The search for a 3 bedroom rowhouse began in April 2008. Our goal was to find a lower priced home that needed a little fixing up. The home had to be in a good neighborhood, in walking distance to a metro or a short bus ride away. We settled on the 20001 and 20002 zip codes and established I-Agent.com realty as our Realty agent.
I-Agent reality was perfect because at the time we lived overseas and our agent was an expert at replying timely to emails and doing all paperwork via email. Also the fact they would return 2/3 of the final commission helped.
About mid-April we were finally ready to submit an offer. Withing hours our agent Zeeshan had us set up and then it was time to wait. We lost that offer and then the next five that followed. I guess I was looking primarily at bank-owned foreclosed homes that were well under priced and ended up selling well over the listing price.
After losing six bids I was starting to lose faith. I would be arriving in DC in July and it was already mid-June. I had to close on a house and start remodeling or my family would be living in a apartment for at least a year. With that in mind I started looking at a house I had previously said no to because of the last three I had bid on. This house was very cheap in comparison to others, but would need extensive work. The house was also very small, 1340 sq. ft. Since I wasn't too excited I figured I would make an offer 10K under the asking price. Within a few hours the offer was accepted and now it was time to really get to work.
I-Agent reality was perfect because at the time we lived overseas and our agent was an expert at replying timely to emails and doing all paperwork via email. Also the fact they would return 2/3 of the final commission helped.
About mid-April we were finally ready to submit an offer. Withing hours our agent Zeeshan had us set up and then it was time to wait. We lost that offer and then the next five that followed. I guess I was looking primarily at bank-owned foreclosed homes that were well under priced and ended up selling well over the listing price.
After losing six bids I was starting to lose faith. I would be arriving in DC in July and it was already mid-June. I had to close on a house and start remodeling or my family would be living in a apartment for at least a year. With that in mind I started looking at a house I had previously said no to because of the last three I had bid on. This house was very cheap in comparison to others, but would need extensive work. The house was also very small, 1340 sq. ft. Since I wasn't too excited I figured I would make an offer 10K under the asking price. Within a few hours the offer was accepted and now it was time to really get to work.
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