Skip to main content

We just closed today on our firsr house and everything went perfect

Title says it all. Want to share some good news in wave of horror stories ive read all month.

We somehow landed an amazing property for an amazing price. Every little amenity is brand new, every single detail just perfect. Not a single concerning thing came up in the inspection, just super minor stuff all less than $500 to address. We bought it for 172k, and our realtor said it could have easily gone for 250 if it was 30 minutes north of where we got it.

The low price comes from being extremely rural but that's exactly what we wanted. This came after searching for houses almost 100k more an hour north. By far the best property we viewed and the sellers were just great. Even through in some nice rugs and patio furniture!

We had some scares as the title company and appraisors took a while. We got the final approval and clear to close only 18 hour prior to closing. It all worked out thanks to the help of our awesome agent and LO. Never thought I'd be a home owner but here we are. Best of luck to anyone else buying in this wild market!

submitted by /u/redpotato59
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/156caek/we_just_closed_today_on_our_firsr_house_and/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

How to Avoid Property Scams in Delhi?

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...