Rejected by Losers
So, remember that offer we put in on the first property we saw? The offer was low, but I consider that fair enough since the buildings have been neglected and were embarrassingly filthy, and also since the property has been on the market for five years. The owners countered by basically re-asking for their original price. Well, no, they took off a very, very minimal amount. The agent also told us they were quite firm at that price, which was tens of thousands of dollars away from both our original offer and the final amount we would be willing to spend on that particular property.
Now we know why the house has been on the market for so many years!
Alright then, moving on...
We're off to see two properties today. Now that we are no longer considering the first place we will be in the right frame of mind to carefully consider these next two candidates.
Wish us luck!
2 comments:
Good luck with these two properties... hopefully they will be both in better repair and offered for sale by more reasonable people ;)
Presenting offers is not fun. We know. Especially when all people involved know the asking amount is a carzy amount for the condition of the property. Good luck on the next ones! It is true that you learn quickly in this game!
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