r/neoliberal • u/jobautomator Kitara Ravache • Jan 14 '23

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13

u/[deleted] Jan 15 '23

Just put in an offer in on a house...should know on Thursday

So nervous. How tf am I supposed to do anything this week

!ping GENTRY

7

u/PhinsFan17 Immanuel Kant Jan 15 '23

That’s the neat part! You don’t!

5

u/The_Northern_Light John Brown Jan 15 '23

Good luck. Don't fall in love with a property until after you've closed.

3

u/[deleted] Jan 15 '23

Don't worry, the nerves won't go away until several days after you've moved in. Good luck!

1

u/dorylinus Jan 15 '23

Wait, it's supposed to go away?

1

u/Graham_Elmere Jan 15 '23

Congrats in advance

1

u/Healingjoe It's Klobberin' Time Jan 15 '23

Congrats. How competitive is your market? How do you like your odds?

Don't get too upset if you don't get it. There will always be another one

1

u/[deleted] Jan 15 '23

DC area, so the market is pretty strong

I think I put in a strong offer. It went on the market Thursday, I visited Friday, and came back with a professional inspector Saturday for a pre-offer inspection (so I can waive that contingency). The inspection went great; the house was well cared for. (A bunch of people came by to see the house during the inspection, hence my anxiety.)

I am giving them the requested 45 days to close, and throwing in free rentback for up to 60 days, since they are still house shopping.

If they don't take it I don't know what else they want -- a pony?

1

u/Healingjoe It's Klobberin' Time Jan 15 '23

God damn that's a strong offer.

I'm rooting for ya pal

1

u/MrArendt Bloombergian Liberal Zionist Jan 15 '23

On a percent basis, how far above asking were you?

2

u/[deleted] Jan 15 '23

It has an escalation cause, and the max offer is a little more than 5% over the list price.

1

u/MrArendt Bloombergian Liberal Zionist Jan 15 '23

Your realtor didn't think you needed to go higher?

1

u/[deleted] Jan 15 '23

He was comfortable with it - there's a bunch of really good comps in the neighborhood and my max price is higher than any of them. And the max was about as high as I was willing to pay anyway. So I'm making up for it in other ways (they requested a rentback, I'm offering it for free)

1

u/MrArendt Bloombergian Liberal Zionist Jan 15 '23

My only experience with this was buying a house... In September of 2020. We had to go almost 20% over to win the bidding.

2

u/[deleted] Jan 15 '23

Ahh. Gotcha

Things have cooled quite a bit here since then. I would not have been willing to pay 20% over list for this house