Ya Gotta Love It!
Posted by
Orrinda
, 27 October 2009 - 07:36 AM
A couple of months ago I made a post on the message board about our "dream house" and the ups and downs of going through the purchase process. Well, for various reasons, we are still in the purchase process.
Because this house is not in close proximity to where we currently reside, the transactions are all taking place via cell phone, email, and that most wonderful of inventions, the .pdf file. And while these technological marvels allow us the luxury of being able to do this off-site, there is really no substitute for being able to look the realtor in the eye and saying, "What is this?"
We would have made perfect candidates for the TV show "Property Virgins." The street address of the house has been wrong on virtually every piece of paper we needed to sign. The square footage was miscalculated to be almost 200 square feet larger than the house actually is. The appraisal (which had to be redone because of the square footage issue) came back about $12,000 less than the agreed upon sale price--meaning the loan won't be granted.
So, now we wait--again--to see if the seller will accept an offer closer to the appraised value--which would be good for us, not so good for them. In the meantime, though, we're out quite a few bucks for the appraisal, pest reports and repairs, and other inspections that it was incumbent upon us to pay for. My husband keeps asking me if I still want the house. He is caution personified. I keep saying I do want it, that I may be totally delusional, but I have never felt like it was the wrong thing to do.
We have to laugh--otherwise we'd be tearing out what hair we have left. I'm still not sure what our kids think about this impending move. But that's probably a topic for another day.
Because this house is not in close proximity to where we currently reside, the transactions are all taking place via cell phone, email, and that most wonderful of inventions, the .pdf file. And while these technological marvels allow us the luxury of being able to do this off-site, there is really no substitute for being able to look the realtor in the eye and saying, "What is this?"
We would have made perfect candidates for the TV show "Property Virgins." The street address of the house has been wrong on virtually every piece of paper we needed to sign. The square footage was miscalculated to be almost 200 square feet larger than the house actually is. The appraisal (which had to be redone because of the square footage issue) came back about $12,000 less than the agreed upon sale price--meaning the loan won't be granted.
So, now we wait--again--to see if the seller will accept an offer closer to the appraised value--which would be good for us, not so good for them. In the meantime, though, we're out quite a few bucks for the appraisal, pest reports and repairs, and other inspections that it was incumbent upon us to pay for. My husband keeps asking me if I still want the house. He is caution personified. I keep saying I do want it, that I may be totally delusional, but I have never felt like it was the wrong thing to do.
We have to laugh--otherwise we'd be tearing out what hair we have left. I'm still not sure what our kids think about this impending move. But that's probably a topic for another day.
2 Comments On This Entry
Page 1 of 1
Carrie Stephens
20 November 2009 - 10:35 AM
What an ordeal! I hope that it all will work out the way you need it to!!!!!
SandyFeet
Yesterday, 09:01 PM
Yep, keep laughing. Otherwise you are likely to let streess take over. It is much healthier to see the humor in things than count the frustrations. Either way it goes, it is a good market to be buying and there are lots of houses on the market. So it this one does not work out, there will bhe others. Good luck, and maybe some fairy dust will help
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