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Wednesday, February 16, 2011

House offer...now the waiting game

We finally found a house after looking at about 25 (more like 100+ online).  It's in great condition, will only need some paint (not a big fan of all white walls) and a fridge so all-in-all it is a great house.  The house is in a great neighborhood, pretty upscale neighborhood actually with a park and trails across the street, the sports complex is nearby plus the lot itself is a little over half an acre with lots of trees and rooom for a nice garden plus most of it's fence for Morgan and Sitka to safely play.  Plus we hear that the schools are good here too.

The rub is...we went back for a second look and sign the paperwork to make an offer and we found out it was going to be a multiple offer deal.  And, to make things worse, the bank or whoever currently owns this house (it was a foreclosure at one point), priced it so low and put a due date for all the offers several days away.  It was about 3 1/2 days worth of extra waiting before our offer HAD to be in, making more offers possible...we were not happy about the game they were playing. 

Once we slept on it, discussed it thoroughly and slept on it some more, Larry and I decided we were not going to play the multiple offer game to necessarily win by a landslide.   We know what the house is worth, what it's listed at and what we can pay but decided to play it safe since there is another house we have our eye on so it won't be a total loss if we don't win the deal.  Oh!  And did I mention that when we were notified 2 days after the due date (only supposed to be a 24-48 hour wait) that we were 1 out of 13 offers!?!?!  Yikes!  So tomorrow morning will be 72 hours and counting.  I hope we hear soon so we can move on either way.  It's time for us to get a new house and get the family back together!

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