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I think it's safe to say a lot of us know the feeling. We've been in this process a while now. We were under contract for a house we had instantly fallen in love with. I spent so much time dreaming about the updates we'd make, but after the inspection we tried to negotiating some repairs that the owner refused to do. It would have been a lot of money out of their pocket, but our bank simply wouldn't approve as-is so we had to walk. It was disappointing, but we were both pretty at peace with it so I think, deep down, we knew it wasn't the right house. A week later we found a house that had only been on the market for 2 days. We both knew we loved it, but were both hesitant to make a snap decision. After looking at some houses that sent us running (literally, we couldn't get out fast enough), we visited a second time the same day and made an offer. We were under contract in less than 12 hours. We used the same inspector and he made it clear that this was the better house with no obvious problems. We're scheduled to close in 19 days. I'm still feeling hesitant, afraid something could happen. But I know that if this is the right house then it will work out.
We are in the middle of this right now! We actually just had to walk away last week from a house we were under contract for because the roof needed completely replaced and neither we nor the sellers could afford to do it so we couldn't get approved for a loan with it in bad shape. It ended up not hurting as much as I thought it would, so I guess, deep down, I knew it wasn't the right house. We went house-hunting this past Saturday and found THE PERFECT house for us (knock-on-wood/fingers-crossed/praying hard), put in an offer, and were under contract in less than 24 hours. We wanted 3 bedrooms and it's only 2, but it has everything else we wanted plus more, so we don't mind one less bedroom. Our inspection is tomorrow. The current owners were approved for the same type of loan 2 years ago that we're applying for, so I feel really good that everything should work out.
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Jul 29, 2015