buyer competition: Licking our wounds....and getting back into the game
- 04/15/16 11:55 PM
This has been a tough week for one set of my buyers. There has been a bend in the road to home ownership for them. The house is smallish even by our standards (around 1350 sq.ft.); the assigned neighborhood school is so-so; it is located on a moderately busy road. It has also been remodeled beautifully, is a single-level home with the desired small yard. Perfect for my buyers. They wrote an offer 16% over asking, waiving all contingencies (the seller had obtained pest, roof and home inspection reports ahead of time). Appraisal wasn't an issue since they were putting down about 35%.
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