Last evening, we made our first offer on a house in Wisconsin. It’s a tough choice to decide whether to live in Wisconsin or Minnesota but the home values are really good in Wisconsin right now although the taxes are a wee bit higher.
It felt strange to make this offer. The house is gorgeous and the location is nice. But the home values in this neighborhood are down as they are everywhere. The seller has set their price really high. And we made our offer based on sales in the neighborhood.
I vacillate between having done the “right” thing (a lower offer) based on facts and feeling like I’m insulting a seller (who unfortunately priced their house too high).
We’ll know soon if the offer is accepted. Meanwhile, I hope the unsettling feeling of insulting someone goes away.