Buying A Home
pinchu
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.
Bidding war?!?!
So my husband and I made an offer on a house tonight that has been on the market 2 days. We just heard back that the sellers have three showings tomorrow and want to wait before countering back to us. Ugh! I don't want to be in a bidding war. It's going to be a long day tomorrow.
Re: Bidding war?!?!
We were in three and lost them all, but were the back up offer on our new home which ended up working out for us. Keep calm and consider what the best offer you'd be comfortable making is. If someone else puts in an offer, you should get a chance for best and final.
It is a terrible torture to have to wait!
That sucks. We were involved in bidding wars on 4 houses (I think?) before we got ours. Obviously, we lost them all. We only narrowly escaped a bidding war on our house. We made a full price offer that they signed on day #2 on the market, a few hours before the competing offer came in. Not giving them anything to counter seemed to be the key.
It is super frustrating, but you've got to just keep trying.
Exactly. Good luck!
Just know what the top end of your price range is and stick to it. Emotions run very high in these situations and feelings of anxiety and fear in losing the house can easily cause someone to go beyond what they are comfortable with financially.
If there are other offers, be assured that your agent and the listing agent will do their best to generate lots of hype and stir the pot.
Hold firm to the highest price you and DH determined before the offers start flying around. And, write it down with a reminder to stick to it.
As PPs from prior threads have said...there will always be another house.
Have fun!