Offer on a home

[angelak]

We have put an offer in today on a home.
We should know by August 30th whether the offer is accepted.
If any of my pals could spare some well wishes in my direction as far as our offer being accepted - we're dying to get into this place.

It is our dream home.
More forth coming if said offer is accepted and we move into escrow and closing.

*crosses her fingers!*

(There is a contingent offer that we can bump if they do not sell their house within 48 hours of when we placed our offer.)
And I hear they haven't sold their house yet.
So that means if they can't sell their house, our offer is the one that stands.

And I promise once I am done being scared of jinxing the situation - I'll share more details with those who matter most to me. I've been pretty private about this ordeal.
It mostly had to do with not wanting to talk or think too hard about something that would/would not come to reality. IF that makes sense. I was afraid to think too hard about it because it seemed that not thinking about stuff made it easier to be more patient about learning the details about where our options were. (Let's just say I've been holding my breath for 2 weeks straight.)

!!!!!
The joys of first time buying. ;)

-Angela

Comments

[tzaddi-93.livejournal.com]

The way contingent offers work is that the seller has to give the contingent buyer the option of releasing their contingency and buying the house before their other house sells. So...likely the other buyer will say "nevermind." There is a chance they will agree to buy the house without their other house selling first and then go after financing. At that point, unless they are already pre-approved, there is strong the possibility that they won't be able to get financing. You would have to have a lot of income, money in the bank and stellar credit to be able to get financing for something like that in this market! (Having them go for it and then not get financing would basically mean you wait a couple of weeks to find out.)

[invisogoth.livejournal.com]

I sympathize with the "joys". hugs& good luck!!!

[empressmiaka.livejournal.com]

Good luck!

These units

[ithisia.livejournal.com]

Yeah. Our realitor explained it just like that too.
I just didn't feel like writing it in the entry :P

And it is doubtful these folks have tons of money seeing as these units are income qualified. :)

That and the exact same floor plan in another building is available for them in 2 more months anyway. So jeah.

-Angela

Re: These units

[ithisia.livejournal.com]

Which of course, would also be OUR second option if we can't end up bumping them. Etc.

-Angela

Re: These units

[tzaddi-93.livejournal.com]

Very cool.

[everlastinggoo.livejournal.com]

*crosses fingers and sends luck in your general direction*

[nobodyberry.livejournal.com]

First off: that's awesome to hear! Best of luck, of course.

And second... I've been trying to keep my curiosity whore-dom in check, which is why I've been out here all quiet-like. But nevertheless, I have been wishing good thoughts at you and hoping for the best. :D