Current Events > I accepted an offer on my house just hours after it hit the market

(+) Yeah! (+)

You guys that are saying to decline an offer over asking price with no inspection are delusional.

KalimariX8 posted...

You guys that are saying to decline an offer over asking price with no inspection are delusional.

its 5k over, idk, you gotta do what you gotta do though

VeggetaX posted...

They lean towards whatever helps them approve their loans to the customers. Right now declining an inspection helps buyers win the bid so that's what lenders are leaning towards I imagine. My realtor at the time told me if I wanted my house it's much better if I declined inspection which I did and got it.

Thanks. You would never get a mortgage here without a survey, as the lenders prioritise protecting their investment.

I think the best system is the Scottish one, where the seller is legally required to give a report to potential buyers that includes a survey (inspection).

The buyer is a state trooper, FWIW

You sold it to a cop? You're not gonna hear the end of it.

Board_hunter567 posted...

And people wonder why more houses aren't being built.

Yep, its all TCs fault for selling their house.

Congratulations! What state?

Euripides posted...

The buyer is a state trooper, FWIW

Probably the 3rd worst option. Only beaten by 'landlord' and 'pitbull'.

Cocytus posted...

Congratulations! What state?

Ohio

Sold it for nearly double what we paid in 2008. New house we bought is half of the selling price of old house, so no more mortgage

[LFAQs-redacted-quote]


In fact, it's not actually a thing at all

Congrats. In the process of selling my house. 12 hours after mine hit the market I had someone offer full price no inspection/appraisal. They hadn't actually seen the house yet which I guess is technically illegal to accept that offer?

Anyways, we have an open house today on it, so we're hoping there's other interest as well to potentially start some other bids over asking price, but either way I should be selling mine by the end of today/tomorrow as well.