I was kind of thinking it loud. I was in the market to buy one home, but not sure now. If I find the right property for the right price, I'll buy, if not then will continue renting. I saw this beautiful single family house 2800 sq ft in Agoura Hills asking only $2600 rent. I may just rent one like that.
Thank you all for your input. btw-I'm a "HE". - Tue Jun 10 2008, 15:04
1) Both the properties have been advertised for nearly 3 months and don't have leneder approval yet (as per the listing agent) and got the appraisal only this week. The listing agent says, she will sent the offers to the banks after she gets the lender approval which should be coming anytime now.
2) They listing agent is telling my agent that he/she has better offers and then my agent comes back to me and I make a higher offer.
So the bank is not involved yet. How do I know/confirm that the listing agent has better offer except to trust his/her word coming via my agent. I trust my agent but I'm getting little concerned that if she is being tricked by the listing agent.
Now my offers are higher than the last one sold and I've decided that it's enough. I'll keep you updated.
btw- May be it's not called "counter" as you have pointed out. May be called best offer but I've given multiple best offers on both properties. - Sat May 10 2008, 10:18
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.