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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We just went under contract this week on what turned out to be a very popular house in a good school district.  We came with full price, all cash offer with escalation to $20k above asking. No appraisal contingency since we did't have a lender to deal with.  Out of all the other offers, 2 had escalations higher than ours, with waived appraisal and inspection contingencies. We upped our offer to about $12k below the highest escalation and agreed to one month free rent back.  We will do an inspection for information purposes only.  I would agree to the rent back and inspection, but I wasn't going to offer any more money even though we feel we actually got it for a good price and it would have appraised higher than we're buying it for.  I still have a bitter taste in my mouth from buying our first house in 2005 during all the bidding wars.

That's twice now we've bought in a sellers market.  Hope putting our current house on the market next month works out as well for us as for the sellers of the house we're buying.[/quote]

I think we may have been one of the higher bidders on that house. If so, congrats - it is really a cool house.[/quote]
Alexandria?[/quote]

That's not possible. One of the descriptors was "good school district."[/quote]

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