- 7 years ago
- Wedding: September 2012
@Rubbs: we found that the houses we wanted were all getting bid-up in multiple bid situations. For example, we bid over list price on a home that was $10k over our budget already. We got into a bidding war and backed out. A few months later we find out that the person who got the house actually paid $15k UNDER list price ($5k under our budget). The appraisal determined the actual sale price. We also found that a lot of houses that were on our budget or close to it were actually short sales.