The New “What did you do with your Z today” (with off topic replies) XXXIX

old guy · 05-03-2021, 08:55 AM

So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning

This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here!
Forgot to mention, we also had to cancel 7 other showings!

JLarson · 05-03-2021, 08:57 AM

Quote:

Originally Posted by old guy

So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning

This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here!

Wow! That's amazing! So glad to hear this worked out better for you than expected.

Ghostvette · 05-03-2021, 09:34 AM

Quote:

Originally Posted by old guy

So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning

This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here!
Forgot to mention, we also had to cancel 7 other showings!

Quote:

Originally Posted by JLarson

Wow! That's amazing! So glad to hear this worked out better for you than expected.

That's what is happening around here, houses go on the market, showings on Saturday & Sunday, with no offers accepted until 5 pm on Sunday. House usually goes under contract for 40-50K over ask. It's a damn bidding war.... I could probably sell mine right now for $75K over what I paid for it, but then I'd be in the middle of this silliness trying to find another place. No thanks...

FL 4Motion · 05-03-2021, 05:23 PM

Quote:

Originally Posted by Ghostvette

That's what is happening around here, houses go on the market, showings on Saturday & Sunday, with no offers accepted until 5 pm on Sunday. House usually goes under contract for 40-50K over ask. It's a damn bidding war.... I could probably sell mine right now for $75K over what I paid for it, but then I'd be in the middle of this silliness trying to find another place. No thanks...

Yup, it’s hard to buy low and sell high re: your home unless you have an investment property you can crash at temporarily or you’re cool with living out of a van down by the river until the next housing recession so you can score a good deal.

Spoiler · 05-03-2021, 10:24 AM

Quote:

Originally Posted by old guy

So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning

This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here!
Forgot to mention, we also had to cancel 7 other showings!

Nice... I bet you are glad

FL 4Motion · 05-03-2021, 05:21 PM

Quote:

Originally Posted by old guy

So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning

This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here!
Forgot to mention, we also had to cancel 7 other showings!

Wow, congratulations. Good to hear at least this is going well.

05-03-2021, 08:55 AM	#1 (permalink)
old guy A True Z Fanatic Join Date: Apr 2015 Location: S.E. Michigan Age: 68 Posts: 2,711 Drives: 13 magma touring Rep Power: 2684370	So early last week the deal on my dad’s house fell through. I interviewed 3 Realtors raised the price 50k, put the house on the market Thursday evening and had 5 showings on Friday, was given an offer 10k over asking and signed the deal on Saturday morning This is a solid offer, no inspection except for well and septic, close in30 days, and he’s pre- approved for 100k over the sale price. Things in the real estate market are going crazy around here! Forgot to mention, we also had to cancel 7 other showings! __________________ I better walk before they make me run.... Last edited by old guy; 05-03-2021 at 09:02 AM.

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