Saturday, September 26, 2009

The Austin House Buying Drama

Oh, nobody would believe what our lives have been like the last couple of days. Nobody buys houses like Chris and I...we bought 2 in 2 days! Oh, please, allow me to explain.

Thursday evening the offer went in for the gray house that had everything (in my mind) except the finished basement. Chris was not happy when we put in the offer because he just was not ready to make the commitment. Time was ticking and I felt we should move forward. So, without saying this to either me or our agent Michael, Chris signed the offer on the gray house thinking it would never go through because it was for $12000 under her asking price.

Well, low and behold, it was accepted! We put the offer in and told the agent/owner that this was THE only offer Chris was willing to give her...which was true. So, she was left with no choice if she wanted to sell but to accept our first offer. After it was accepted, Chris was not happy. Our offer, however, expired at 12 noon on Friday, and she emailed our agent with acceptance at 12:15, so the offer had expired. So, we were not legally bound to the contract. So, the agent agreed to hold off on the paperwork so Chris could hash out his feelings and decide. She was completely understanding.

So, today at 12 noon, Chris finally decided to put an offer in on the corner lot home in Shadow Lake for nearly $14000 under their asking price. Keep in mind, these people closed on this home July 2 and then were relocated and have to sell. Their asking price was already 10 grand under what we thought they paid for the home on July 2. They, of course, counter offed for $5000 under their asking price. Chris then said I will offer one more time, $12000 under their asking price - but this is my final offer. If they decline this offer, we will accept the offer on the gray home and move forward. The people accepted! In the end, the people paid more than we thought for this home on July 2, making our purchase price $25,000 less than their new construction price on July 2! Seriously!!!

So, we signed a release from the gray home that I will have to get over and will approve the counter offer tomorrow on this corner lot!

All in all, Chris and I are excited. Chris' parents liked the corner lot (although Chris' Mom has only seen pictures), and my parents really liked the gray house. So, you can see, they were both nice homes making it a really difficult decision to make. In the end, we would have been happy in either home because both homes and both are nice. This home is, unlike the gray home, move in ready. The basement is finished, we got the refridgerator in our offer, and it has a rock'n 4 1/2 car garage! The flat lot is better than the forest lot of the gray home in that the kids can go right out and play and I can see them while I make and clean up dinner (you can not see kids in walk out lots as well - and they could not go out without us to the forest, at least initially). We liked the Shadow Lake area better for the close shopping and walking trails. Nobody can say I can not compromise, either. I really wanted a more convenient laundry room (on the 2nd floor would have been so nice!), I really thought the kids would really love their own bath access, I really wanted the drop zone, and I really wanted the view. But, in the end, Chris really wanted this house more than I wanted the gray house.

We are so excited to FINALLY have a home to move into on October 23...and the bargain price of $25000 off is just icing on the cake!

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