Housing Update
Thursday, July 28th, 2005So, still haven’t heard back from the place I mentioned last post. They’re going to be reviewing offers today at 8pm and will let us know tomorrow. They said they will definitely counter, so I figured might as well keep the line in the water & keep looking.
With that, I found another place, just a stones throw away & yes, this time I took photos:
http://www.wdr1.com/gallery/album09
By total coincidence, their asking price is the same as the townhouse. The area is roughly the same, meaning I have to decide do I want a 1940s 3/1 house (roughly 1,000 sqft on 6,800 sqft lot) or a 1980s 1,70 sqft 3/3 townhouse?
Advice is welcome.
Update: So I decided to not only pass on the house, but houses in general. A house would be nicer from an investment point of view, but I realized, I just wouldn’t be as happy there. And this is more about where I want to live than an investment. I’m going to live there for 2-3 years at least, so being happy with it is the most important.
On the townhouse front, they came back yesterday with an counter reducing their price just a tiny bit, so I countered back going up just a tiny bit. A fair size gap still separates us in price. The seller’s agent let my agent know that they would review the counter today and that there was an offer in higher than mine. This mythical Other Offer has been out there from the beginning, but we both doubt it’s actually there. Hopefully, we’ll find out soon enough.
8/1 Update: Looks like there actually was another offer and apparently better than mine. In a nutshell, “no townhouse for you”!
