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Updated about 9 years ago on . Most recent reply
Lost our first bid
After three months of not much coming on the market, a sweet property came on the MLS on Thursday before MLK. We went to see it on Friday, put in a bid on Saturday, and were told on Monday that we didn't get it (believe the winner went in with more $ down).
It was priced very low (probably $25k below market) so we knew it would move.
The search continues!
Most Popular Reply
That's basically the name of the game. If your first offer on a house was accepted then you're probably paying too much. Some investors on this board will even do hundred's of low ball offers on different homes in hopes that one of them will be accepted. Don't just look at the under priced homes. If a house is over priced and been on the market for a while you might get lucky with a low offer on it. It all depends on the state of mind of the seller.