Sunday, October 4, 2009

Be Content

To spite some unfavorable news regarding my house offer...I am content. From the start my prayer has been that God will either make this home mine or make me okay if it is not mine. It's looking like it won't be mine and I'm okay.

I knew going into this whole thing that a short sale was risky. I did however believe the seller's realtor when he told me he knew some things we didn't that would make this move quickly and smoothly...my bad. It has been over a month since a made my 'clean' offer (no closing costs requested, no other requests and I offered more than the listing price...yes, I really wanted this place). I followed up last week. My realtor is out of the country so I followed up with her boss. He called me back a couple days later and let me listen to a voice mail from the seller's realtor. Basically the voice mail told me that things were not looking good. He said that one of the banks (two loans are involved) is making requests that the seller is unable to submit to. I have no idea what that means but I'm guessing it means they are losing more money than they want to and they are trying to get some additional money from the sellers. There is a reason they have to sell their place as a short sale but the bank seems confused by that.

I envision that they will now pull the house off the market and move to foreclosure...probably selling for less money than they would have received if they'd accepted my offer. Got to love good business practices.

So, I'm slightly frustrated, but I think it's more about not getting to know the specifics of why the whole transaction is falling apart and the stress of having to make a new decision.

Do I hurry up and find another place (not a short sale this time) and make an offer to ensure that we can close before the December 1 deadline (a friend says she's heard the deadline may get extended which could help me)? Do I skip the whole thing and stay where I am? The more I think about buying the more concerned I am that the whole thing will make me more materialistic than I already want to be (I'll suddenly have a need and more space for things, all sorts of things).

I'm also back to the decisions of house or town home/condo and what area of town. I just don't feel like going through it all again...plus I really am content with God saying 'no' to this one.

2 comments:

Becky said...

Hey Carmen-

So sorry about this mess! But you have a good attitude. :) I know God's got the perfect solution for you. Can't wait to see what it is!

I love the new look of the blog!

Becky

*carrie* said...

Carmen,

As our house-hunting experience showed, I'm sure God must have something even better in store for you!