All Forum Posts by: Justen Ashcraft

9% plus concessions on the Dorset day of sale is laughable. We’re under contract for full list, with a cash buyer. We will be paying for a 1 year home warranty ~$540, and a termite letter(free)

The subdivision is within a mile of multiple new medical buildings, some still being built. Also multiple new restaurants and entertainment facilities including Starbucks and chic-fil-a. The price appreciation is amazing. It’s not a bubble, just a developing market.

I guess I did take it personally. Foolish mistake. I’ll brush it off. Likely because my wife and I were living there when we were married. Sentimental attachment that I need to **** down. Thanks for letting me vent.

https://www.zillow.com/homedetails/6945-White-Walnut-Way-Braselton-GA-30517/83343927_zpid/?view=public

We countered at 165 and they came back with 160 plus concessions as their final. I laughed.

If ALL things are equal, I agree a cash offer is better. It’s also better if they can close faster. In my area home values are rising rapidly. A lot, greater than 50%, of the properties are going under contract with multiple offers over asking on the second or third day. This is why I feel lowballed with their offer. I doubt that they know that I know the game, and that’s fine. It just makes me laugh and want to rant.

Taking a $10k hit versus a couple grand in holding costs is a big spread. We’ve sold some things in the past and most come with a prequel letter qualifying for more than our asking price. Coming with a lowball offer is one thing, coming with a low ball offer and asking for multiple(expensive) concessions is another.

Sometimes I think people actually believe the buyer is walking in with a briefcase of cash :(. If that’s what some of you think, please do some research .

As I mentioned, a cash offer is no better than a bank financed offer in our situation.

In my opinion a cash offer isn’t any better than financing. It will appraise without issue, and they weren’t going to close any sooner than our full price conventional mortgage offer.