Forum Archive: Posts by: IronMaiden

I have an accepted offer on an apt. However, there was a previous accepted offer which is taking a while to get the contract signed becaused they are apparently nitpicking (this is according to the broker). So now it seems I’m in a race to sign a contract before them. Assuming the other offer actually exists, can the seller choose me over the other offer even if they sign before me? According to the broker, we are the more attractive offer. I really appreciate any input on this. Thanks everyone.

I’ve been relying heavily on the internet in the search for an apartment to buy. This summer seems to have been very slow for new inventory. I’m wondering, am I missing anything by simply relying on Trulia, NYT, etc? Are there some apartments that don’t get listed because they are snatched up so quickly? I know that happens with rentals, but with sales I figure it’s always listed in case the original deal falls through. I’ve never had a broker show me anything I haven’t already seen in person or on the internet. Has the internet rendered them obsolete? The only thing they add is showing me places that are not in the location I want to live.

What’s the standard nowadays? 10% below asking? 20% below? How do I factor in outdoor space that is over half the size of the indoor space? Any input is much appreciated.