Saturday, July 4, 2009

House Update 7/04

So we heard yesterday afternoon that since there are two offers on the plan C house that the listing agents were told to go back to their buyers and have them get their(buyers) best and highest offer and that they would submit them on Sunday night and we would have an answer by Monday. They estimate closing by August 6th.

We went back and reviewed our original offer and raised it. It's higher than the asking price but since we were already going to pay that amount on the plan B house it's not that bad.

So that's great. I'm just worried that the other person could be an investor and have limitless money and we get priced out of the house. Or that today or tomorrow someone else with more money could come along and put in a third offer.

So if we end up getting the plan C house we have to get our binder back from the plan B house. We don't think that's going to be a problem. They could make it one but we don't feel that they will. It's just something else to worry about.

We heard back from our Mortgage Originator and we got the mortgage approved but with some strings. The first was we needed to provide our apartment information so they could confirm somethings. We got that to them asap. The other one makes me scared. They need to verify some information from 5 years ago. We don't think we have anyway to prove it since it's from an old job of Daniel's. I know the reason's why but I'm worried what will happen if we give it to them.

Last night I was telling Daniel that it feels like we are at the base of the Appalachians trying to move out West. So we have to climb over the Appalachians AND the Rockies.

No comments: