ReCasa Financial Blog

As you already know, the housing market is crazy right now. Desperate homebuyers have resorted to interesting tactics in hopes of securing the winning bid. Stories of people supplementing their offer with a personal note to the seller or offering significantly over list the day after listing aren’t new. However, more extreme measures that include adding cryptocurrencies to a bid and offering $1 million over asking price have infiltrated the news recently. 

Read more unique housing offers here… https://www.cnn.com/2021/06/16/homes/us-housing-market-offers/index.html

I’m not sure anything beats the story of a Colorado property that went viral recently. Tenants of a 5-bedroom, 4 bath rental property were evicted by the property owner. When let in to the property to collect their belongings, the tenants destroyed the property, hammering holes into the walls and littering the interior with trash and graffiti.  One would think the value of this property would drop significantly and make it difficult for the owner to get a reasonable price. Not exactly.  Even with a repair list of almost six figures, this property was listed near market value for this neighborhood. The property went under contact after being on the market for a week.

Read more here… https://www.today.com/home/real-estate-listing-vandalized-little-slice-hell-goes-viral-t222645

Have you ever encountered “unique” home buying/selling stories in this market?