We are currently in the process of trying to buy a house. They have accepted our offer and we’ve had the maintenance inspection. Nothing crazy popped up and most of it seems easily reparable. I’m just worried that the value of the house (thanks inflation!) Isn’t going to match up with our offer price and we end up losing out on the house.
It’s in great condition, smart appliances, real hardwoods, real tile floors, finished basement, double garage, giant back yard, the works!
No evidence of leaking, but some minor roof fixes will need to be done.
Anyways, what have your outcomes been? I’m pretty nervous about it. Doesn’t help that we are first time home buyers 😳
Also, comps in the area vary wildly. Some as low as 220k (still super high IMO) all the way up to 650k. Our offer was 325k. The homes that are less than this one don’t even compare due to the amount of remodeling that has been done plus location. Homes cheaper are in trashier locations with dated kitchens and bathrooms and unfinished basements/ no yards.