Wednesday, September 2, 2009

Our House!!!

Michael and I have been looking at houses to buy for probably 7 months. We put in quite a few offers, but nothing really seemed to work out for us. In about April we found this house that we both LOVED. It had two living room/family room spaces, which we thought would be perfect. We could use one as our music room and the other as our T.V./fun room. The only problem with the house is that it is a short sale. Short sale is kind of the word that buyers here and they turn around running. Getting involved in a short sale means that you can put in an offer, but you better be ready to never hear back, because the sellers have to accept the offer and then so does the bank. But the bank will be agreeing to lose money when they accept the offer, so it basically takes a LONG time. So we started to put in an offer for a short sale in May, then with some confusion walked away and then we decided to go for it again after they seemed willing to work with us again. We had everything turned in and ready by June 9th. We waited and waited, and nothing really seemed to be being done for it. But about a week and a half ago, Valerie our real estate agent got a call and it was the bank's realtor saying that we could have the house. They countered with more than we had offered, but we decided it was a good deal. So we're going to be closing on it September 29th and we're so excited!!! The inspector is coming out to look at it this weekend, and then we have an FHA inspector coming to look at it sometime next week. And once that happens we just have to wait till September 29th and then it's OURS!! The best part about this house is it's in a great neighborhood, and we stay close to all of our friends and family. It really seems to be working out just perfectly :)