Buying A Home
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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.
Re: trying not to be bitter.
btw the market in NEW JERSEY is crap. You must be kidding.
http://www.bloomberg.com/news/2012-02-08/nj-has-backlog-of-up-to-100k-foreclosures.html
fact.
I'm sort of done here because it seems like you have some other issues that I'm not aware of, but:
- I don't disagree with you, there are places where people are taking far less than asking. I just don't think you can automatically assume that OP is in one of them. I haven't made any sweeping statements about the market as a whole - I'm from South Florida originally, where you can't give houses away.
- We actually made offers on three houses and all three had bidding wars within 36 hours of the houses being listed. All went for asking or higher. A house similar in size and style but 10 years older and less updated just went under contract in 24 hours for 10% higher than what we paid.
I live in PA.
Okay, you're getting more than a little riled up here. No one said they were "right" and that how things were in their market is indicative of what is going on in the market where the OP lives. People were simply pointing out that the sellers may not be a-holes because they may have priced their house right and live in an area where the market is good right now. They were giving examples of other similar areas where this is going on. Could the sellers be a-holes? Sure, maybe. Could they know they can get what they're asking? Maybe. We don't know.
Yes, there are a lot of sellers who are unrealistic about the worth of their house, but there are also a lot of sellers who have their houses priced to sell. We don't know exactly the situation the OP is experiencing because we don't know where she lives or anything about the house she was looking at. But I don't see how assuming and telling her the sellers are a-holes is any more supportive than telling her to not take the process personally.
I'm sorry your initial offer didn't go as planned. As some PPs have noted, offers really depend on your local market. When you looked at comps, were they sold near your offer amount? If so, and your offer was in line with the comps, it may be a case of a seller that is not fully in touch with the realities of todays market. If your offer was significantly lower than the comps, maybe you need to sweeten it up a bit. You can always wait it out and then re-offer in a few more weeks when the seller may be more ready to negotiate. And in the mean time you may find another house that is a better fit. the beauty of the market is that there will always be another house that you will love.
And when the deal is right, things will fall into place. I say this as someone who has been through 3 failed contracts and has been in the market since January 2011. Don't lose hope. It will all work out exactly how it is supposed to. We are on contract 4, and we are astonished at how smoothly everything is going. It's like it was meant to be.
Do you bother reading at all before you post?
Let me repost my remark concerning the a-hole comment:
I'm trying to give this girl hope and support. Perhaps the person really isn't an A-hole in real life, but that's what you say to someone who's been crushed and is looking for supporters to be on their side. God. Does everything have to be explained to you people here? It's like 99.5% of the members here are either immature or simpletons. There are about a handful of members here who really get it.
Do you at least get the jest of that? at least a little?
I'm guessing you meant gist, although jest does seem more appropriate given how this thread has turned out.
OP, I'm sorry your post has turned into a back and forth like this. Good luck in finding a home.
God you're dense and obtuse. Jest is exactly how it was intended to be taken. Jest as in good-natured ridicule; taunt. Funny how you tried correcting me. How rich. lol
Don't say sorry, because you're not. If you were and had half a brain, you would've kept it shut, but like most cowards here, you post, run, then apologize to OP. Old trick.
OP, get used to it, because that's the way it is with most of the threads here.
In my 'region' houses are absolutely selling for listing price and over. We have put offers in on several houses which ended up as bidding wars. Houses in our area are selling in a matter of days, some the day of listing.
It really does depend on your area, how many houses are for sale in your area vs buyers, what time of year it is, how your local economy is doing etc etc.
You simply cannot compare housing markets in one area to another, it's not logical or woth arguing over to prove a point, especially when you are giving examples from three years ago and presumably from a completely different area of the country. I think you just need to simmer down and realise that your selling experience isn't necessarily going to be relevant to anyone elses experience.
I'm all for giving people support, but giving people informed facts tends to help a lot more than telling people exactly what you think they want to hear.
It's not just three years ago, nitwit. Does anyone bother reading the entire thread? I SAID 3 years ago I sold 2 houses. IN THIS LAST YEAR 2011-2012 I have made offers on TWO houses that have been well below asking and accepted but didn't go through due to inspections.
There's no need for me to "simmer down", because I am simply correcting the stupidity that comes out of the likes of you.
No one has explained why it hurts anyone to make a low offer, if there aren't other offers on the table, providing the house has been on the market, because i assume you all have enough common sense to know we're not discussing houses that have just been listed or houses in Seattle with a trillion offers, which seem to be going like hot cakes.
I say if you like a house and it's been on the market for at least 5-6 mo. make a low offer, and you will be surprised how many sellers just wan to end it and move on.
Ok well I'm also going to bow out of this thread. I'm not going to sit here while you spout obscenities at people, it's very immature and unnecessary.
OP, I hope everything works out the way you want it to.Obscenities? Perhaps you should look up the definition of the word before misusing it.
2. a self absorbed person.
3. an elitist pig, usually found inflating her/his ego to the point of nausea.
4. a self proclaimed stately person, commonly found talking down to others whom of which are typically in a higher intelligence quotient bracket.
So, was the use of "wan" intentional like the use of "jest"? I need you to lay it out for me because I am an imbecile. Thanks.
Why are you so snatchy? Talk about not taking it so personally...
To know One Direction is to love One Direction
Peggy needs a stiff drink, chill pill & a crash course in real estate.
I believe "wan" was a typo. I think that Peggy was trying to write "want" but the "t" was left off. It may have easily happened since the word after it began with a "t". HTH.
Peggy, I have to agree with most of what you've said here. (Although, I don't agree with your tone.) I tried to sell my modular a few years back and when someone offered 15% below asking, I took it. I do think that you're right about these ladies being in some sort of real estate cult.
Mona
Please visit my Etsy Shop to see my latest creations. God Bless.
That's hilarious, because thenest.com launched in March 2005.
Trains Across America
Would you like to buy my condo in Salem?
While your definition of "jest" is correct, your use of it here is not.
Grammar FAIL. Burn FAIL.
You lose.