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Thursday, February 25, 2010

The Estate Process

Well we have two showings today the first one is at 2pm and the second one is from 5-6.Keeping my fingers crossed we get some offers.

Update-March 1st, We went house hunting ourselves,we will hopefully look at some more tomorrow.
March2ND, We had 2 more showings on our house this morning.My realtor said there should be 2 offers coming in tonight,I am hoping for a speedy process.
As far as our house hunting goes,we will be going to a second showing of something that we liked from last night. And we will also be seeing 3 other homes.

Update-March 8Th Well the house we saw a second showing on last week,we put an offer in on it at their asking price,with the sellers paying closing costs.The seller rejected the offer,which left us confused.There were two other offers in on the house.They got back to us and said they will negotiate because we were the first to put in an offer.So we put an offer in for $8,000 over their asking price with them still paying the closing costs.We heard back today that they decided to go with one of the other offers that came in. :( Which I still don't understand since this is a Short Sale home,and as far as I know the bank is covering the closing costs.This whole process it an emotional roller coaster.I told myself not to get too excited because this could happen,but it's so hard not too.I have to just look at it as, there must be something better out there for us.

As far as our house goes we now have two offers in,but we don't get to decide,the bank does.So all I can hope for is the bank gets back to us soon.

Update-March 28th We put an offer 2 weeks ago on another home (bank owned) $18,000 over asking price,with bank paying closing costs.They counter offered our offer,and we verbally excepted. Not sure what is happening,the selling agent is not good at communication and our agent kept calling her to find out more info. The selling agent got upset with our agent for bothering her so many times.Hello, then answer us! The selling agent said she would let us know when something happened.Well it's been two weeks.I don't even know if the bank knows we accepted their counter offer.This is so confusing and frustrating.Tomorrow is Monday hopefully we will hear back soon.

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