Hello BG, I have read all the posts, I am a Real Estate Broker in Ca, and I see this all the time, It is my thought that when you find something that you love and it makes financial sense dont screw around, buy the property and get busy doing what you do. I want to know why you waited for someone else to come along and out bid you, all that has done is now caused you to doubt everything and everyone. You should have gone with the 300k from the start and you would not be going through all this now, you probably would be closed and on your way. As a Real Estate Broker, buyers always question our motives, just like Attorneys, but if you trust the agent and he or she tells you this is what you have to do to get what you want, all you have to do is decide, remember there is a reason we do this for a living. This is not the easiest career, and if the person has been the business for a while there is a reason for it.
Good Luck
Brooke Bailey
Originally posted by B G:
no news on this property, the realtor said he'd call me after xmas...i still want the property but wont go any higher than $300K...have i fallen in love w/ it?...i dont know...i do know at $300 it still makes damn good cash flow...
the property is still marked active and not UA yet...but i have a hunch its going to be foreclosed on
im also not worried about having an empty apartment, thats part of the game...in my market i can fill these 3 or 4 bedrooms in this neighborhood very fast even in the winter, they are way above average units...
if i can get it at $300K- great if not o well...im not planning on getting this one, bc there is another (supposedly) offer that is higher...there is a chance the realtor was pulling one on me, but from the start i said i'd go to $300K, therefore i started at $270K