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New Home (I Hope)

This is a discussion on New Home (I Hope) within the General Discussion forums, part of the Everything But Cigars category; Well we put on offer down on a new home (at least new to us, but built in 1957). what ...

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Old 02-28-2008, 10:30 AM   #1
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New Home (I Hope)

Well we put on offer down on a new home (at least new to us, but built in 1957). what is really nice is my wife's grandmother is only two houses away, so we can help her stay in her house longer, and my daughters can get to know their great-grandmother. The home needs work, but I may be able to finally have my man cave. The strange thing is, the house has two offers at the same time, which is hard to believe in this market. So we are actually competing for this house, while 1 in every 47 houses in Colorado are in foreclosure. Who would have known.

We will know tonight whether the offer was accepted, rejected or countered, so keep us in your prayers.

Matt
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Old 02-28-2008, 10:40 AM   #2
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Re: New Home (I Hope)

Prayers and Luck coming your way!!
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Old 02-28-2008, 10:53 AM   #3
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Re: New Home (I Hope)

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Prayers and Luck coming your way!!
Yep!
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Old 02-28-2008, 10:55 AM   #4
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Re: New Home (I Hope)

Good luck. I'll keep my fingers crossed for you.
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Old 02-28-2008, 02:13 PM   #5
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Re: New Home (I Hope)

Good luck!!
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Old 02-28-2008, 02:15 PM   #6
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Re: New Home (I Hope)

Keep us posted.
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Old 02-28-2008, 02:22 PM   #7
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Re: New Home (I Hope)

Good luck! A multiple offer situation can be tricky. I hope you get the house though.

Quote:
Originally Posted by mhailey View Post
The strange thing is, the house has two offers at the same time, which is hard to believe in this market. So we are actually competing for this house, while 1 in every 47 houses in Colorado are in foreclosure. Who would have known.
As a Realtor, I can tell you this is a common misconception. Home values are down almost everywhere in the country and some places have dipped far more than others. However, there are still plenty of people out there looking to buy because prices are lower and interest rates are still historically speaking low.

People are always moving. Life goes on. People have more kids and outgrow their home. Their kids move away and their home becomes too big. Divorce of course happens as well. People need to upsize/downsize/relocate for various reasons. People will always move and therefore buy/sell their homes.
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Old 02-28-2008, 02:34 PM   #8
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Re: New Home (I Hope)

Good luck and good vibes coming your way. I hope you get it
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Old 02-28-2008, 02:38 PM   #9
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Re: New Home (I Hope)

Good luck! I know the market in D-town is crazy right now...Let us know!
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Old 02-28-2008, 03:18 PM   #10
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Re: New Home (I Hope)

Good luck and it sounds like a perfect situation should your bid be accepted.
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Old 02-28-2008, 04:03 PM   #11
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Re: New Home (I Hope)

thanks fellas. I will keep you all posted. here is a photo of the front. No garage, but a big lot, and it is not the ticky tacky suburbian homes that are flooding the market.

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Old 02-28-2008, 05:02 PM   #12
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Re: New Home (I Hope)

Good Luck and Congrats!
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Old 02-28-2008, 09:24 PM   #13
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Re: New Home (I Hope)

Looks pretty sweet, good luck.
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Old 02-28-2008, 09:30 PM   #14
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Re: New Home (I Hope)

Good luck buddy. The wife and I are actually getting ready to build, but we have to sell our house first which is not fun at all. So, I know how stressful it is when playing the home buying game. Hang in there and the best of luck to you!
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Old 02-28-2008, 10:22 PM   #15
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Re: New Home (I Hope)

Wishing the best for you!
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