House #4 Under Contract
Call us crazy, but we have reached an agreement to buy a house for approximately $301,500. It was the 7th offer we had put on a house during our house hunting, but only the second seller who was willing to negotiate with us.
In-fact we were perhaps not aggressive enough with our offer since the seller quickly countered at our offer price without the extras we included (closing costs, allowances, etc). After a couple more counters we reached an agreement (see my account of the negotiations for House #2 to get an idea of what I mean). However after shopping around since effectively July we are excited to have some visibility to what the future is going to look like for us.
You might argue we are premature to the prime time to purchase a home, but we are still pretty much living out of our suitcases and feel a strong urge to start settling in, especially now that we are expecting.
These sellers were much more willing to sell at a loss than previous sellers whose properties we had made offers to. As it turns out there was a relocation company involved with the sellers so the company incentives to sell obviously helped us to get a price that we felt was more reasonable given the current market conditions.
We should close before the end of this month assuming we get through the inspections/repair negotiations ok.
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