▲ 134 r/FirstTimeHomeBuyer
We found our dream home, on the market for a year with no offers. Got outbid within a day by a flood of offers. Sus.
We are first time homebuyers in South Florida, brutal market. Found a house that was a bit of a fixer upper but on a BIG plot of land. I genuinely felt the land was worth more by itself. Weirdly enough it had been on the market for a year with no offers.
We made our offer, they counter-offered, we ACCEPTED the counter offer, but then crickets on the purchase contract. Within a day, out of nowhere, multiple offers outbid us by 20-30k.
It was a foreclosed home that was being sold by a bank. Idk how any of this works, I'm wondering if someone at the bank told their investor buddies "hey some chump is about to buy some great land, make a quick offer". It hurts.
u/Foreskin_Paladin — 7 days ago