On the other hand...

[annathepiper]

solarbird has just informed me that the sellers of the current house we're shooting for apparently just got an offer late last night in which the buyers waive all contingencies in the contract and offer more money than we are.

Bah. The one small glimmer of hope is that the agent says that Mr. Buyer apparently initialed the contract but Mrs. Buyer did not, and there is the scant possibility that Mrs. Buyer may not agree to said contract. I kind of doubt it, though. This is the kind of market we're in--where people are anxious enough to get houses right now that they're pretty much willing to abandon contract contingencies like this. (With this house it makes somewhat more sense than it did with the house in Brier, but still.) And it doesn't help that this house is already on the crazy high end of our financial range--we can't compete with higher offers, not for this one. :/

Comments

[firni.livejournal.com]

I just don't get it. What the hell is going on here? It's not like it was five years ago, with people having more money than sense, is it? Or is it? Where are people getting this kind of money and stupidity in this economy?

[poetry-lady.livejournal.com]

The stupidity is always around, no matter the economy.

And there's so much macho instant-gratification bullshit in this area that I'm not suprised this sort of crap is still going on despite the economy.

[kiki-elf.livejournal.com]

this is very extra stupid tho'. i mean very very extra stupid. the realtors are even saying it's very stupid. and they're taking advantage of it! but it's still very stupid.

[firni.livejournal.com]

I'm just... appalled. There are no other words to describe it.

[annathepiper]

At this point I'm not quite as spazzed and upset as I was yesterday--but I still want to take a large mallet around to our agent and go "FIND US A HAUS DAMMIT *WHAM WHAM WHAM WHAM WHAM*".

Sigh.

[annathepiper]

Stupidity is, indeed, a constant in life no matter what level of economic comfort we're dealing with.

However, apparently in this market it means the stupid people actually get the houses. :P

[annathepiper]

I wouldn't be terribly surprised if the people with whom we've had to fight for these various houses don't technically have the kind of money required to win these bid wars, but are willing to throw themselves into debt in order to get it.

To date, Dara and I have been operating under the scenario that if we pick up another house, it'll be with a minimal mortgage at most, and it'll be mostly financed by the sale of 5026.

But apparently this scenario isn't competitive enough, or something. :P

[flashfire.livejournal.com]

What. The. Fuck.

I know I don't have experience in this kind of thing yet, but I've never heard of anyone having such a freaking hard time buying a place. So far, every single chance seems to have had something strange come up to shut you out of it.

Jeez. Idiots, too!

You'll get yours, though. Hopefully soon.

[annathepiper]

Yeah, this is far and away the most annoyingly long and drawn-out process I've ever heard of anyone having to go through to get a house. Bah.

We're probably going to have to wait till the market settles down, I daresay--whenever that winds up being.