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The House We Did Not Buy

March 2nd, 2009 at 03:28 pm

The bank owned house that both DH & I really liked has sold ... to another couple. While we were pondering how much to offer (and deciding if we really did want to make an offer), we found out that another couple was planning to put in an offer, and that they brought the same things to the table that we do (cash buyers, able to close quickly). We decided to back off because we refuse to get involved in anything that hints of a bidding war. We're waiting to find out what the house sold for ... that knowledge will be useful when we do finally make an offer, especially if it is in the same neighborhood. And even if we don't end up buying in the same neighborhood, we will at least learn how much "wiggle room" there is in that one particular bank's list prices. We were pleasantly surprised at how quickly the process moved from first offer to mutual acceptance ... sounds like banks at least that one particular bank has sped up it's processing of offers.

As DH said, we keep finding better and better houses at better and better deals, so ... onward!

5 Responses to “The House We Did Not Buy”

  1. gamecock43 Says:

    oh that's so pretty! good taste!

  2. my english castle Says:

    Gorgeous! I hope you find a bargain that's at least as pretty!

  3. Analise Says:

    It has lovely floors and good natural light. Hope you find something even better soon.

  4. frugaltexan75 Says:

    It is pretty - just think what might be ahead. Smile

  5. Amber Says:

    I love it, but I am sure you will find one much better

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