All Topics / The Treasure Chest / You’re all too quick for me
Well, so much for finding properties I’m sure you’re all managing to purchase just before me.
It seems everytime I make enquiries the properties have just sold.
I’ll keep trying and maybe a few might eventually come my way.
Good Luck to us all. []
Keep trying MissLily! Just a couple of weeks ago, I was looking at a decent townhouse which I decided to put in an offer for. I did my research and found that the exact same townhouse next door was recently sold a few months ago, and decided to use that as a benchmark (which incidentally was $50,000 less than the asking price on the one I wanted to buy). I called up the agent and guess what? Someone had jumped in on the first day the townhouse hit the market, and offered to pay the asking price!
While I was disappointed on missing out on it, there was ABSOLUTELY no way I would have been willing to pay the asking price, or without being able to do any due diligence, for that matter.
Anyway, all I’m saying is that while you do need to be quick, due diligence, which takes time, is still important. Don’t blindly jump the gun unless you’re quite sure you’re not paying too much.
Cheers
M
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