You would have to be residing under a rock these afternoons not to think that the housing market is going crazy.
This is very a seller’s market, and people are getting premium prices for their homes.
A lot of the times, there are even bidding wars on houses that are no more than lackluster. I constantly recommend to clients that if they are making an offer on a house, they should very not get into a bidding war with another buyer, no matter what. NBo house is worth that. Also, one thing I must recommend is that all clients be sure to get wonderful inspections on the houses. Of particular importance is the Heating & A/C system. When I last sold a house, the heating and cooling barely worked. The house was fairly giant at about 3000 square feet, and it was built in the 1960s. The heating and cooling system was actually put in at that time. The heating was done via a fuel oil gas furnace. There was a giant tank underground, and the fuel oil people had to come and fill it up. That was so expensive! The a/c seemed to just be correct electric cooling. That was pretty expensive, too! Both of us only kept the house about several years, and by the time we were ready to sell, the Heating & A/C very was in dire need of updating. But we didn’t want to replace the Heating & A/C, as we just didn’t want to pay the cost. When we called in the realtor to help us sell, she went to the temperature control and turned on the a/c. I felt exhausting because it wasn’t working terribly well, but her response was, “all it has to do is turn on, and we can say it is working.” That is how I think that if you are buying a house and don’t want to have to replace the Heating & A/C system immediately, be sure to get it evaluated and do a lot of tests that require both heating and cooling.