House buying update 7/06

The bank excepted our offer. We have a contract. We beat the other buyer by 1k. The bank isn't even going to go back and ask them if they want to counter or anything. Just signed our offer and sent it back to us.

I'm soooooo excited. I've been on pins and needles all day.

Now things are going to fly. We going to have the inspection done in the next couple of days. Then the banks appraisal on the house. All together we are hoping for a 30 day close. That works out great since we have to be out of our apartment by the end of next month.

Today has been a very long and stressful day. I think I aged a full three years. I'm just happy that we're one step closer to owning our place.

House buying update 7/05

I'm a bundle of nerves. We got an email from our agent and this being 4th of July weekend worked in our favor since we will only have one other person competing against us. It seems like that person revisited their offer amount and put in a new higher/different offer.

We should get word sometime tomorrow.

Tonight and tomorrow will be the worst. I feel like we're competing for a prize and we don't know if we won.

Anyone who knows me knows I have a hard time handling the unknown. I don't like being in situations that I can't control somewhat. I dislike Christmas because I hate surprises. I rarely do things unless I know I'm gonna get what I want. So this weekend was really bad. It put a lot of stress on us as a couple.

Daniel has taken on a zen like quality and has decided he's not going to let it get to him. Good for him. That's not me.

I also deal in worst case scenario's so my mind is already thinking we didn't get the house. I don't want to be disappointed anymore.

So hopefully we'll get the house.

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.

Home Buying Update 7/03

So we ended up looking a three houses today. My parents came with me and it was nice that I could see my Mom getting excited that her little girl was getting a house.

The first house which I'm going to call plan C is a foreclosure so that should close faster. It's really nice. Smaller than the plan B house by 15 sq ft. It doesn't have a formal dining room but a bigger kitchen, it backs to a lake and has a HUGE master suite. I love the shower in this place. Out of the 3 houses that I've fallen in love with this is the best. It has a little computer nook so it opens up a whole room for more uses. Now if we get this room I may be able to talk Daniel into making the spare room into a guest room. We'll see.

What's great is that it's about 10k cheaper than the orignal house. BUT there is a problem, even though it came on the market 2 days ago it already has an offer on it. We all think it's an investor since we were the first people to view the house. So who would buy the house without looking at it?

We also looked at 2 other houses but nothing worked like this one. So we are putting in an offer and crossing our fingers that we will have the winning offer. God I'm praying so.

So since the plan B house will take over 60 days for an approval( and we gave them a drop dead time frame of 60) we will get our binder back.

Buying a house in this market in this area is so hard. All the cheaper houses have multiple offers on them by families, and the more pricier houses have multiple offers on them from investors.

You have to be on your toes every day, you blink and houses have multiple offers on them.

Home buying update 7/01

So we found out this morning that most of the houses in the area that we like are with Suntrust.


There are two others that we are going to view on Friday.


One had a sell fall through but the agent kept the sell going with Suntrust so she's about 30 days in with the bank. This place and the house we have an offer with are identical.


Then there is another house that is the same subdivision. It's the same size but it doesn't have a formal dinning room, but it has a bigger kitchen. No information on this place yet, but it's listed in the MLS as a bank approved short sale with "QUICK CLOSING ANTICIPATED-"


These two houses are officially coined plan C.