This has been a crazy roller coaster ride, all week long. We've been working towards buying this house ("the Sutter house") that we love, for nearly 7 months now. We first saw it in October, and since then we decided that was "the one," and we've been working towards buying it ever since. We are currently VERY CLOSE to getting to the point where we can apply for mortgages. Pete got rid of his Chapter 13, paid it off in full, and now we're just waiting for the lawyer to get it DONE so that we can start shopping for financing, so that we can make an offer.
The house has been for sale for nearly 2 years, with NO OFFERS----that is, until this past weekend. Somebody ELSE swooped in and made an offer on this house, which threw us all into a huge panic! Nobody else can live in MY HOUSE dammit! I've already got every room decorated on paper! I'm so attached to it, it's really pathetic. So the home owners made a counter offer. That's all we knew on Monday. I have felt such huge disappointment, and we've both been feeling totally devastated.
So, we've been having crazy panic attacks, and we immediately contacted our realtor to ask if he would show us other houses, to have as a "Plan B" in case the one we love falls through. I had already made up my mind that I wouldn't like any other house out there. And, he showed us three houses that all sucked. So, back to the drawing board.
However, at the end of our visit to the third house, the Sutter home owners' realtor called our realtor, and told him that they couldn't come to an agreement with the potential buyers, so the offer is NO LONGER ON THE TABLE!! WHEW!! That means there is currently NO offer on the Sutter house at all, so WE NOW HAVE THE CHANCE to swoop in and pounce on it.
Another complex situation presented itself on Monday too--our current landlord has asked us to be out of the current house we're living in, within the next 60 days! NO PRESSURE, right?! Yeah, so we've been rather panicked and upset all week, trying to figure out what to do.
So, on Friday afternoon, we're going to show up at our realtor's office to write a formal offer. We're also planning to pay CASH for this house, (yes, we've been saving money for a long time for this)...but we're going to be somewhat "house poor" for awhile. At least we'll own it outright without any complicated bank stuff to deal with, so it'll be worth it. We're planning to make a very strong offer on the Sutter house, but IF they counter offer with a higher price, we may have to dip into Pete's 401K, but we really don't want to do that if we can help it.
So that's where we stand right now. I've been so emotionally wrecked all week, I am exhausted. But, next week I have to drive to Michigan with my mom to visit with our family and friends. It kind of makes me nervous to be in another state while waiting to hear back about our offer. Meanwhile, I'm trying to gather as many moving boxes as possible, so that we can start packing.
I'll keep everyone posted on this blog about our home buying adventure. Keep all fingers and toes crossed until further notice!!
Love, Becky
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