So after much research over the past 2 years, kicking that research into high gear over the past few months, and then 24 hours of obsessive number crunching, I submitted my first offer today!
I won’t give too many details (not that I don’t trust you all but this is a public forum after all!), but I made an offer on SSR for a couple dollars / point less than asking. It was a pretty good price based on other listings, but still higher than what was being offered just a month ago. The market is crazy.
So I’m prepared for the emotional gut punch of being outbid, but also will feel great if I get it since I think it will be a decent deal.
Feels surreal, like I have just compulsively bought something as expensive as a car!
But it wasn’t really compulsive, it’s been a long time coming. Wish me luck!
Timeline for reference of future buyers:
4/30: Submitted Offer
4/30: Offer Accepted (within 1 hour of offer)
5/3: Received and signed/submitted initial paperwork (Contract for Sale and Purchase, etc.), paid 10% deposit
5/4: Package submitted to Disney for ROFR
5/21: Contract taken by Disney
6/9: Offer submitted
6/11: Offer increased and accepted
6/11: Received and signed/submitted initial paperwork
6/14: Package submitted to Disney for ROFR
6/30: Passed ROFR
7/9: Estoppel received
7/16: Closing docs received / completed / money wired
7/22: Purchase closed
(I will update as additional milestones are met.)