Monday, March 29, 2010

We took the first step!

Jason is putting a bid on the HOUSE FOR SALE that I posted about earlier in the month. I am not getting my hopes up because as I mentioned it’s a short sale with one bid on the house that’s been sitting at the bank since October 2009. I am not sure how the whole short sale thing works out but I know it can be a long process . Thankfully we are renting but we still need to find out if we can go  month to month because I would like to follow through as far as we can on this offer.

There are two other offers in line if the first offer falls through so we are putting a bid down for the full asking price to have a better chance at having the bank pick our offer if the other two are lower.  This house is worth so much more. Even now, the asking price is a good deal and when the economy is better and the real estate market recovers this house will have been an incredible investment. Once the basement is finished the total square footage of the house will be 4,500 sf and without the basement the rest of the house is still 2,615 sf. That’s a nice size house.

I am excited but like I said, not getting my hopes up. Cross your fingers for us and I will update more later when we hear something from the realtor and hopefully the bank!

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Quote of the day:
I myself am made entirely of flaws, stitched together with good intentions. - Augusten Burroughs

2 comments:

Valerie said...

Fingers crossed, it sounds like a great home!

Procrastinating perfectionist said...

Thanks Valerie! It really could be a great home!