Pages

Friday, February 17, 2012

Anxiety!

Wow, I am so out of my mind anxious right now. Wednesday night we made an offer on our dream home. We were told Thursday we would find out what the buyer thought. So, Thursday night we got a counter offer that was only 5,000 above what our offer was. We knew we would accept their counter offer, but our realtor suggested we ask them to split the difference. Friday morning the plan was to go into the office in the morning and sign a counter offer to do just that. We were so excited!! We knew either way we would get the house and we spent the rest of the evening talking about all we were going to do with the place.

Friday morning I headed into Country Boy only to have Matt (our realtor) meet me in the parking lot to tell me that inside of the office was another couple putting a bid on the house. He suggested we accept their counter and then it was up to them to either do the right thing and since we accepted their bid go forward with us, or if the other offer was for more go with them. UGH! It made my stomach just twist in a knot thinking we could lose the house when we were SO close. Legally, they had to present both offers and even though our bid was first they had no obligation to us. And also, we could not know what the other offer was for. What a bummer. I spent a couple minutes on the phone and then praying in the car.

I talked to Matt at 4 pm and he said they were meeting at 6 to make their decision. He thought they might go with our offer if we waived our right to an inspection. That initially didnt sound like a good thing but Matt told me the reason was because the inspection is another renegotiation point (If the inspector said to offer less we would go back to negotiating phase) and the buyer wouldnt want to do that because they could have just gone with the other offer for more. And, we although we couldnt renegotiate we could back out of the offer completely.

SO, that where we are out. I always heard, but didnt know how hard and anxiety driven buying a home was going to be. Good thing this experience is few and far between.

Its 6pm now... so hoping to hear soon. :-) All prayers are welcome!

No comments:

Post a Comment