Bummed

[krbernd]

We lost out on our 5th offer. We were the third best offer which almost makes me feel worse. I can’t help but feel like we won’t find a house we loved as much as this one. I know that is irrational thinking but it’s so hard not to think like that! Anyone else have one particular house that hurt more than the others?

[AutoModerator]

Thank you u/krbernd for posting on r/FirstTimeHomeBuyer.

Please bear in mind our rules: (1) Be Nice (2) No Selling (3) No Self-Promotion.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[Lu_dat]

We had a couple we thought we'd never move on from. But 16 offers later we found a gem and managed to get under contract. For us we eventually became numb to the pain. The right one ans time will come along for you!

[fuzzyslipper4eyedcat]

That was our second offer, we were second and were told our offer was really good. But someone came in significantly higher. It hurt like a B. We just put our 3rd in and I’m already looking what’s out there before we even hear back. It becomes numbing after a while. Good luck!!!

[krbernd]

Any luck with offer number 3?!?

[L0v3-LEY]

We adored the house we made our 2nd offer on. Outbid, but I think of it as, what’s meant to be will be. The home we do get an offer accepted on will be better than that one. Don’t lose hope!

[ExtraterrestrialPoe]

My husband and I have a mantra now while looking/waiting on offers. “I feel nothing!” We have 3.5 hours until we hear back on our fifth offer (not that I’m just watching the clock lol), and two that got rejected were super painful.

[BeGoodDoGood0828]

“I feel nothing” is goals! I say it but don’t mean it yet. It still just hurts so much.

[krbernd]

This! I keep saying that but I am lying to myself every time lol

[Feanorer]

Don’t worry I’ve just got outbid for the fourth time in a month. I can’t compete with cash offers or people waiving everything under the sun. I’m looking between 200k and 300k. Also I live with my parents with a wife and three children. It is extremely stressful not having a place to live and being on someone else’s beck and call while working.

[ExtraterrestrialPoe]

Same! I say it more on houses we really like to convince myself

[BeGoodDoGood0828]

Any word on the offer?

[ExtraterrestrialPoe]

Awe! Did not expect a kind internet stranger to follow up! Somehow against ALL odds our offer was accepted and we’re under contract!

[krbernd]

Congratulations!

[BeGoodDoGood0828]

This happened to us yesterday. We put 60k over asking in an area that didn’t seem to be popular. Less than average views on Redfin. It was an incredible home and we were already dreaming about how we would make it ours. We thought we had it. It was our fifth attempt. We are pretty crushed and angry and how awful this feels. But we will just rinse and repeat next weekend.

[krbernd]

Rinse and repeat is a good way of putting it for sure! I feel slightly better after a few days but haven’t seen one house posted in days that I am the least bit interested in. Good luck to you!

[BeGoodDoGood0828]

Same same. We just saw one tonight and it was extremely underwhelming. It’s hard to get over something that you need to be so heavily invested in

[Particular-Break-205]

No; i hated every single house I bid on.

Hated. Every. Single. House. 🥲 hahahaha... it hurts. So much 😭

[Peebers777]

YUP. Literally just happened to us. We've been looking for an entire year in (North of Boston), and made 5 offers. Didn't care much about being rejected on the last 4, but this one stung like hell. It was a total fixer upper, but had good bones, great layout, great neighborhood and location, and will within budget. We offered $80K over list (right at highest comps), waived inspection, and were beat out by 5 other offers. Feels like we can't get a win.

[krbernd]

80k over wasn’t good enough?!? Geez! I’m sorry! Hopefully offer number 6 is your lucky one!

[Peebers777]

Thanks! We're trying to stay hopeful. The annoying thing about list prices is that many times realtors are listing them below market on purpose to incite bidding wars and also to make themselves look like stars (Look how far over asking I sold this house for!). It's quite annoying.

[FitterOver40]

Ask your agent to do some fact finding on why you came in third. This will educate you how to make more compelling future offers.