Buyers are waiving conditions, offering thousands of dollars above asking and writing letters to sellers in an effort to secure homes in an increasingly competitive market.
Josh Davison and his partner Taylor Jones are currently renting a town home in London, Ont., and decided to buy in Strathroy because they could get “more bang for our buck.”
“Even when you add in the extra expenses of commuting, Strathroy just made more financial sense, to move a little bit out of the city and commute back into London, than it did to spend the money for what we’re looking for within London,” said Davison.
The couple’s budget was around $400,00. They made offers on three other homes within hours of seeing them but lost out, despite always offering above the asking price.
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