Possible new house....

[Lindsey]

Thanks Betsi. Scott has been all about sticking to our guns for the whole process, but he just said "Would you really be willing to give it up over a couple thousand dollars?" ... When you think about it, a couple more on a 25 year mortgage is only going to bring up our payments less than $10 a month. Our "limit" is well below our ACTUAL limit so it seems silly to let the house go over such a small amount. We could still afford it.

I think we may offer our "limit" but not say it's our final offer. Our realtor has already told them we're close to just ending it so they may just go for it anyway.

[Lindsey]

Just signed the new offer again.... hopefully she can get to Scott's work for him to sign and have it sent off before our cut-off of noon! That's just another half hour.

[paula1961]

I'm getting so excited and nervous too and it's not even me lol!
I so hope they accept your offer Lynsey!!

[Lindsey]

Thank you Paula! I'm beginning to feel indifferent... It would be such a cool house to own, but they obviously aren't that bent on selling it. I have been spending my morning looking up houses we could get for a similar price. There are some gorgeous ones that are brand new! But they don't have the character or the history that this house has... not to mention the size!

But even if we have to stay in the condo, if I have Scott and Layla with me every night I'll be happy no matter where I am.

[Lindsey]

Oh my gosh... Scott just got a call from our realtor

The house is ours for $2,900 more than our last offer if we want it. They won't go any lower. They will give us everything we're asking for (including washer and dryer) but that's their final offer. That is $71,100 less than their original asking price last summer, and $22,000 less than the current listed price. That's a pretty substantial drop in price, and I'm sure the house is worth that much...

My heart is racing and I don't know what to do! They're giving us some time to think about it.

[gja1000]

Hi Lindsay! I haven't written much on this thread because I've been out of town and only able to read a little bit.

It is always good to buy as much house as you can afford when you are young. It won't be as much of a stretch after you get get older and you will have a fabulous house for the rest of your life, or until you decide to sell it. Since you are getting it so much less than the original asking price, then you will make A LOT of money on it someday and have such a wonderful place to live until then!

I know it is horribly stressful, buying/selling always is - it just about makes me sick - I can't even buy a car, Gary has to do it cause it causes be so much stress!!!

I say go for it, if you can afford it and if it is what you want to do. I know you have probably looked at all the positives and all the negatives and then add them up. If the positives outweigh the negatives, then the decision is easy!

Good luck, can't wait to see what you decide.

[Lindsey]

Thank you Gayle! I'm so glad I have this forum for times like these! I can't talk to my parents because they're at work Your advice is just as good!

We have a showing of the condo tonight and if this girl really likes the condo, our choice will be easy! If not, we have the worry of waiting for the condo to sell in the next 6 weeks, and if another offer comes in on the house we've lost it. That would be tough on us.