Searching for a house
June 16th, 2008 by HenSo far our house search has seen us like 4 houses.
House 1 - on second look we decided it needed too much (new electrics and new windows).
House 2 - we liked it, but Levi was too soon around the corner for us to be doing with such a thing.
House 3 - we liked it, we put an offer down, they refused to budge more than 1% from their asking price.
House 4 - we saw it on Sunday. Really liked it. Same price as House 3 but with no negatives. We decided tonight to put an offer down first thing in the morning. 5 seconds later it was “Subject to Inspection”.
I guess a good house still goes quick, it was only on the market for 6 days.

June 16th, 2008 at 10:14 pm
At least things have cooled off a bit. Even just a year ago, bidding wars were common and people were purposefully underpricing homes with the intention of maximizing the number of bidders.