Reply to Tips from a seller why just had home go under contract

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Within the past 5 months... we bid slightly under ask on a McLean house that is over $1M, there were three other offers.  Agent said for each to bring their best offer.  We raised our offer to full ask price (with 20% down), BUT STILL had both a home inspection and financing contingency and we got the house.  So this seller has ALL the leverage hype isn't the RULE all the time - even in sought after areas of McLean.[/quote]

Eh you bought during the winter market.  [/quote]

Contract ratified yesterday, house was overpriced and then when they dropped it a bit we swooped in at asking price. WITH inspection contingency and right to cancel.

In April.

In a W district.

For under $1m. [/quote]

Blessed be the sellers who overprice.  They are the best hope for buyers, particularly those with sale or settlement of home contingencies[/quote]

Yep! Tips from a buyer: Price low, get buyers in and get them bidding. You'll get better terms with multiple offers, and will probably end up selling for just as much in the end. [/quote]

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