gone even FARTHER below their asking, haha.
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