MCM in Clifton

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw the same house and went to the open house after viewing it earlier in the week. I had the same worry about the retaining wall. There was also a noticeable cigarette smell in the living room and a wet/damp smell coming well the closet with the well pump. The smell wasn’t as bad at the open house as it was a few days earlier, but it was enough to make me wary and not place an offer. It was at the top of our budget and seemed to have the potential to be an unexpected money pit.

It was still a cool place, though. 😭

Op here. Yeah it was at the top end of our budget too. I didn’t smell the smells. I bet they did something to minimize them.

Because of the retaining wall issue we insisted on an informational inspection. That contingency probably lost us the house. We had an all cash offer and included an escalation clause that went well over asking. I’m kind of relieved now that we didn’t get it tbh. I’ll be interested to see what it went for.

NP. Top end of your budget, but all-cash offer? I'm confused.

Do you not understand that people buying a house might set a budget that is below the amount of cash they have? One can decide they only want to spend 1M and have more cash than that.

Just because you have the cash to buy a house doesn’t mean you don’t set a budget.

Not sure what is confusing about that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw the same house and went to the open house after viewing it earlier in the week. I had the same worry about the retaining wall. There was also a noticeable cigarette smell in the living room and a wet/damp smell coming well the closet with the well pump. The smell wasn’t as bad at the open house as it was a few days earlier, but it was enough to make me wary and not place an offer. It was at the top of our budget and seemed to have the potential to be an unexpected money pit.

It was still a cool place, though. 😭

Op here. Yeah it was at the top end of our budget too. I didn’t smell the smells. I bet they did something to minimize them.

Because of the retaining wall issue we insisted on an informational inspection. That contingency probably lost us the house. We had an all cash offer and included an escalation clause that went well over asking. I’m kind of relieved now that we didn’t get it tbh. I’ll be interested to see what it went for.

NP. Top end of your budget, but all-cash offer? I'm confused.

Do you not understand that people buying a house might set a budget that is below the amount of cash they have? One can decide they only want to spend 1M and have more cash than that.

Just because you have the cash to buy a house doesn’t mean you don’t set a budget.

Not sure what is confusing about that.

It's confusing because they could get a mortgage like everyone else on earth.

[Anonymous]

I love it!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Saw the same house and went to the open house after viewing it earlier in the week. I had the same worry about the retaining wall. There was also a noticeable cigarette smell in the living room and a wet/damp smell coming well the closet with the well pump. The smell wasn’t as bad at the open house as it was a few days earlier, but it was enough to make me wary and not place an offer. It was at the top of our budget and seemed to have the potential to be an unexpected money pit.

It was still a cool place, though. 😭

Op here. Yeah it was at the top end of our budget too. I didn’t smell the smells. I bet they did something to minimize them.

Because of the retaining wall issue we insisted on an informational inspection. That contingency probably lost us the house. We had an all cash offer and included an escalation clause that went well over asking. I’m kind of relieved now that we didn’t get it tbh. I’ll be interested to see what it went for.

NP. Top end of your budget, but all-cash offer? I'm confused.

Do you not understand that people buying a house might set a budget that is below the amount of cash they have? One can decide they only want to spend 1M and have more cash than that.

Just because you have the cash to buy a house doesn’t mean you don’t set a budget.

Not sure what is confusing about that.

It's confusing because they could get a mortgage like everyone else on earth.

Again — not sure why this is confusing? With rates what they are many who can get a mortgage “like everyone else on earth” will not if they don’t have to. Actually there are lots of reasons not to. And buyers prefer cash offers.