Lost a bid on a house yesterday. Disappointed and tired of the ups and downs.š
I posted before on how I am under tremendous pressure to leave my longtime family home due to a difficult family situation with a verbally and emotionally abusive sibling. I am responsible for all of the bills, taxes and so on while still living here, but have yet to find another house after many months of searching.
My dad, with whom I lived in this house until he passed away last summer, left me enough money that within a certain budget and if I wanted to, I could purchase a home with an all-cash offer. I am extremely grateful for that. I know not every homebuyer has that opportunity and I am well aware that I was given an incredible gift. Iād much rather have my dad back than have any extra money, however.
Anyway, when I first started this process last November, I consulted a friendās mom who has been a realtor for 40-plus years and is someone I thought I could trust. She said she would do whatever she could to help me find a house and seemed genuinely willing to help.
I found a house right away that I really liked and that I wanted to see, but she would not get me a showing and said she didnāt want me to spend that much money on it. It was in a good neighborhood, in good condition and well within my budget ā and priced lower than many of the homes Iāve seen recently - and sold within a week. Iām angry that she wouldnāt get me a showing and donāt know why she wouldnāt. I didnāt know or think at the time that I could have just contacted the listing agent myself and gotten in to see it. I guess I figured my friendās mom knew what she was doing and that I should trust her.
Right after that, my friendās mom went on a three-week vacation and more or less dumped me on her younger associate. Neither one was terribly available or helpful over the next few months and kept sending me listings that were not what I wanted or wouldnāt get me in to see houses I did want to see. I had very few showings with the associate and she often was slow to respond when I wanted to see a house or tried to discourage me from seeing others. I feel I lost out on several good opportunities because of the lack of communication/availability on their part.
I finally gave up on them and ended up going with an older cousinās husband who is a realtor and happens to work for the same agency as my friendās mom and her associate. He has been exceedingly helpful and willing to take me to see whatever house I wanted to see, but Iāve found little in the way of potential homes since we started looking. There havenāt been a whole lot of options between āway too expensiveā and āneeds too much work.ā
I finally found a place a few weeks ago, but lost to a higher bidder. It was a great house, but it wasnāt meant to be.
Then, one listed in my current neighborhood this week, we toured it and I made a cash offer yesterday at full asking price even though it was at the very top of my budget. My cousin-in-law/agent also had me write a letter to the owner, who was I man I knew in passing from when my dog and I were our daily walks in the neighborhood.
I didnāt get the house. This time it was because the other buyer who was interested waived the inspection. My cousin-in-law said he would never recommend a client waive the inspection even if they didnāt plan to ask the seller for a credit or to make repairs.
So Iām back on the hunt and am feeling really down and discouraged. Iāve lost count of how many open houses and showings Iāve been to now and am so sick of looking. Add to that the continued pressure and harassment from my abusive older sibling and it is overwhelming. Renting would be an option for some people in my situation, but I have two large dogs and cannot seem to find a rental that would allow them. Most rental properties where I live do not allow pets or only allow one if it is under 30 pounds.
I realize how lucky I am to be able to make a cash offer, but even that doesnāt seem to be enough anymore. It seems every house is being snapped up by corporations, flippers and rich doctors with money to burn looking to add to their portfolio of rentals/Air B&Bs. There does not seem to be room for regular people just wanting to buy a home to live in.
Just feeling frustrated and like I am never going to find a new house. Iām also angry that I could possibly have avoided all these months of stress and grief had my friendās mom and her associate been more helpful. I couldāve bought that perfectly move-in ready first house and be living happily and stress-free now.š