Yesterday was my last day working for El Dorado County. I'm not certain that it has sunk all the way in yet.
Since my last entry, I found another cute little ranch and made an offer. It was listed at 50k; Zillow estimated its value at 47k. My realtor told me that they were expecting multiple offers and I should make my very best offer if I wanted it. Well, I was somewhat skeptical. Was that just a ploy to get me to offer more? Besides, they can "expect" anything they please, that doesn't mean it will happen. I know that Zillow is not always accurate, but I was reluctant to offer much over Zillow's estimate. I offered 52k and my offer was not selected. I have been waiting for escrow to close so I can look up the sales price. Yesterday I saw that it had sold for 66k. So it had not been a ploy at all. I trust my realtor more now.
I found a little craftsman bungalow for sale. It is super cute. It has a lot of nice features. It is in fairly good condition (not perfect), but it has had some very tasteful updates. It has a new kitchen and a new bath, plus a newish roof and furnace. The list price is 55k. I made an offer for 55k, my realtor sent it off, and then she told me the listing agent says she has one other offer already. The seller is out of town until Tuesday, will review offers then, so I should make my best offer. I listened to her more closely this time. I asked her what she thinks the house is worth. She pulled comps and sent me her analysis; she thinks it is worth 68k. I thought about it, checked today's listings to see what else is listed in that price range, and decided to offer 68k. This is the pinnacle of what I feel I can pay without a mortgage. So the seller will take my offer or he won't; I'm not going to offer any higher.
One week from today I fly to St Louis. My daughter and son-in-law will pick me up there and I will spend a week visiting them and my son and daughter-in-law, plus her grandma. While I am there, I will either see the craftsman (because I am under contract for it) or a bunch of other houses (because I am still looking).