Home Buying Nightmare: Strikes 4 & 5

Posted December 4th, 2009 by jared

I'm starting to believe that we're not meant to own a home. We put in an offer on a home in Chandler earlier this week, but were outbid. So, we put in another offer on a Phoenix home yesterday and just found out that we were outbid again. Both offers were above the asking price. We are backups if their current buyers can't perform, but guess who's not holding his breath.

Hey look, they wrote an article about us:
Closing a deal in a desirable neighborhood can be hard to do. Many aspiring homeowners have lost out to all-cash bidders.

Tell me about it.

I am especially disappointed

On December 5th, 2009 sara says:

I am especially disappointed about the second house we lost this week. It was truly our fantasy house and there was only one other bid. It is easier when you lose and there are lots of bids or the bank starts a bidding war, but when the bank is playing fair and fast and you lose to one it really sucks. We bid for it really expecting not to get it, but thinking there would be tons of bids on it and that the bank would spend a week gathering bids. The bank took bids for less than 24 hours, refused investor bids, and this is brutal.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options