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I lost out on 2 house bids in the last 3 weeks.
The first due to the other buyer being willing to buy with no home inspection, like who does that? And the second was due to some rich bloke from Boston throwing down half a mil in cold hard cash. Housing market is wild right now.
 
I lost out on 2 house bids in the last 3 weeks.
The first due to the other buyer being willing to buy with no home inspection, like who does that? And the second was due to some rich bloke from Boston throwing down half a mil in cold hard cash. Housing market is wild right now.
Absolutley is, if I wanted I could easily get 30k over value for my house right now if I wanted to sell
 
I lost out on 2 house bids in the last 3 weeks.
The first due to the other buyer being willing to buy with no home inspection, like who does that? And the second was due to some rich bloke from Boston throwing down half a mil in cold hard cash. Housing market is wild right now.
I bought my current house almost 3 years ago for $188k and I’m selling it for $282.5k and I made basically zero improvements.
 
My credit score is in the 730’s, so you shouldn’t have a problem beating your current rate, I wouldn’t think.
I wouldnt think so, Ive just gotta get the proof of income part fixed. Which im working on just waiting on the paperwork to go through so I can start this new job.
 
I'll keep you in mind.
In general what are people able to get right now, im at 4.6 right now with an excellent credit rating.
LTV and DTI matter as well but if you’ve got a good credit score and it’s a refi you’re going to do way better than where you’re at, and likely in the neighborhood of 3
 
I lost out on 2 house bids in the last 3 weeks.
The first due to the other buyer being willing to buy with no home inspection, like who does that? And the second was due to some rich bloke from Boston throwing down half a mil in cold hard cash. Housing market is wild right now.
It happens a lot in sellers markets (like this one) as a sweetener during a bidding war, or as an attempt to avoid a bidding war. It removes a potential obstacle on the way to getting a deal done. Same deal with dude paying 100% cash; the house didn't have to appraise at that point (and many houses in this market are going to appraise for way less than the selling price).
 
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