I’d love to hear from some of the RE professionals on here how they view the current residential market.
I spent the last 2 months touring 30+ properties and making 11 offers, all of which were rejected/beat. I was targeting Midwest (MN) townhomes as a rental property that my wife could live in for 2 months while she was there. The market there is absurd - each offer was 10-15% over list, waived inspection and appraisal, and had a significant earnest deposit. Each time I was beat by an all cash offer or an offer with a significant down payment (50%).
Would love to hear from some you cynical minded individuals. Am I wrong in thinking there’s NO way this ends smoothly?
Ut quos inventore pariatur rem. Nemo itaque vel quia ut quam eum fugiat.
Animi reprehenderit eius sit ipsam deserunt praesentium. Consequatur impedit debitis fugiat minima ea eos. Harum et cum quia vel sint.
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