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My FTHB experience

I just closed on my first home yesterday and wanted to share my experience in this crazy market.

I recently got a new job that would require me to move to the Atlanta area. Went up from FL with a week to find a house and get an offer accepted. I used a VA loan with 0 down. After a few failed offers I got one accepted within about 5 days of my home search.

Offer was accepted on 06/29 for 5% under ask. Inspection done on 07/01. Negotiated 7k sellers credits from inspection items. Appraisal done 07/16ish, came in another 7% or 22k under the agreed price. Seller agreed to drop the price to appraised price. Got the clear to close from the lender on 07/23 Closed on 07/29.

I feel that I got super lucky given the market and limited timeframe I had. The quick 30 day closing on VA loan surprised me. A big thing that helped was that the sellers were under contract on another home and had to sell this one to buy their new one.

Just wanted to share my FTHB experience in this crazy and stressful environment.

submitted by /u/Crazy-Childhood
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source https://www.reddit.com/r/RealEstate/comments/oujvj4/my_fthb_experience/
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