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Advice needed on house hunting!


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#11 Nrvsbride

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    Posted 09 January 2008 - 04:30 PM

    I'm really sorry that happened to you. The way you have to look at it is this: If you love it so much, there are probably a ton of other people that want it also. So if you see something you love, be prepared to make a move within the next few days. Get pre-approved so that it will make things quicker for you. Also, after you view a home you like, go home and discuss it with FI the plan out your finances and go see it for a second time within the next day or two. Then make your offer ASAP. But like everyone else said it is a buyers market so there is a lot of inventory out there. Good luck!

    #12 coreyphil

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      Posted 09 January 2008 - 06:17 PM

      Thanks for all the help girls! We are pre-approved with a bank ... we were just planning on getting a pre-approval from a broker to compare rates. We should have that by this Friday. Then the holidays and the trip happened ... it was so crazy that it had been listed for so long and then was snapped up! I talked to my realtor today and he apologized ... he said that he talked to the seller's realtor to ask why it wasn't showing under contract when we saw it ... apparently there was some sort of system glitch.

      That's a great idea about talking with an inspector and contractor ... I'll have to look into that!

      And, I'm realizing pretty quickly now whether or not I like houses we're looking at ... my FI is just VERY cautious (read: SLOW) in making big decisions! (thus, dating for four years ...lol!). Maybe losing this house will be a bit of a lesson for us both and get us moving! :)

      #13 TammyWright

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      Posted 09 January 2008 - 07:13 PM

      Quote:
      Originally Posted by fogdog
      Try house-hunting the Bay Area! Typically, houses get listed on Thursdays, open houses on the weekend, and then (several) offers Tuesdays.
      Once you've looked at enough houses (we looked for 8 months) you should know within a few minutes of walking in and then scanning the disclosure packet whether it's right for you or not. As time goes by, you'll become more comfortable with moving quickly. Also, depending on your offer, you should be able to use your contingencies to back out if you need to.
      Very good advice to have your inspector and mortgage broker lined up ahead of time. Both can act quickly (less than 24 hours) if you have an already established relationship.
      i feel ya...we made an offer on a $930,000 house that was a total gut job and it had 3 offers...we didn't get it.

      all you can do is just be aggressive, maybe have your agent hit old listings taht were pulled off the market to see if owners will still sell...if their is a neighborhood you like a letter to each homeowner might not be a bad idea...i've found houses for 2 clients that way (i sued to be in real estate)

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      #14 TammyWright

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      Posted 09 January 2008 - 07:13 PM

      Quote:
      Originally Posted by fogdog
      Try house-hunting the Bay Area! Typically, houses get listed on Thursdays, open houses on the weekend, and then (several) offers Tuesdays.
      Once you've looked at enough houses (we looked for 8 months) you should know within a few minutes of walking in and then scanning the disclosure packet whether it's right for you or not. As time goes by, you'll become more comfortable with moving quickly. Also, depending on your offer, you should be able to use your contingencies to back out if you need to.
      Very good advice to have your inspector and mortgage broker lined up ahead of time. Both can act quickly (less than 24 hours) if you have an already established relationship.
      i feel ya...we made an offer on a $930,000 house that was a total gut job and it had 3 offers...we didn't get it.

      all you can do is just be aggressive, maybe have your agent hit old listings taht were pulled off the market to see if owners will still sell...if their is a neighborhood you like a letter to each homeowner might not be a bad idea...i've found houses for 2 clients that way (i used to be in real estate)

      Founder and Owner of BestDestinationWedding.com  /  Bride & Groom Fly FREE Promotion

       
      Looking for a travel agency that specializes in Destination Weddings-CLICK HERE?  We are an award winning travel agency and you can read our reviews here.
       
      Awards and recognition: 
      Palace Resorts Winner "Top Travel Agent", "Top Homebased Travel Agency" PRO Platinum Agency (Top Award)     |    AMResorts Master Agent & Top Agency  
      Karisma Hotels Diamond Level 5 (highest production), Top 10 Azul Weddings, Top Wedding Coordinator | Wright Travel & Karisma GIVC Benefits
      Travel Impressions Best of the Best Globe Winner    |     Apple Vacations Golden Apple Winner  
      sml_gallery_206696_17612_13451.pnggallery_206696_17572_8409.jpg    sml_gallery_206696_17572_1003.jpg
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