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Opendoor buying too many Wake County homes?

Posted 07-25-2021 at 01:31 PM by abumblebee


Quote:
Originally Posted by BoBromhal View Post
when you say that you got an offer ... you mean, you initiated the process?
Yeah you’re right. I guess I could have been nuanced with my words. We signed up for an email offer from them and got emails over several months with the value they would give us, so after it kept going up, we figured we would do the tour and at least see the final amount to see if we would be interested in moving. After the tour, they actually raised the value from the initial offer. They would take 5% and then subtracted some repairs (approx 5k which I’m sure they won’t do anything before listing it lol). After all that, we would still net above what i (and realtor) think our house would sell for. I love our house but it is small and on the busy street. We’ve done some big ticket items repairs, but it’s not super updated and could use some updates to make it shiny. I love the north hills area though, and now we couldn’t even afford a house in our neighborhood on a quiet street unless we won the lottery lol
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