Current Events > I made an offer to buy a house but someone out-bid me

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Veggeta_MAX
05/01/22 9:14:12 PM
#1:


I live in the Midwest. Saw a house I really liked listed at 172000. I made an offer for it for 186000. That's 14k more than its listed but my realtor just texted me and said the seller of the house took someone else's offer, implying someone made a bigger offer than I did. Shit sucks but oh well.

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googs19
05/01/22 9:16:25 PM
#2:


That sure sounds like the housing market right now...
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#3
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Payzmaykr
05/01/22 9:32:49 PM
#4:


Sorry, man. If it makes you feel any less bad, youre basically not going to find a remotely decent house for less than $400k where I am. It still sucks that someone bought it out from underneath you.

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No_U_L7
05/01/22 9:38:25 PM
#5:


damn, that entire house barely costs more than the cost of my down payment...

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Veggeta_MAX
05/01/22 9:54:11 PM
#6:


Payzmaykr posted...
Sorry, man. If it makes you feel any less bad, youre basically not going to find a remotely decent house for less than $400k where I am. It still sucks that someone bought it out from underneath you.
All good. Knew this was most likely to happen. When I went to go look at the house there was a line of people tryna look at it as well. Competition is rough out here.

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Tyranthraxus
05/01/22 9:55:51 PM
#7:


The house I bought for 176 was appraised at 312 last week by the county for tax purposes.

I'm thinking about selling in anticipation of a bubble bust.

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Veggeta_MAX
05/01/22 9:56:38 PM
#8:


Tyranthraxus posted...
The house I bought for 176 was appraised at 312 last week by the county for tax purposes.

I'm thinking about selling in anticipation of a bubble bust.
Oh man do it. Some dude will pay you even more than it's worth.

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