NewEnglandLady
Ideal_Rock
- Joined
- Jul 27, 2007
- Messages
- 6,299
I''m sorry, Gecko. I''m sure it''s very tough when you already found "the one" and now everything else is falling short. As usual, I was watching a house-buying show last week and a couple ran into a similar issue. They put an offer on a short sale and never heard back and it took them another three months of looking to find something they liked as much. I know in your case the owners rented out the house, which sort of makes it more final (this couple kept hoping they''d hear something), but I''m sure it''s very difficult when nothing is comparing for you. I''m keeping my fingers crossed for you for the next three.
We talked with our realtor and decided to just wait it out and see if the price dropped because we thought the price was a bit high and would come down (the seller''s agent even admitted it was high, which was interesting). I was actually relieved because I''m ready to take a break and I wanted to book our Caribbean trip for next month without having to think about closing on a house. But then I got a call about an hour ago from our agent stating that there is another offer coming in, but it''s very low and there is also a house-selling contignency. The seller''s agent thinks we should bid because, despite being low, it could be more aggressive than the other offer. I told our agent that a.) I am not bidding a penny more than we were originally planning to bid and b.) I''m absolutely not getting into any type of bidding war. She told me she knew I wouldn''t (haha) and that it might not hurt to try at this point.
So I''m scrambling to try to get the offer letter from our mortgage broker. If we don''t offer tonight, we will tomorrow.
We talked with our realtor and decided to just wait it out and see if the price dropped because we thought the price was a bit high and would come down (the seller''s agent even admitted it was high, which was interesting). I was actually relieved because I''m ready to take a break and I wanted to book our Caribbean trip for next month without having to think about closing on a house. But then I got a call about an hour ago from our agent stating that there is another offer coming in, but it''s very low and there is also a house-selling contignency. The seller''s agent thinks we should bid because, despite being low, it could be more aggressive than the other offer. I told our agent that a.) I am not bidding a penny more than we were originally planning to bid and b.) I''m absolutely not getting into any type of bidding war. She told me she knew I wouldn''t (haha) and that it might not hurt to try at this point.
So I''m scrambling to try to get the offer letter from our mortgage broker. If we don''t offer tonight, we will tomorrow.