Well.  We got an offer on the house.
It has been showing a lot – lots of interest in it. Â And we got an offer (it’s been on the market since the 16th – all of one week now).
The offer is low – over 20K below asking price. Â We (Kevin) did price at the high end of the middle, but still. Â Wretched lowballing offerers. Â We’ve countered to somewhat less than half way between their number and our number, and if they don’t take our second offer that’s it for them. Â The house is showing lots and it’s really early.
But Kevin says that conventional wisdom says to take the first offer. Â Â So that’s where we are.
If we do wind up with this lower offer, it may change the range of houses we are looking for. Â Not that that’s too bad of a thing – may end up with 2 1/2 garages instead of 3 (awwww)
And if we buy up, we’ll avoid the capital gains taxes. Â Not that that’s really a huge consideration, but still ……..
Dificult decision…. Kevin is right that the first offer is often the best, but you have a nice house in a nice area and, the market is good. I do not envy you the decision.
They accepted the second counter – nothing’s really signed yet, but the paperwork is all that remains.
I know sometimes the paperwork is as much if not more hassle than the rest of it – but still. We have negotiated an offer.
It’s right at what both realtors said the house would go for, so that’s something. Kevin was hoping for higher, but I’m pretty pleased – an offer in 1 week, and $$$ more than what he bought the place for (love appreciation). And the fact that this is where both of our realtor estimates came in at – I guess this really is the current market value of the house.
On to the contract!
That was fast 🙂 Hope the rest goes smoothly.