Monday, October 19, 2009

Houses...

I am so tired of house hunting. Since April, we have put in 8, yes 8 offers.

Here's the update on our two latest...

We put an offer on a home in June. It is a short sale. A short sale is the phase right before foreclosure. In September, the sellers accepted our offer, took their house off the market, and we have been waiting for the bank to make a decision. It's now OCTOBER... and we are still waiting for the bank. We should hear something next week.

We found this house. It has a HUGE garage (4+ cars) with a bigger backyard than the other house, and with an unfinished basement. The kitchen needed a whole lot of help, but it has some great potential. It was a foreclosure, so it would not take as long as the short sale. We didn't make the highest offer. Today we found out the offer that won has a forged pre-qualification letter, so obviously they never closed on the loan. So, instead of giving us the offer, they put the house back on the market and now they have 3 offers for higher than we can afford.

Needless to say, frustrated. No house yet.

Keep your fingers crossed (and some prayers wouldn't hurt) that this short-sale works out. :)

1 comments:

Randy & Laura said...

I'm sorry that you're having such a hard time with finding/getting a house. Short sales suck! (I've had my share trying to get buyers into them) :) Good luck with it!