Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Thursday, April 8, 2021
Many buyers are feeling a bit overwhelmed by the prospect of trying to buy in the current CRAZY housing market. They find themselves asking...
- How much am I willing to spend above and beyond the asking price of this home?
- Am I willing to forego a home inspection in order to hopefully secure a contract on this house?
- If I'm paying $290K for this house and the appraisal comes in at $280K, should I care? Should I still buy the house?
- If there are five or more offers on any house where I make an offer, how long will it take for me to be the winning buyer on a house?
- How do I get excited, again, when making an offer on the 5th, 6th, 7th house? Should I even still believe it is possible for it to work out?
- This is madness. This is so frustrating. Why is buying a house so difficult!?
If you're trying to buy a house right now and you are having some (or all) of these thoughts -- you are not alone.
There are many reasons to persevere and to keep on pursuing that goal of buying a house -- and most buyers do seem to be doing that -- though there are also some buyers who are throwing in the towel.
Here's how that might look...
- I'll just rent for another year and hope that the market won't be as crazy another year from now.
- I'll buy a lot and build a home to avoid all of this competition for resale homes.
- I'll just stay where I am even though my current house isn't ideal for my family's needs.
It is times like these that I am thankful for all of the counseling classes I took while I was completing my graduate degree from JMU.
So, if you think you want to buy, but are are nervous wreck because of the hectic housing market -- feel free to reach out. I'm happy to meet with you to chat about the process and the market. We can call it a home buying meeting or a counseling session -- whichever makes you feel more comfortable. ;-)
