(Closed) First Time Buyer: How many homes did you tour before buying?

posted 4 years ago in Home
Post # 61
Member
316 posts
Helper bee
  • Wedding: May 2014

We got super lucky. Like another bee on here, we’re in Seattle, which has a crazy real estate market right now. We toured maybe 15-20 houses and fell in love with one that was newly remodeled/new construction (an entire 2nd floor added), and in the city. We didn’t have a cash offer like so many people are bidding now, would not give up our right to an inspection, only 15% down, etc… but we still somehow got the house – our very first offer! 

I’m glad that we made the offer when we did – similar new constructions/full remodels are going for $200-400k more than what we bought ours at 9 months ago!

Post # 62
Member
7352 posts
Busy Beekeeper
  • Wedding: September 2012

View original reply
larissakay :  One thing I can tell you, is everything happens for a reason. The house hunting process is so stressful, especially as first time buyer. It’s really easy to get caught up in the emotional side of “losing” out on a house because it feels like you’ll never find one.

I remember being SO upset when we lost out on a house we loved. It was FSBO and we saw it 2 or 3 times, took my dad back and DH’s aunt (who is a realtor). We told the owners that we were VERY interested and wanted to talk a few things over but to please let us know if they had any other serious interest. The day DH called them to make an offer we learned they’d already accepted an offer from their friends. We were SOOOO upset. It ended up being such a blessing. We weren’t in a rush, so we kept looking. We found our house about 2 years later. We ended up paying the same price they were asking, and got a much nicer house in a much better location. The house we missed out on was 1,000sqft smaller than ours, had no garage, and was in just an ok location.

 

 

Post # 63
Member
346 posts
Helper bee

DC is hot market. We probably saw 10 condo/ townhomes over the span of 2-3 weeks. We went out with our realtor two weekends (saw 3 homes each time) and then decided to go out on our own on a Sunday. We found our place on a Sunday, re-visited on Monday to test the commute and put the offer in on Friday. We feel a bit robbed of our home buying experience, so we check redfin to see if anything interesting comes up. We definitely made a smart decision!

Post # 64
Member
14 posts
Newbee
  • Wedding: September 2013

View original reply
larissakay :  I saw about 5, and narrowed it down and then showed my husband the two I liked. It was probably over a month or two. 

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