Home chat 1.0
Posted: Sat Apr 22, 2023 3:22 pm
Looks great!
Man oh Man.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
You know what the answer is.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
Yeah. We are staying near Philly to be closer to her parents. But I’m on board, this city feels pretty stale to me.golftdibrad1 wrote: ↑Mon Jun 26, 2023 2:49 pmYou know what the answer is.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
Leave Philly. Like the greater area. Knoxville has great bike trails.
Holy wow.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
The real estate market you are decribing is quite insane. It makes California look normal. $460K offer but you'll go up to $600K but that is still a hard no dawg? So what do you think the winning offer was?Johnny_P wrote: ↑Mon Jun 26, 2023 3:02 pmYeah. We are staying near Philly to be closer to her parents. But I’m on board, this city feels pretty stale to me.golftdibrad1 wrote: ↑Mon Jun 26, 2023 2:49 pm
You know what the answer is.
Leave Philly. Like the greater area. Knoxville has great bike trails.
Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
No clue. We will find out later once the sale is complete. But probably low $500k ish? I guess my escalation clause needed to be more aggressive so instead of $5k over next best offer it should have been what $15k?Desertbreh wrote: ↑Mon Jun 26, 2023 3:32 pmThe real estate market you are decribing is quite insane. It makes California look normal. $460K offer but you'll go up to $600K but that is still a hard no dawg? So what do you think the winning offer was?
I don't get it.Johnny_P wrote: ↑Mon Jun 26, 2023 3:44 pmNo clue. We will find out later once the sale is complete. But probably low $500k ish? I guess my escalation clause needed to be more aggressive so instead of $5k over next best offer it should have been what $15k?Desertbreh wrote: ↑Mon Jun 26, 2023 3:32 pm
The real estate market you are decribing is quite insane. It makes California look normal. $460K offer but you'll go up to $600K but that is still a hard no dawg? So what do you think the winning offer was?
DB said i dont get it... had to remove quote for server errors...
I just came, this is so fucked up. Almost got it locked and boom, always has to do to a cash buyer with god knows how they earned that money from.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
MexicanYarisTK wrote: ↑Thu Jun 29, 2023 11:36 pmI just came, this is so fucked up. Almost got it locked and boom, always has to do to a cash buyer with god knows how they earned that money from.Johnny_P wrote: ↑Mon Jun 26, 2023 2:22 pm So the latest in the JP leaves south Philly hell saga:
Put an offer on a house in the close suburbs. List was $450k. Offer was $460k with a $5k escalation clause up to (gulp) $600 fucking thousand. So a max of $150k over list. And we need a mortgage but are willing to cover, in cash, up to $100k discrepancy in appraisal result. Our mortgage is fully underwritten and comes with a $10k guarantee to the seller.
Didn’t get the house. Cash buyer got it at a lower price.
Fuck this.
Im not used to a more dead dfd where I had to settle for unread posts, also I barely come to this threadDesertbreh wrote: ↑Thu Jun 29, 2023 11:46 pmMexicanYarisTK wrote: ↑Thu Jun 29, 2023 11:36 pm
I just came, this is so fucked up. Almost got it locked and boom, always has to do to a cash buyer with god knows how they earned that money from.![]()
Desertbreh wrote: ↑Thu Jun 29, 2023 11:46 pmMexicanYarisTK wrote: ↑Thu Jun 29, 2023 11:36 pm
I just came, this is so fucked up. Almost got it locked and boom, always has to do to a cash buyer with god knows how they earned that money from.![]()
LOLDesertbreh wrote: ↑Thu Jun 29, 2023 11:46 pmMexicanYarisTK wrote: ↑Thu Jun 29, 2023 11:36 pm
I just came, this is so fucked up. Almost got it locked and boom, always has to do to a cash buyer with god knows how they earned that money from.![]()
That we are looking for a home and if you’re selling or know someone who is to please cal / email / consider us.
It wasn’t greatgolftdibrad1 wrote: ↑Mon Jul 17, 2023 8:20 amthat sounds like a ridiculous way to spend a saturday.