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Thread: Writing a letter to "win" a house

  1. #31
    Senior Member
    Join Date
    Jan 2011
    Posts
    5,478
    We have considered renting but rents are nuts too. My realtor told me that some are even bidding on rental houses, ie offering more rent money. I am very grateful to own this house free and clear for sure. Whatever is going on out there is not sustainable IMO; in fact, it's just weird. It was fun to imagine though being there and fixing up that particular house.

  2. #32
    Senior Member jp1's Avatar
    Join Date
    Dec 2010
    Location
    San Francisco
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    9,802
    Dang. That's craziness. And I thought it was crazy when we bought 17 months ago. But we were only up against one other offer and we actually "won" because we didn't have a "sale of house" contingency, despite having a lower bid. About a year ago a significantly more updated version of our townhouse sold for $73k (roughly 10%) more than we paid. Last summer a couple other smaller/less updated than ours, units sold for about the same as we paid. After that nothing in our development has been on the market, so I have no idea where things stand here at this moment in time.

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