House offer got accepted but I was the only offer. Should I be worried?
May 5, 2021
22 Comments
I've put an offer on condo townhouse along with a preinspection clause. I got accepted. My agent told me I was the only offer she got.
I liked the town house , school district is good , hoa is low and there is no rental cap. It checks all the boxes for me. However, what I may be missing that the house didn't get any offers.
The townhouse nextdoor also did not get a lot of offers. I know that because her agent basically reached out to before offer review date.
What I may be missing?
Location: Mill Creek, Greater Seattle
comments
Interest rates are low and housing prices are still in a slump, so this could be a good timing. Just demand hasn't recovered quite yet and supply is high.