Buying a home in Roseville is not easy

Posted Sep 30, 2008 @ 11:20 am, Viewed by 424 Visitors, Read 440 Times.

What are the chances a house that has been on the market for over 200 days, built in the 70’s and has never been remodeled or even well maintained now has three offers to buy? I think something does not smell right. Has the Sacramento real estate market returned to the pre-2005 era where you put the house on MLS and headed to the fax machine to get the first offer? 

I am a optimist by nature and trust people until they prove me wrong but I am having a hard time believing this particular property, out of the blue is in a multiple offer situation. Don’t get me wrong, the spring and summer have been busy and we have encountered multiple offers and in fact we have a listing now that has received four but it is a very cute house, clean, ready to move-in and we priced it very aggressively for a short sale to help the owner avoid a foreclosure. 
It is almost impossible to know if another agent is not telling the truth about interest in the house. Not many will tell you that your client is the only one ever to show interest and I often hear that there may be another offer coming but when you are formally informed there is a multiple offer situation I have, in the past, believed it. For the first time, I am not sure and may not ever know the truth. My clients are thinking and I suspect we will respond to the request for “last and best” offer but we will not overpay for this one.
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2 Responses to “Buying a home in Roseville is not easy”

photo missroark

That is interesting. I may be in a multiple offer situation myself tonight but this house, as you said, is cute, ready to move into and only 8 years old.

This past fall, I had multiple offer on a house I had staged and listed and the other agent asked for "proof" of the prior offer in the form of a contract with the names/numbers blacked out. This seemed rather silly to me because if I were going to lie about having another offer (I wasn't), what would prevent me from just filling in a contract with whatever information I wanted.

It does seem fishy in the case you mention...I'd be interested in knowing how it turns out.

Posted 1 year ago
photo jjalone

Thanks "missroark" for the comment.  Well, my clients decided not to respond and as of today, October 1, the other agent has not called us so maybe he did have other offers. We are off looking at other homes, which there are plenty of.

Julie Jalone

Posted 1 year ago
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jjalone

jjalone My name is Julie Jalone an I am a mother, wife and Realtor in the Sacramento area serving buyers and sellers of residential real estate. Read More

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