This week has been incredibly draining. We moved some stuff into our house on Monday night when we arrived, and then spent Tuesday hanging curtains and fixing the place up. Then, on Wednesday we found out that the appraisal didn't match the asking price. We were agonized over whether or not we should pay more than the appraised value, but we decided not to have our furniture delivered. This evening we sent a letter to the sellers telling them that if they didn't lower the price we'd back out of the deal, and they said they wouldn't, so we exercised our appraisal contingency and moved back out of the house and took all our stuff -- including our cars -- to a hotel. So now we need to cancel the house insurance and all the utilities, as well as find a new house. We've got a great lead that we're looking into, but we're just unbelievably exhausted. Plus, tomorrow is my first day at my new job.
Anyway, that only begins to cover the drama. The listing agent apparently lied to us about various lawsuits that had been filed within the subdivision that would directly affect the value of the property we were going to buy. She lied to us about having another offer on the house and tried to pressure us into moving quickly. She assured us that the house would appraise for the right amount and tried to convince us to drop the appraisal rider before we moved in. Etc. What a nightmare. Anyway, we're back in a hotel again, with our dog, and just hoping to make the next attempted purchase work better than this one did. Pray for us!
Hey, that is really rotten. I hope that things work out for you... I will indeed pray for you!
Just said a prayer for you. Will keep you guys in my prayers.
I'm really sorry to hear all that. As if this move hasn't been hard enough for you guys.
Just think, in a short (albeit inconvenient and difficult) while you will be all settled in, able to relax and to start exploring your new surroundings. All while working for the coolest company on the planet. (No, not Google).
I think I speak for all your loyal readers when I say I really appreciate that, despite all this inconvenience, you find the time to fill us in.
Hang in there!
I know how stressful it is buying your first house. I can't imagine having to do it with the pressure you're under. Hang in there! I'll pray for y'all!
That sucks. Good look with the continuing search. Consider the new build you asked about before if it's still available. Our third and current home is a new build, and I have to say there's something really cool about knowing that your house has never been anyone else's.
And why are you protecting this listing agent's identity?
I'm so glad you didn't reward those cheaters with your hard-earned money.
Suzie: Second house, actually.
TML: Because we're still waiting to get all the signatures for us to withdraw from the contract smoothly.
Hi Michael..sorry to hear about your experiences, thats awful that that happened to you. Best of luck with finding another home. Have you guys considered renting for awhile? It'll give you a better lay of the land and reduce the stress of having to find another home to buy with its associated headaches of getting a mortgage, appraisal, etc. while living out of a hotel.