(Closed) Anyone else want to cry when shopping for a home?

posted 8 years ago in Home
Post # 3
4385 posts
Honey bee
  • Wedding: May 2011

I’m sorry you’re so frustrated. I felt like crying most of the time we were looking for a house, but for different reasons. I kept getting excited about homes that ended up being a total disappointment. We finally ended up going with a new build.

Just keep on going, it’s definitely worth it in the end! I’ll keep my fingers crossed you find something you love and “win” very soon πŸ™‚

Post # 4
2703 posts
Sugar bee
  • Wedding: September 2010

i totally understand what you’re going through! it really is a stressful time (even in this “buyer’s market”)

where are you located?? we are in MICHIGAN! one of the worst real estate markets and last summer (between april-july) we looked at over 75+ houses in person, and went through at least 5 or 6 lost deals before we found our home πŸ™‚

honestly, it does wear on you, giving up your free time on weekends, but keep the hunt going! you WILL find the PERFECT house!

we found ours on the day that we woke up saying “if we don’t find one today, let’s scrap the tax credit, and look next year”…!!!


good luck!

Post # 5
14186 posts
Honey Beekeeper
  • Wedding: June 2009

Give it time. House-buying is a pain in the rear. More stressful and disappointing than anything in my life!

Can you expand your area so you aren’t in SUCH a desirable neighborhood?

Post # 7
6010 posts
Bee Keeper
  • Wedding: May 2009

Have you been viewing online MLS listings?  My husband and I found both of our houses through the local MLS listings, not through a realtor.  One good thing about it is that you can view 100+ houses in one weekend without having to drive out to all of them in person.  Once you find a couple you like, you can go see them in person, but it gives you a huge selection to pick from.

Also, I totally understand expensive areas.  πŸ™  A new three bedroom, two bath house around here is still well over 400k, which is out of our budget.  We looked for foreclosures and short sales, and ended up with a real deal.  Our house is a three bedroom, three bath, and while it needs work (and a garage built) we only paid half of what it’s worth thanks to it being a foreclosure.  Good luck!  I know it can be frustrating at times, but you’ll find something if you just stick with it!  πŸ™‚

Post # 9
6010 posts
Bee Keeper
  • Wedding: May 2009

It’s nice to have an inside connection!  And I totally feel ya about ridiculously high home prices.  I wish you luck in your search, too.  πŸ™‚  Keep looking; you’ll find something!

Post # 10
1145 posts
Bumble bee
  • Wedding: October 2000

I know, Girl. It’s ok. When finances, emotions and huge lifechanging decisions come up…it’s a good time for a cry.

We could have been like that. Here are some options you could try:

~find a good website to spot the MLS listings before your realtor. We had a good realtor but we found things on our own too. Usually better or more fitted for us.

~take a break for a few weeks and only go a few hours at a time

~scour one neighborhood or two close ones in a systematic way at a time

~make lists of what you like and don’t like after each house so you can remember and narrow things down when  you analyze objectively at home or on the go.

Be open. We ended up buying a place completely different than the first house we bid on and are totally happy. Darling Husband and i took turns planning weekends (only one day per weekend for a few hours) and the house we bought was supposed to just be a ‘warm up’ to look at for the day and was pretty ugly from the curb and farther from the main city (but not our works) than we thought.  All these surprise plusses were found in this house (big yard, mangos, huge oceanviewing room)  that we never thought about.

We started looking at the bottom of our price range and then went up  to 60K more in our budget but bargained back down 15k from the price. And yes, we had to snatch our house up right off of the opening weekend so it helps to know what we want and discuss it during the day.

We went back to the same house twice in one day (at the beginning of our looking and after) so that we could put a bid in two days later and show the sellers we were serious.

~Pray for timing..be patient…don’t get stuck on one house just b/c you think it’s supposed to be the one. It’s out there!  I was very discouraged after our first bid for the house that I thought was ‘the one’ didn’t get a response but it turns out, it never really went up for (short) sale. Our house we got is waaaaay better.

Post # 11
236 posts
Helper bee
  • Wedding: July 2010

Sometimes you can get a jump on the foreclosures by following the newspaper postings. You can tell if they are in your desired neighborhood – and watch for them to come up months later if the bank is willing to put it back on the market. I don’t know if that will help an April deadline for the homebuyer credit, if that is what you are going for, but I thought I would throw it out there. When making an offer, do you have access to the county records so you know when and for how much the house was foreclosed on so you have an idea of what the minimum the bank wants? I did this formula: Foreclosed price (what was owed to the bank, NOT what the bank took and paid itself at the Sherrifs sale), plus 6-8% of realtor fees, plus 5-10% depending on how long it’s been on the market/how much lipstick the house looks like it’s had put on after the original owner trashed it.

For ex: Foreclosed price = $150k. Realtor fees on that would be $10.5k. Maybe it was totally trashed and they had to pull in a contractor and it hasn’t been on the market a long time so they are super hopeful, that would be another $20k. So total that is 180.5k. But the bank will list it at 160k in hopes of starting a bidding war, right? Go 3k above a true estimate (but never above what you really think it will be appraised for) and you might have some luck.

Also, what about short sales? That is what we ended up doing and it really worked out well. If you get a trusted realtor you can put an “any reason” clause in your offer and you can pull out at any time, for any reason.

Post # 12
37 posts
  • Wedding: May 2010

OMg that’s crazy the housing prices up north. I’m down South and we just got our bid accepted on the first day showing for 7k less than asking price. We are not even paying all the closing. For 400k we’d be living in a mansion. As is we got a 1800 sf in a super nice area for less than 140k. Maybe you guys should move down here since there are TONS of houses/land for good deals.

Post # 13
3125 posts
Sugar bee
  • Wedding: December 2009

Have you been doing all of your house hunting in a time machine? Our area has so much excess inventory that i cannot empathize with you. I’ll sell you our house, if you want to live in FL πŸ˜‰

Post # 14
1526 posts
Bumble bee
  • Wedding: August 2010

Holy cow! I cant believe you are having this kind of luck. Houses in this area are nothing like that, sellers are willing to take like 30k under there asking price. Man I really hope things turn around very soon for you. Not saying you will but be careful if you do get a house, make sure its one you want and your not over paying. You dont wanna pay tons for a house that you really dont even like.

Post # 16
631 posts
Busy bee

I want to cry because it’s just so overwhelming!!  I am so busy at work and househunting just seems like such a huge commitment right now!  Sigh…

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