Tuesday, April 29, 2008
We had made of offer on a house. Sadly, there was another offer to compete with. The offers were equal, but the other offer had a contingency. They had to sell their house before they could buy, so our offer looked like the better one. Since their offer was technically first, we had to give them a chance to remove the contingency. Well, they did and we lost the house. Oh well! The market is still coming down, so I have high hopes that we can find another house without too much trouble. I'm excited because some 4 bedroom houses are coming into our price range. The top of our range, granted, but we're within striking distance now! When we first started looking, I couldn't believe the junky houses that people were trying to sell, and for how much! I'm so glad we didn't try to buy a house when we first moved here. The market is in a free fall and we would have lost a lot of money between then and now. When we were in grad school, I was very concerned about our being able to afford a house when we finished because prices were rising so fast, so I feel really blessed to be looking for a home in such a buyer favorable market. To tell you the truth, I don't really like home shopping. You have to shift through a lot of 'crap' to find something good and it takes a lot of research time and legwork to say nothing of the legal hoops once your offer is accepted. But it will all be worth it in the end if I can finally have a space for my garden and the kids can have a yard to play in!