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Reply to "SPRING MARKET!! What's the vibe?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We’ve been actively looking in Falls Church / N Arlington area and houses are being bid $100-200k over asking with a few places that have been bought sight unseen. We’re wondering if we should renew our lease so that we can resume our search in a few months / next year.[/quote] What’s your price range[/quote] $1.3-1.5M. It's so bad in VA that we're actually looking at buying in D.C.[/quote] Watch the 1.1 to 1.3 listings like a hawk (or have your agent doing this), see it immediately the day it goes live and your agent can take you, and bid way up with an escalation clause. [/quote] Better yet: drive your desired neighborhood a couple of times per week and watch for houses with lots of work trucks but that seem to be otherwise quiet. If you have a dog you can do this less conspicuously. On our dog’s billion walks per day we started to notice a hour with handyman trucks, then painting company trucks, then the garage would be open and we realized it looked really cleaned out. The lights were never on at night and I told DH we had to move money around and call our mortgage broker. When the house was listed, we had already been pre-approved for the mortgage and our real estate agent had already contacted their real estate agent. We got the house.[/quote] You sound just a LITTLE like the narrator of Best Offer Yet- a novel set in DC about a … very persistent homebuyer. [/quote]
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