Starting Over
So S and I have been trying to buy a house for a while. We found one we loved, fired our first realtor because he wouldn't show it to us, and put an offer in.
Well, we had it inspected and there was a lot of work that needed to be done to bring it up to par. Fine, we struggled with the owner and got it done. All the major things were taken care of, leaving us with a few minor repairs that I could actually perform myself.
Things were humming along nicely for a late August closing until... we received the appraisal this weekend. The bank (which sat on the appraisal for a month) said the house was worth FAR less than we offered. So, either the current owner reduces the price or we walk away...
We walked away. The process now begins again. This blows. It really, truly blows. Sigh...
Wish us luck
Well, we had it inspected and there was a lot of work that needed to be done to bring it up to par. Fine, we struggled with the owner and got it done. All the major things were taken care of, leaving us with a few minor repairs that I could actually perform myself.
Things were humming along nicely for a late August closing until... we received the appraisal this weekend. The bank (which sat on the appraisal for a month) said the house was worth FAR less than we offered. So, either the current owner reduces the price or we walk away...
We walked away. The process now begins again. This blows. It really, truly blows. Sigh...
Wish us luck