Originally posted by kaiserz Oh wow! What happened? even though you offered more than the asking price? wow... well I guess 5 years ago leesburg wasn't even on the map yet hehe
It was right about the time when the housing bubble burst. The house came up on the market for about 50k lower than we thought it would (we knew it was about to be listed, inside info from someone who lived in the neighborhood). Anyway, we offered about 10k above their asking price, but there were two other offers, one of which was for 50k above asking. The irony is that if they had priced the house 50k higher, we probably would have offered that amount as that's what we thought the house was worth, but at the time I didn't think we'd have to offer 50k above asking to get it. Oh well.
It worked out for the best as it turns out my wife told me
after that she didn't really want to move to VA (we were in MD at the time). I told her next time that was information that would have been helpful to know before putting a 700k offer on a house