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View Full Version : Over bid on houses?


Joeyboy
09-25-2021, 09:59 AM
I am really getting frustrated trying to buy a home in The Villages! We have a good realtor we are working with and we go to open houses, but EVERY home we try to buy is either taking offers for 3-4 days or already sold. Why do they list a home at $310,000 and we offer $315,000 the realtor calls the owner and is told that they already have higher offer? What happened to the days of honesty and integrity when a full price offer was acceptable? I am losing interest in TV because of this and am disgusted with the bidding wars now taking place. I hope the economy tanks (which is on its way) and maybe these "premium properties" will tumble also.

Decadeofdave
09-26-2021, 07:26 PM
This insanity you describe is also prevalent at lakefront properties up north. There is a lot of excess cash to spend. IMHO not a good time to buy big ticket items. Houses, cars, boats and other toys. Patience is a virtue.