House Buying – the Offer

House hunting in the Bay Area is a bit insane. I have written about this in the past, but since today we lifted our contingencies, and in a mere 11 days we will get the keys to our “new” old house, I will write a few posts on the search.

I have already mentioned the coded language in the listings. How certain phrases imply some, uh, unsavory or unsettling aspects of the house or the neighborhood.

I have also mentioned how often by the time a new listing hits Trulia or Zillow, it has had several showings as the MLS listings are on the leading edge.

Pro Tip: yes, you can go hit open houses without an agent, but often you will be late to the bidding party. Get an agent, and get access to their portal. Totally worth it.

It is scary to place an offer. You count your pennies, you check to see what you can scavenge from every account you have, IRA, 401k, brokerage account, even your piggy bank and you make your best guess.

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