Friday, January 15, 2010

Conflicted.

That's really the only word I can use to describe myself right now... oh, and overwhelmed, stressed and tired.

We've had condo drama lately and it's really wearing me out. The condo that we were buying appraised for less than what our offer was (as you might remember from my previous post) so it suddenly turned into a short sale situation because the seller owed more on the house then the appraisal price. Great, just what we were trying to avoid. So, they said it would be a quick 3 day process... that was over 3 weeks ago and we're still waiting. Well, just in case, Justin and I have been looking at other houses/condos while we're waiting to hear back from the seller's mortgage company. We found one we loved, we put in an offer (while we still have our offer in on Condo #1) and were told to bring our highest and best offer by this morning. Unfortunately, our highest and best is just $100 over the purchse price and I have NO idea how many offers came in between yesterday afternoon and this morning or if they were cash, over the purchase price, better credit, etc. Condo #2 was the first place I was actually excited about. It has no downfall, it has everything we want, and somethings that we never would of thought to want. So now we're waiting to hear on that one...

But wait, that's not all...

Last night Justin and I talked it out and we decided that we wanted to walk away from condo #1. It seems like, after seeing #2, that we were just settling. It didn't have some major things that we were looking for and has all this mortgage company drama coming along with it. It was really hard for me to walk away from Condo #1 because A) we lost $600 from the inspection and appraisal (our mortgage guy is going to try and get our appraisal money back, but no promises)... B) I had already completed 2 registries based on the colors in the kitchen/home. C)It came with all appliances which is hard to come by. But, in the end the "little" things that we didn't get made this a place that we were settling for. 1. No garage 2. No driveway 3. Only one parking space per condo 4. on the older end of the spectrum, so who knows what will need to be fixed in the near future and 5. the neighborhood wasn't where we wanted to be. I know some of you are probably saying "why in the hell did you put an offer in then?" and here's my answer:

At the time, it was the best condo we had found in our price range and because it was private owned, we could move in rather quickly. Until this "3 day" short sale crap started. Now we're 3 weeks into a short sale with no inkling of what is going to happen and we've found something else that has EVERYTHING we want and more. Even if we don't get Condo #2, it showed us that there ARE other places out there that fits what we need, in our price range. So, it's back to looking (unless we get Condo #2... cross your fingers) and if we dont' find something by March, we're going to start in an apartment and keep our search going until we find the perfect house not just "the best house we can find right now".