Is this a competitive offer?

I’m a first time homer buyer with an FHA loan and in need of sellers assist.

I went to see a home that I fell in love with, they were asking 100k so I offered $106k with 6% sellers assist, thinking of I gave them what they asked for they’d accept it and not entertain any more showings. Well boy was I wrong, two other people have made offers and they are still showing it to 4 more people!

My realtor asked if I wanted to adjust my offer so we agreed at offering 115k with 6%sellers assist.

I’m already depressed because I feel like it won’t be enough, what do you guys think? 🥹 please don’t be mean I’ve never bought a house before and I am still learning about how it all works.

submitted by /u/Tattooed-bean
[link] [comments]

I’m a first time homer buyer with an FHA loan and in need of sellers assist. I went to see a home that I fell in love with, they were asking 100k so I offered $106k with 6% sellers assist, thinking of I gave them what they asked for they’d accept it and not entertain any more showings. Well boy was I wrong, two other people have made offers and they are still showing it to 4 more people! My realtor asked if I wanted to adjust my offer so we agreed at offering 115k with 6%sellers assist. I’m already depressed because I feel like it won’t be enough, what do you guys think? 🥹 please don’t be mean I’ve never bought a house before and I am still learning about how it all works. submitted by /u/Tattooed-bean [link] [comments]

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