We will see if @wuqijun is right on getting a deal on a house with a problem. The house has a roof top deck over the garage. It has some drainage/leakage issues. I think that scared away other buyers. It shouldn’t be a huge issue, since it’s not causing harm in the actual house. It will still need repaired. The sellers discounted the list price, but it sat for 14 days with no offers. It’s cheaper than similar age homes that are 1,200 sq ft smaller.
First bid was a little under asking. They countered asking price and free rent back. My agent squashed free rent back, and countered with a later closing date. That’s better, since this lease ends on 9/17. It’s less time of paying for both. It’ll be 20-30 min commute.
@Jil would love the 10,000+ sq ft lot. I wish the lot was flatter, but it’s still a ton of space.
I ended up checking out a ton of areas around Seattle. If people are thinking of investing and have questions, then fire away.
Can you move in, park on the street and get the leak fixed slowly? Asking because if you can do it in Sep/Oct, when contractors will be done serving the summer customers, you could get it repaired for cheaper. On the other hand, will it rain more in Sep/Oct?
It rains a lot more here than in CA. I don’t want to wait and have the problem get bigger. If it was CA, then I’d agree. It’d wait until fall since it never rains in summer.
I’d say seriously looking for about a month. I’ve been to an average of 15 open houses each of the last 3 weekends. Once I realized the ferry commute from Bainbridge was realistically an hour door-to-door, I had to start over.
I was surprised how few people are at most open houses. My realtor says there’s been a lot less buyer traffic the last 4-5 weeks. I think that’s normal when prices jump so fast. People get priced out of the neighborhood they want, then they have to regroup and dedide where to focus next. He said things still sell quick but with 1-2 offers vs the 5-8 offers a few months ago.
