|
| Author | Message |
|---|
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | Subject: We put an offer in! Mon Mar 07, 2011 7:57 am | |
| Yikes!  Well on Thursday we were going to offer, but they made it unavialable for bids and our Realtor called and they said that most likely they were lowering the price. We expected at most $5k, but they went down a full $10k on the price (which now it's $22k LOWER than it's appraised vaule). So we were  and Realtor thought that there was a 5 day period now where only owner occupants like ourselves can bid on it and that closed Tues at midnight. But on Sat he thought there was a chance the bidding was closing daily so we better go ahead and put our bid in. He called us at 9:30pm and we figured it all out and he submitted it! Basically our offer is about 92% of what their list price is now and our mortagage will be about $6+k less than it would have been before. He doubts anyone will bid as high as us (which is pretty low really), but he does expect it to have more attention w/ the lower price. He estimates we have about a 70% chance of getting it. He said we could know today or Wednesday...so we'll see! WE did go walk around Lowes for fun on Saturday looking at appliances, paint, flooring, etc. Was exciting but also made me Soooo..i will keep you posted on what happens! _________________  |
|
 | |
val Empty-Headed Erinlove


Number of posts: 12596 Age: 31 Location: Latin America Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 7:58 am | |
| oh, I'll be  you hear from them today, the suspense is probably killing ya! |
|
 | |
Jensational Charismatic Christina


Number of posts: 7729 Age: 32 Location: Raleigh, NC Humor: I have some Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 8:38 am | |
| Good luck JE!
That's awesome that the price was lowered.
We wandered around Home Depot on Sunday looking at the same things. We left with about 50 paint chips (the baby grabbed about 5 as well, lol).
Just curious on the bidding thing. If 100 percent of the price is still 22k lower than the appraised value. And if you really want it, is there a reason you didn't bid 100 percent instead of the 92? I mean I guess I could ask myself the same thing, since we really wanted our house and it was already under tax value. If they don't accept it, can you go back and bid 95 percent or something? Or is that one bid it?
I can't wait to hear the news! I'm so excited for you guys. _________________ Jen (32) Brad (40) Penny "dog" (9) William (2) Abigail (2 months) |
|
 | |
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 9:20 am | |
| Jen, HUD houses are just different and our realtor is very knowledgable in what they will take on each house. He knows this house b/c he was bidding on it himself so he knew just what they would accept as an offer. Last time we were going to bid about 89% of what the list price was and no one was even close to that he said. So he felt that this was a safe bid that would net them a good amount of money. We also only asked for part of the closing costs to sweeten the deal for them. This guy knows what he's doing when it comes to HUD homes. And  we defnitely could have bid the asking price or more, but we really would have been wasting money. We love this house, but also know that if we don't get it that there's another one out there for us. That's just how it goes. And we'd be sad, but we are ok if that's what happens. Oh and two things can happen if we don't get it....someone else gets it b/c they had a better offer...or no one gets it and they give us a counteroffer, in which we'd go back and try again the next day. _________________  |
|
 | |
Jensational Charismatic Christina


Number of posts: 7729 Age: 32 Location: Raleigh, NC Humor: I have some Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 9:31 am | |
| Fingers crossed for an acceptance or counteroffer! You are so lucky to have found such a knowledgeable realtor! _________________ Jen (32) Brad (40) Penny "dog" (9) William (2) Abigail (2 months) |
|
 | |
Shan Perspicacious Mafia Princess


Number of posts: 9879 Age: 29 Location: Kanab, Utah Humor: You're a smelly pirate hooker!! Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 10:25 am | |
| Soooooooooooo excited for you!!!!! |
|
 | |
Becca Softhearted Shan


Number of posts: 2872 Age: 32 Location: Pittsburgh, Pa Registration date: 2008-12-12
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 11:09 am | |
| Praying your offer is accepted!! How exciting!!!! |
|
 | |
Terri Sweet Shannon


Number of posts: 7403 Age: 32 Location: Sportmans Paradise Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 11:20 am | |
|  can't wait to hear "THE OFFER HAS BEEN ACCEPTED" throwing ++ vibes out there for you! KUP!! |
|
 | |
Jessie That's What She Said


Number of posts: 4216 Age: 31 Location: Louisiana Humor: We dance when there is no music. We drink at funerals. We talk too much, and live too large and, frankly, we’re suspicious of those who don’t Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 12:40 pm | |
| GO GET DAT HOUSE GIRL!!!!!!!!!!!!!!!!!!!  |
|
 | |
Ginax Skanky Snowy


Number of posts: 15232 Age: 26 Location: Where the wild things are Humor: wrapped around a pole Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 12:44 pm | |
| That is so exciting! Do you know how HUD homes do counter offers? We put an offer on a non-HUD home and so did 2 others, and all 3 of us were sent the same counter-offer and whoever responded first "won." Do HUD homes do it that way or will they just counter one person? |
|
 | |
D Sensitive Sara


Number of posts: 2123 Age: 39 Location: St. Clair Shores Michigan Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 1:01 pm | |
| I am  you get it,,, It's so exciting  |
|
 | |
Tara I'd Hit That

Number of posts: 9015 Age: 31 Location: Under your bed Humor: I say what I mean, and I mean what I say. Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 4:25 pm | |
| _________________ "We know we'll have a baby. And we're going to have the baby we're supposed to have. Whatever baby we end up having will be the right baby. Our baby. And we know that we'll hold that child and think, 'If our journey had been easy, we wouldn't have you.'" --Emily Giffin, Baby Proof  |
|
 | |
Shan Perspicacious Mafia Princess


Number of posts: 9879 Age: 29 Location: Kanab, Utah Humor: You're a smelly pirate hooker!! Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 4:39 pm | |
| WOOOOOOOOOOOOOOOO! Love this year! |
|
 | |
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 5:03 pm | |
| We GOT THE HOUSE!!! Taking bro and sil by to see it now! Sign contracts in morning! _________________  |
|
 | |
snowy Just-Likes-Rubber-Boobies JustErin


Number of posts: 13805 Age: 36 Location: Greenville, SC Humor: WTF Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 5:21 pm | |
| I am so late but  on a new home! I am so excited. Where are the pics? _________________  ]  [img] |
|
 | |
Ginax Skanky Snowy


Number of posts: 15232 Age: 26 Location: Where the wild things are Humor: wrapped around a pole Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 5:22 pm | |
| | JE wrote: | | We GOT THE HOUSE!!! Taking bro and sil by to see it now! Sign contracts in morning! |
OMGGGGGGGGGGGGGGGG!!! You are a HOMEOWNER!!!!!!!!!!!!!!!!!!!!! Congrats!!!!!!!!!!!!!!!!!!  |
|
 | |
Jensational Charismatic Christina


Number of posts: 7729 Age: 32 Location: Raleigh, NC Humor: I have some Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 6:00 pm | |
| Erin that is awesome! When are you closing? Maybe we'll close at the same time! _________________ Jen (32) Brad (40) Penny "dog" (9) William (2) Abigail (2 months) |
|
 | |
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | |
 | |
snowy Just-Likes-Rubber-Boobies JustErin


Number of posts: 13805 Age: 36 Location: Greenville, SC Humor: WTF Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 7:17 pm | |
| |
|
 | |
Christina <3 Sharting Sam


Number of posts: 1539 Age: 32 Location: MASS Registration date: 2008-12-12
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 7:29 pm | |
| OMG So exciting and happy for you! Now the project list never ends  you rock girl! things are looking up!!! PS- I never heard back from you on the insurance crap!!  |
|
 | |
Terri Sweet Shannon


Number of posts: 7403 Age: 32 Location: Sportmans Paradise Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 7:30 pm | |
|  sooooo happy for y'all. this is the beginning of a year of great news for y'all  |
|
 | |
Christy Thoughtful Terri


Number of posts: 3653 Age: 36 Location: Minnesota Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Mon Mar 07, 2011 7:34 pm | |
|  Congratulations Erin! This is so exciting for you!! |
|
 | |
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:17 am | |
|  girls! For those that missed it in the other thread...here's the virtual tour. I'll get more pics for you though. http://www.visualtour.com/shownp.asp?sk=13&t=2366161 We signed the contract today and he's got to send that off and then we get things going! Our realtor is soooooooooooo awesome. There were 4 other people in his office alone that bid on the house and we won!  He told us today that it was a "smokin' hot deal" and he's so glad we got it. It was actually appraised higher than i thought and we have almost $40k INSTANT EQUITY in that house! He said w/ the neighborhood it's in and if we put a little work into it in a few years we can definitely make some money off it if we want to get into something bigger. I feel really good about our decision in getting this house and we can't wait to get busy doing everything! _________________  |
|
 | |
Angie Softhearted Shan


Number of posts: 2786 Age: 38 Location: Southern California Humor: I love to laugh! Registration date: 2008-12-12
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:26 am | |
|  CONGRATULATIONS!!!!! That's so exciting!!! It all happened so fast!!! Have fun painting and decorating!!!! |
|
 | |
snowy Just-Likes-Rubber-Boobies JustErin


Number of posts: 13805 Age: 36 Location: Greenville, SC Humor: WTF Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:02 pm | |
| Sounds like the perfect house for you. People say you just know when you find the right house and it is so true. _________________  ]  [img] |
|
 | |
JE Admin

Number of posts: 9219 Age: 36 Location: Indiana Humor: Check! Registration date: 2008-12-09
 | |
 | |
Jessie That's What She Said


Number of posts: 4216 Age: 31 Location: Louisiana Humor: We dance when there is no music. We drink at funerals. We talk too much, and live too large and, frankly, we’re suspicious of those who don’t Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:06 pm | |
| Precious pic!!!! You will look back on this in fifty years and love it!!!! Hehehe |
|
 | |
snowy Just-Likes-Rubber-Boobies JustErin


Number of posts: 13805 Age: 36 Location: Greenville, SC Humor: WTF Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:07 pm | |
| Love the pic and you seem to have a nice yard. _________________  ]  [img] |
|
 | |
Jensational Charismatic Christina


Number of posts: 7729 Age: 32 Location: Raleigh, NC Humor: I have some Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:34 pm | |
| Erin I love this pic! _________________ Jen (32) Brad (40) Penny "dog" (9) William (2) Abigail (2 months) |
|
 | |
Tara I'd Hit That

Number of posts: 9015 Age: 31 Location: Under your bed Humor: I say what I mean, and I mean what I say. Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:36 pm | |
| ohhhh, i remember it now!!! the red paint was the reminder!! i love it. i think it is going to be a fantastic home for y'all  And yay for it happening so quickly... most HUD homes/foreclosures/etc i'v heard about are nightmares, which scares the death out of me for when we try it!!  _________________ "We know we'll have a baby. And we're going to have the baby we're supposed to have. Whatever baby we end up having will be the right baby. Our baby. And we know that we'll hold that child and think, 'If our journey had been easy, we wouldn't have you.'" --Emily Giffin, Baby Proof  |
|
 | |
JamieLynn Jaw-Dropping Jamie


Number of posts: 767 Age: 31 Location: MI Registration date: 2008-12-10
 | Subject: Re: We put an offer in! Tue Mar 08, 2011 9:42 pm | |
| |
|
 | |
Amber Admirable Angie


Number of posts: 5904 Age: 33 Location: Bluff City, Tennessee Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Wed Mar 09, 2011 12:51 pm | |
| I am sooooo excited for you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
CONGRATS!!!!!!!!! |
|
 | |
nicole Nice Nicole


Number of posts: 4965 Age: 31 Location: Long Island NY Humor: None Registration date: 2008-12-13
 | Subject: Re: We put an offer in! Wed Mar 09, 2011 5:45 pm | |
| |
|
 | |
Samantha Compassionate Christy


Number of posts: 5156 Age: 25 Location: the bayou state Humor: You stay classy San Diego. Im Ron Burgundy??? Registration date: 2008-12-09
 | Subject: Re: We put an offer in! Wed Mar 09, 2011 5:54 pm | |
| Too cute!  I'm so excited for you both! It is a great feeling  |
|
 | |
Meg Thoughtful Terri


Number of posts: 3885 Age: 32 Location: SD CA Baby! Humor: Team Zissou! Registration date: 2008-12-19
 | |
 | |
|