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  1. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Yep that’s the subdivision we looked at. Felt it was way too much for what you got. That house is nice, but $750k nice? Nah
  2. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Yes has to be the same one. Pulte. We priced a 2600 sq/ft home there and it was near $550k after the lot was figured. Said no thanks.
  3. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Is this the neighborhood on the south side of Algonquin Rd right across from Boulder Ridge? Being built on old golf course?
  4. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Just checked the rates and if I were to have financed at current rates, my payment would be $750/month greater. I couldn't have timed selling my old house and building the new any better!
  5. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Details/pics! Congrats Matt.
  6. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    And we’re now renters! Final walk through and closing went down without a hitch.
  7. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Pre signed my closing docs earlier this week and closing for my current house is a week from today. Buyers had clear to close a good week ago. I'll be a renter one week from now...lol
  8. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Thats me. I literally just snuck in before all this madness and actually pulled 100k out of my current home to gut and remodel because we couldn't find a house we liked for under 500k. A last ditch effort by my realtor buddy finding a new build that we loved for a price we liked made us pull...
  9. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    I feel blessed that I locked at 3.69% Snapshot of Third Federals current rates for a 30 year.
  10. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Mortgage rates over 6% not scaring new buyers? I just calculated the difference in payment from what I locked in at, to what the current rates are at. My payment would be $475 higher per month just because of interesto_O
  11. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Had my appraisal done last night. Can't wait to see what it comes back as compared to what the contract is for.
  12. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    So in my case, we got like 16-17 offers in a couple days. I told my realtor that there would be a cutoff day/time and that we would review offers and decide on the best one for us. At the end of the night before, my realtor asked me if we wanted to start a bidding war and I told him I wanted to...
  13. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    That sucks man. I really feel bad for anyone trying to buy right now. Just had a coworker tell me her daughter is having an extremely hard time trying to buy a house and that she needs to be out of her current place by 5/1.
  14. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Little update on my current situation...home inspection went well nothing that buyers are going to even mention. Currently doing a Radon test that started yesterday. The lawyers are going back and forth, but the one thing I'm pretty pissed about is their appraisal gap addendum that the buyers...
  15. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Depending on area, even cookie cutter houses worth a damn will all be well over 400k. I'm building a cookie cutter house up in Lakemoor...its about 2,800sq/ft, base price was $368k when we signed the contract back in January and we ran the total up to $440k with options. Our same house now...
  16. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Yea something’s gotta give at this point. It has an eerie feel to it… Unfortunately this is true. The offers that were sent in with weaker type financing(FHA, 3-10% down) were not even considered by us. All three of my offers with escalation clauses had conventional financing, no...
  17. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Feds are meeting again in about 2.5 weeks. They will be raising rates again.
  18. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    Also forgot to add that even if the house does not appraise for what they’re paying, they are covering the cost no matter what.
  19. Jeffs FRC

    Better Homes OFFICIAL real estate bs discussion

    IMO I’d list as soon as possible because the rates are going up FAST and buyers are in swarm mode. They will pretty much agree to whatever the seller wants.
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