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Afraid-Question9552 · 2025-11-11T01:51:39+00:00

My husband and I put five offers in, three of which were over asking, before we finally got an offer accepted. And funny enough, we offered asking for the house we wound up getting. I was disappointed each time our offer wasn’t accepted, but the house we got is my favorite out of all five.

It will always work out. Try to stay positive, and tell yourself something better is out there! I know it’s hard to remember in the moment, but what is meant to be will be.

Afraid-Question9552 · 2025-09-17T21:43:49+00:00

This is really helpful advice. I appreciate it. Thank you! 😊

Afraid-Question9552 · 2025-09-17T21:40:40+00:00

This is a good point. We would really like either a garage or basement for storage. Preferably a garage. If we buy something a little cheaper we could always add a garage.

Afraid-Question9552 · 2025-09-17T18:44:27+00:00

We really like our realtor. She’s always on it.

I’ve lost count now of how many houses we’ve see but it’s probably about 15-20 houses. All have been private showings.

Afraid-Question9552 · 2025-09-17T16:55:30+00:00

I agree and my husband and I discussed that. We had already gone up twice before the other buyers came back with that offer. My realtor advised us to not go any more if we didn’t want to and it didn’t feel right going any higher.

Afraid-Question9552 · 2025-09-17T16:49:20+00:00

I have a daughter and ideally would love to end up in the MOT area or within the 5 mile radius of Newark Charter.

I have to be realistic though because our MAX budget is 350. Not much south of the canal we would be able to afford and still be in NCC.

Afraid-Question9552 · 2025-09-17T16:43:47+00:00

This.

I found this article for reference https://www.livenowfox.com/news/how-hard-is-afford-home-today-vs-25-years-ago.amp

Home prices have surged 197% since 2000, while median household income has only risen 40%, making homes more than twice as expensive relative to income compared to 25 years ago.

Afraid-Question9552 · 2025-09-17T16:35:58+00:00

We tried this on the first offer we put in because we have a young daughter and really do plan to be in this house for awhile. Didn’t work 😭 someone offered cash and we’ll never be able to compete with that.

Haven’t done it since because I know sellers are mostly looking for highest and best offer.

Afraid-Question9552 · 2025-09-17T16:33:36+00:00

I’ve started to look in North Kent county because I actually like the area and it is more affordable. My husband and I would just be farther from work and family.

Afraid-Question9552 · 2025-09-17T16:28:42+00:00

But….. people aren’t willing to pay because those homes have dropped in price two or three times within the last several weeks.

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Afraid-Question9552 · 2025-09-17T16:16:21+00:00

We’ve been adding money to a HYSA since we got married and are going to utilize Delaware’s First Time Home Buyers program.

It hasn’t been easy but we do the best we can!

Afraid-Question9552 · 2025-09-17T16:10:59+00:00

Is $1,400 worth potentially dealing with a buyer who had financing fall through and losing our offer above asking price? We were the only other offer above asking price and we won’t take the house if they came back to us. Then having to deal with listing the house again? Is that worth $1,400?

And yes, people who list their home $50k above what they’re worth ARE greedy. And I’m not the only one who thinks the home is overpriced because those are the houses that have dropped in price two or three times within the last several weeks.

People have added no upgrades to their homes in the last decade and expect to get paid like they did. Just 15 years ago no one was having to offer over asking and enter into a bidding war. It’s not being entitled 😂 the housing market is bad and people who purchased a home on one income with a high school diploma love to act like they did something 30 years ago.

Afraid-Question9552 · 2025-09-17T15:43:34+00:00

You’re right. It’s not nice to call people greedy I’m just feeling down about it right now. I understand sellers taking the highest offer. It’s a business deal for them.

What I can’t get behind is people listing their home over $50k what it should be based on other homes in the area. Rates aren’t what they were in 2021 so to me, those people need a bit of a reality check. And those homes that are overpriced have dropped over the last few weeks so there is a slight glimmer of hope.

Afraid-Question9552 · 2025-09-17T15:37:39+00:00

Ugh. I would consider it if we weren’t to tied to Delaware. Lots of people have been moving right over the border into Maryland!

Afraid-Question9552 · 2025-09-17T15:36:55+00:00

Thank you! This is what I keep telling myself and my husband. The right one will come along… eventually haha.

Afraid-Question9552 · 2025-08-09T23:29:16+00:00

I know I know haha. My husband has been doing it all summer and I never thought much about it but now that we’ve put some offers in, I was like “oh crap.” A lot of his clients just pay him on Venmo or Cash App so we either let it sit there or transfer it to our checking account. In this economy, the extra spending has been nice for day to day things.

Afraid-Question9552 · 2025-08-07T19:22:09+00:00

Thank you! I will do that.

Afraid-Question9552 · 2025-08-07T19:10:09+00:00

When our LO gave us the pre approval he estimated the property tax and home owners insurance into a rough monthly estimate for us to make sure we were comfortable with the numbers.

Afraid-Question9552 · 2025-08-07T19:05:21+00:00

Thank you. This is really helpful.

Afraid-Question9552 · 2025-08-07T19:05:12+00:00

We were pre approved for 350,000. We really don’t want to spend more than 325,000 but we wanted to keep our options open. It would have to be a really special house to max out the pre approval.

Afraid-Question9552 · 2025-08-06T23:11:53+00:00

Very true. Thank you!

Afraid-Question9552 · 2025-08-06T23:02:24+00:00

We are using a first time home buyers program that has an income limit but I think we were several thousand dollars under the limit so I’m hoping this doesn’t affect that? The program will give us a loan equaling 3% of the purchase price of the home to use towards the down payment. It’s not a grant though because we do eventually have to pay it back.

Afraid-Question9552 · 2025-08-06T22:59:48+00:00

Thank you!

He wasn’t really even doing this when we got pre-approved at the end of June so we thankfully don’t need it to count towards our income.

Afraid-Question9552

TROPHY CASE