05_Putting Second Offer

Since our first offer didn’t go through, we looked again on Zillow. We saw a listing at Greyfield Road, Cottonade for $77K on May 18^th. We had seen it before but the house didn’t have a garage, so we passed it. But now, we thought with that price, we still have budget to build one.

We also reconsidered on two houses that we visited earlier. The first one was a house at Fenwick Pl., Cottonade for $79K. It was a fixer upper house, but again, with that price, we still had plenty to renovate it. This house had been on the market since early May. The second option was a house at Wakefield Dr., Summerhill for $115K. This house was a move-in ready; however it isn’t in Cottonade. It is at the opposite of Cottonade from the Yadkin Road, with a busy street nearby. This house had been in the market for 3 years, so the chance to get multiple offers was slim.

Summerhill & Cottonade

However, we decided to put an offer to Fenwick first. It was cheaper and it is in Cottonade; those were plus points. Learning from the Rollingwood experience, we put the offer exactly as it was: $79K. Logically, if we were willing to pay the asking price, we would get it, right?  

So we put our offer on May 20^th. However, Kristin informed us that the realtor for Fenwick didn’t work on weekends; so we had to wait for a while.

On May 22^nd, we finally heard from Fenwick. However, we heard the same ‘song’ again. The realtor said that he received multiple offers and he expected us to put our ‘best offer’. We didn’t like to be played like this, so, again, we withdrew.