We've launched the new forums! Read more here

The House Searching / Buying/ Building Thread

Home inspection went well, got the rate locked today. Wish we would have done it yesterday as rates went up an eighth of a point today, but I'm not complaining too much. Rates are still insane.

It's happening!
 
Well, I have not visited this thread in a while.
My current house is on the market.
I am under contract with a new house, close June 17 (right after B'stone Pitt event). Good rate on a 15 year mortgage (3.125%) locked in.
The GF is moving in, but she closes on her house on June 11. Her stuff, therefore, will hang out in my garage for about a week.
And I have had exactly ZERO offers on my current house. Although I expected that, it still is a bit nerve racking.
Hope to have my current place sold before October. Hope.
 
JB said:
According to a thread on here, evidently GG and I should have a mansion, but then I saw its in Texas. :alien:
Click to expand...

Don't hate the state......hate the players. :alien:
 
Spivey said:
Well, I have not visited this thread in a while.
My current house is on the market.
I am under contract with a new house, close June 17 (right after B'stone Pitt event). Good rate on a 15 year mortgage (3.125%) locked in.
The GF is moving in, but she closes on her house on June 11. Her stuff, therefore, will hang out in my garage for about a week.
And I have had exactly ZERO offers on my current house. Although I expected that, it still is a bit nerve racking.
Hope to have my current place sold before October. Hope.
Click to expand...


Good luck Spivey. Tough spot.
 
Spivey said:
Well, I have not visited this thread in a while.
My current house is on the market.
I am under contract with a new house, close June 17 (right after B'stone Pitt event). Good rate on a 15 year mortgage (3.125%) locked in.
The GF is moving in, but she closes on her house on June 11. Her stuff, therefore, will hang out in my garage for about a week.
And I have had exactly ZERO offers on my current house. Although I expected that, it still is a bit nerve racking.
Hope to have my current place sold before October. Hope.
Click to expand...

Is the market struggling there right now?
 
You didn't buy contingent on the sale of your current home, Spivey? I think that's the route we are going to go because I don't want to be stuck with 2 mortgages.
 
jt2929 said:
You didn't buy contingent on the sale of your current home, Spivey? I think that's the route we are going to go because I don't want to be stuck with 2 mortgages.
Click to expand...

I'm sure ward and wake know better but I know a lot of people are hesitant to accept contingent offers.

We turned down two contingent offers on the last house we sold.


Sent from my iPhone using Tapatalk
 
JRod said:
I'm sure ward and wake know better but I know a lot of people are hesitant to accept contingent offers.

We turned down two contingent offers on the last house we sold.


Sent from my iPhone using Tapatalk
Click to expand...
Yep, if the market is pretty healthy we usually won't recommend our sellers accept unless it is very favorable conditions, or at least the home is already under contract .
 
JRod said:
I'm sure ward and wake know better but I know a lot of people are hesitant to accept contingent offers.

We turned down two contingent offers on the last house we sold.


Sent from my iPhone using Tapatalk
Click to expand...

Oh wow, I didn't know that. It seem like everyone has that contingency on their buy up here according to our realtor. I guess that shows how markets differ.
 
jt2929 said:
Oh wow, I didn't know that. It seem like everyone has that contingency on their buy up here according to our realtor. I guess that shows how markets differ.
Click to expand...
Before we even started negotiating we were told nothing with a contingency will be accepted. Our Realtor told us in this area contingencies on other property's selling is almost non existent .
 
My (selling )realtor told me that she wouldn't even show me houses until my place was under contract.
My GF did not like that timeframe - she needed to sell her house in the spring to get top dollar. Which she did, sold her place for above asking price.
We found a great place that was under our budget, bought without contingency, and we are splitting costs.
I saved enough to cover expenses for (planned) 6 months. So, as long as my property sells this calendar year, we should be ok.
 
Wake said:
Is the market struggling there right now?
Click to expand...
No, market is good. I have a tough property to sell, it usually takes anywhere from 3-6 months in my subdivision.
 
jt2929 said:
Oh wow, I didn't know that. It seem like everyone has that contingency on their buy up here according to our realtor. I guess that shows how markets differ.
Click to expand...

lightningbolt44 said:
Before we even started negotiating we were told nothing with a contingency will be accepted. Our Realtor told us in this area contingencies on other property's selling is almost non existent .
Click to expand...

Definitely market dependent. A few years ago when we were still in the slumps it would have been much more likely. We still do deals that are contingent on the sell of the buyer's house, but it certainly puts you at a disadvantage.
 
Only time we accept contingents is if the home already has a contract on it. They're just so risky to the seller
 
Just put in an offer on our first home. ?
 
Listing our house on Friday! It's frustrating not being able to find a house we even want to look at in our price range though.
 
e59f818c62f7c6477a80c348ca944621.jpg


I don't think I ever posted a picture of our house finished. Our landscaping starts next week.


Sent from my iPhone using Tapatalk
 
DavidWinchell said:
Looking like strongsville area. We r in a negotiating battle. Stubborn, delusional old men smdh lol
Click to expand...
Ah the good old burbs. At least that is a short commute for you.
 
lightningbolt44 said:
Before we even started negotiating we were told nothing with a contingency will be accepted. Our Realtor told us in this area contingencies on other property's selling is almost non existent .
Click to expand...

It depends... I bought our last house on contingency... This was in early 2008 though.
 
You must log in or register to reply here.
Back
Top