(Closed) House Buyers – How many houses have you seen?

posted 4 years ago in Home
Post # 3
Member
10454 posts
Sugar Beekeeper
  • Wedding: February 2014

We probably saw 25 before we bought ours. 

Post # 4
Member
1314 posts
Bumble bee
  • Wedding: September 2012

We have seen over 70 in over 2 years. We are picky, but there are many other issues. When we first started looking, we were ready to bid after maybe 40 houses. Well, our bid was accepted and we started the process. After 2 months of a proverbial anal cavity search, our loan didn’t go through because of a 50,000 truck that my then BF now DH consigned for. My husband was not paying any money on the truck, but for some reason when we got the original paperwork from the car dealership, the paperwork only showed my BF’s name on the truck. The owner, his cousin, was no where to be found on that paperwork. And if course his cousin lost the original paperwork, so we had no way of proving anything. My DH swears to this day that he sigh ex where it says Cosigner, and he says that is not his signature. Even after we gave the underwriters canceled checks of every single payment made on the truck showing that he cousin was the one paying, underwriting still said “no go”. The income to debt ratio was too high, and his dang cousin paid the car note late, so not only did that hurt it, it dropped my DH credit.

 

 

 

Fast forward a year and my husband got that bane of a truck out of his name, and after the wedding we started looking again. We looked at 30 give or take, wanted to bid on a few, but we were looking in a hot area, and I kid you not, the house would be in the market for 3 Days! At least 3 were snatched from under our noses. Well, I vowed to not let that happen, so I started getting updates on my phone with houses that met our criteria, found a house we liked that was on the market 1 day, saw it on the 2nd day, and put in a bid the 5th day. Oh, did I mention that this house had several offers??? Yep, after 5 days!!! Well, we submitted our best offer, and won the bid. Finally, we can relax right? Hell Naw! Now the real schitt storm begins. We are scheduled to close July 19th.

 

 

 

It has been a long and tedious process that I am so flipping over, but every time I come home and realize that we can hear what our neighbor is watching on tv, as well as each time he laughs at said TV…well, let’s just say our resolve gets a bit sturdier. Good luck to you OP, if you want to take a break from house hunting, do it and approach it later with renewed zeal. Honestly, our break was for the better because we started looking in an area where I have always wanted to live, and it’s so much closer to my family and friends. Right now, I am an hour away, but I am so ready to be closer to my loved ones! Not to mention, we got our bank account fatter! So OP, a break may be for the best, just don’t wait too long because the finance rate is unbeatable now. Maybe you can talk to am expert, and they will let you know how long this trend is projected to continue. Again, good luck to you both 🙂

 

 

 

Post # 5
Member
1314 posts
Bumble bee
  • Wedding: September 2012

So sorry for that long post! And I typed it from my temperamental azz, jump the gun auto correcting azz iPhone. So excuse any mistakes. 

Post # 6
Member
4442 posts
Honey bee
  • Wedding: January 2013 - Harbourfront Grand Hall

@CookieCreamCakes:  DH and I looked for about 2 months, saw 5 houses, spent coutless hours scrolling through listings online.

 

If we hadn’t found one in awhile I would have switched realtors and started only looking at newly listed houses.  We couldn’t up our budget or chagne the location we were shopping in so really what else is there to do!?

Post # 7
Member
2622 posts
Sugar bee
  • Wedding: November 1999

We had a weekend to buy a house (moving across country). The market was pretty fast moving and most of the houses on our list were under contract before we even got there. We saw 16  houses in 2 days in 1 town.

We had two houses we really liked and were going to view a second time the day after the first viewing. The first house was bought in cash before we could view it again less than 24 hours later.

We ended up getting the other house. Most likely because it had had a problem with the foundation which was fixed and it scared most buyers. We got the house for fair market value and had quite a few thorough inspections and we closed on it a couple weeks ago. We love it!

Sometimes its a matter of luck and timing to get a house in a quick market. Other times its a matter of having enough money. 

 

Post # 8
Member
2213 posts
Buzzing bee
  • Wedding: May 2014

Sorry you’re having such a frustrating time.  When I started looking, I thought house hunting would be fun; I was so wrong about that!  I know you said you felt like you were wasting everyone’s time, but I disagree:  you’ve put in offers on 5 houses!  It’s not that you are too picky, it’s that your market is making it really difficult to buy.

I looked at 40-50 before I put an offer in on on, which was accepted.  The sellers were pretty motivated, since they were moving into the new house they had purchased shortly after I made my offer, and there were no other offers. (this was about 2.5 years ago)

Definitely can’t get a good house for under 100K around here, though…but our market is not too far off from that.  You can get a pretty good one for under 200K.  My house was the cheapest one I found, and the best kept up.  At my price range I had to look at a ton of houses before I found one that didn’t smell funky or have a super weird layout!

Post # 9
Member
3462 posts
Sugar bee
  • Wedding: May 2012

Looked at 40-50, bid on and won 1 house, walked away after inspection.  We’ve been taking a break, we’ll get back to it in a bit.

Post # 10
Member
7312 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

We live in Maryland, so trust me when I tell you that your SIL’s experience was unusual. We looked at 60+ houses in person over our 18 month house hunting experience. We finally closed on a house (our 4th contract) paying more than asking price and paying all closing costs and waiving certain inspections. We were under contract on this house 7 days after it went on the market, and the seller had already rejected 2 other offers before ours.

All of our friends who have bought within the last 2 years have looked at 25+ houses and spent at least 3 months house hunting before securing a contract that actually closed. The market is tight. Inventory in my zipcode is down 13% from this time last year, and prices are up. Just keep going. You’ll find the right house eventually.

 

Post # 11
Member
287 posts
Helper bee
  • Wedding: April 2012

We looked at 18 homes in a span of 2 months. We just closed on it this past Friday May 31 🙂 We are thrilled!

Post # 12
Member
672 posts
Busy bee
  • Wedding: November 2012

We looked at a ton of homes on line but physically only ended up looking at 3 and bought the 3rd house. Its strange here, some really nice houses are on the market forever but some go in just a few days!

Post # 13
Member
100 posts
Blushing bee
  • Wedding: August 2013

We looked at a ton online and then we saw 12 houses in person before we found the right one.

Post # 14
Member
13 posts
Newbee
  • Wedding: June 2013

@Lovekiss I think it depends where in Maryland you are. We are in MD as well and looked at 5 houses, 3 on the first day. We were outbid on the first one we saw, and only saw the other two because we felt like we had to look at more. The last two we saw were in the same neighborhood as the one we put an offer on. We just really loved it. It was a short sale though, so it took forever! Our offer was accepted June 15, and we closed October 25, and didn’t know we were actually closing until we walked into the lawyer’s office! Good luck in your search!

Post # 15
Member
2905 posts
Sugar bee
  • Wedding: March 2014

The same exact thing happens in my neck of the woods except the apartments are $500k minimum (2 bedroom shit boxes) It’s not unusual for people to offer $50k + over the asking price. It’s ridiculous and very disheartening. 

Something horrible I’m noticing is estate agents advertising a place for around $600k at auction but it will sell for over $700k. It pisses me off as they are clearly trying to drum up unfair interest to push the price higher. It’s a cruel game. 

 

 

 

Post # 16
Member
1181 posts
Bumble bee
  • Wedding: August 2013

we’ve started looking about 2 months ago, and we’ve looked at about 10 houses and we think we’re just going to upgrade what we’ve got. The real estate market is crazy in Toronto!

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