For starters, our current neighborhood is totally out. The properties here are all well over a million, as are in they in pretty much every other neighborhood we'd like to live in. To find a place in a "normal" price range, you know, half a million (can you feel my sarcasm from there?) we're having to stretch both our budget and our location comfort zone. A good school district is pretty much out of reach as well, so we're looking at a charter, private school or moving in 5 years.
We've been trying to avoid falling into the usual pitfalls of first time home buyers. The market here is so competitive that most people need to offer on 5-10 properties before they get accepted. We told ourselves this over and over but of course, we ended up getting caught in the most obvious, giant, glaring pot hole. We fell in love with a house. It was gorgeous, the neighborhood would work for us, and we wanted it, bad. 3 beds, 2 baths, hardwood floors, a gorgeous, spacious kitchen and a huge yard I could picture our baby and dog playing in. Since this is SoCal, it already had two over asking price offers on the table, so we put in an offer 5k higher with super appealing closing terms. Then we began dreaming about where furniture would go, made an appointment to bring our dog to walk the neighborhood and show our parents and.....
We didn't get it.
Of course we didn't get it.
In this case, there's nothing we could have done to get it. The owner was a real estate company who was acting as their own listing agent and who we're pretty sure was representing their own buyer. Super, super sketchy. They let over asking price offers pile up, told their preferred buyer what to offer over, and then accepted. We didn't stand a chance and predictably, I am heartbroken.
We're now back at square one and none of the other houses seem to measure up. There are so few in our price range to begin with that finding something to look at is difficult enough, let alone finding something you actually want to offer on. Luckily, we're not in a huge rush to buy and we still have 5 months before we need to start moving if we want to get settled before baby comes. Although there doesn't seem to be anything special out there now, I'm hoping that our new home will be among the properties that hit the market over the next 5 months.










