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OMG, we put in an offer for a house! AHHHHHHHHHHHH

posted 2 years ago in Home
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    1.
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    Honey bee
    KLP2010    October 30, 2010  

    So, yesterday, we went out house looking for the first time ever. I've gone house hunting to lease before, but never to purchase. Anyways, our "number 1" from the 15 or so we saw was a rough gem in need of some polish in a GREAT neighborhood and location.

    It's a foreclosure, so it does need some cosmetic work, but doesn't seem like anything major. It even has a recently new roof and windows!

    So, we went to go look at it today for a 2nd time (knowing places go quick!) with FFIL and when we got there our relator goes "so, uh... just so you know, there was an offer on the house at $10,000 under the asking price."

    Ahhhhhhhh, heart panick then. It wasn't accepted and they were willing to take our offer into consideration if we were to make one today essentially.. ahhhhh, heart thumping overload!

    Well, we looked through it, FFIL agreed it was a great floor plan, needed the cosmetic help, but great bones and potential.  Up to date homes in the neighborhood are selling for $50,000 more.

    Well, we went to the FIL's house which is conveniently down the street and crunched numbers.  It's still in the higher range of what we were looking at, but after crunching numbers we came to a decision, and that was that we'd be paying the same thing for a potentially less house. 

    This house has EVERYTHING we wanted and didn't think we could get, and MORE! It's the kind of house we can buy now, have multiple kids in, and be OK till we're old and gray.  It's so much more than I ever expected in a first home here... and in our market. And a much better neighborhood. 

    It's not a guarantee we'll get it... and we know if we don't God has something better in store for us... so if we don't get it I don't think I'll be completely crushed, but the bar has been set high.

    I'm tempted not to include pics, but I might as well, right? Keep in mind this is a foreclosure. Most that we looked at were in pitiful condition! 

     

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360059000 2f67c799eb M Front  

    Great Room

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359321577 A407170972 M Great Room

    Dining Room

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360065872 Acc96fda2e M Dining Room

    Main stairs with Great room on left, dining on right

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359329143 F088c4b47a M main stairs

    kitchen

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359330925 F11773142f M Kitchen

    half bath

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360074558 A16b7e0797 M Half Bath downstairs

    Mud / Utility room (be still my heart!) needs non-blue paint, lol OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360078018 B796df9577 M Mud Room - Utility

    FROG - or 4th bedroom. The room in most need of help. Most likely my studio... after some remodeling. 

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360089646 8985d5b4b2 M FROG

    Family Room from eat in kitchen

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359354249 31b7ab2f1d M Family Room

    family room from back of it, there's a hallway to the front and great room behind my right shoulder

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360095098 79ee1cc14a M Family Room

    Full shared bath upstairs

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359359217 2bbd6f7d1e M Full shared bath upstairs

    bedroom 3

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359360901 F71a99583c M Bedroom 2

    bedroom 2

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359367173 82d57d58e6 M Bedroom 1

    Master closet number 1! I didn't take a picture of the 2nd but it's a "normal" sized closet in addition to this!

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360108352 1259863fa8 M master closet

    Master bath, this needs a lot of repair. The sink unit is in good condition, but, the floor needs to be replaced. The tile was done badly, no one wiped the grout off the tile tops so around the toilet it's covered in grout... ick

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359373171 4d6f89ee7b M Master Bath

    Awesome back deck for entertaining, great sized yard too! OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4359379259 F000af6430 M Deck

     

    So, say some prayers that Gods will be done if it's meant to be ours, so scary! I've never seen my FI so nervous! lol. I'm the spontaneous one and even I was nervous and felt rushed, etc. The thing is, it just hit the market Saturday, and there's already an offer before ours! lol, this is going to be crazy if we don't get this one... Now, to wait...

     
    2.
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    Bumble bee
    Ms. Caniche    September 18, 2010   Orange County, CA

    Congrats!!!!  I hope that you get it!

     
    3.
    5,478 posts
    Bee Keeper
    lilyfaith    June 23, 2012   Lakeview, Chicago

    That's so pretty! I love the kitchen, and it sounds like a great deal. I'll be sending good thoughts your way. :) 

     
    4.
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    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    Ms. Caniche, love your name! I have a Caniche Royal to enjoy that backyard if we get it!

    Thanks, y'all! I don't know if i can sleep tonight, lol... and we might not even know for a few days... whew... deep breaths!

     
    5.
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    2,050 posts
    Buzzing bee
    Anonymous      

    Wow! Great house, I hope you get it!

     
    6.
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    2,051 posts
    Buzzing bee
    babyboo      

    Crossing my fingers for you! :)

     
    7.
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    Honey bee
    KLP2010    October 30, 2010  

    thanks!

     
    8.
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    489 posts
    Helper bee
    MissDW    November 25, 2012   Colorado

    that is so exciting! Let us know what happens!

     

     

    Oh and it is really cute! I think with some minor touch ups it will be an amazing loooking house!

     
    9.
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    3,751 posts
    Honey bee
    ccranetobe    August 14, 2010  

    love the house, and so exciting! good luck!

     
    10.
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    Busy bee
    maisymay    December 19, 2009   morgan hill, ca

    wow wow wow, even knowing it needs work, it's beautiful. good luck, we'll pray for it all to work out for you!

     
    11.
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    Sugar bee
    Blueshoes2    June 2010   PA

    Wow, it looks awesome!  That's very exciting, I hope everything works out for you!

     
    12.
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    Bumble bee
    jhphi    January 1, 2008  

    That looks great-- tons of space!  Congratulations for finding a house you love-- and I'll keep my fingers crossed that it goes the way you'd like!

     
    13.
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    Sugar bee
    MsMamaBear       Atlanta

    Congrats! It looks great! I hope y'all hear back soon. I hope you can concentrate until you hear back.LOL

     
    14.
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    Sugar bee
    msmonicka    June 19, 2010   Milwaukee, Wisconsin

    Forclosure!! That house is awesome!! >>>insert crossing of fingers here<<<

     
    15.
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    Honey bee
    OttawaBride2011    May 21, 2011   Ottawa, Ontario

    Wow what a cute house!!! I really hope you get it and if you do, I can't wait to see what you do with it :)

     
    16.
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    Buzzing
    Beekeeper
    CorgiTales    February 1, 2011  

    It is BEAUTIFUL!!! Congrats and good luck!

     
    17.
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    3,006 posts
    Sugar bee
    littlemissmoo    July 18, 2010   London, UK

    Gorgeous house! Man, I wish we had houses like that over here. Seriously. There's just so much space! I'm keeping my fingers crossed for you.

     
    18.
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    4,075 posts
    Honey bee
    Amaryllis    July 2, 2011  

    That is considered in bad condition? It's nicer than most of the houses I lived in growing up. The colors in that one room are a lot to handle at once, though, and I would want to fix the grout, too. But to hear you talk about it, I was expecting like holes in the wall and stuff. It looks like a great house; I hope they accept your offer!

     
    19.
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    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    littlemissmoo - My parents live in London, I COMPLETELY understand what you are saying and you are completely right!  Lol, my PARENTS even wish they had space like this there!  but, this house couldn't even pay for a flat anywhere within London... the worst of the worst this couldn't buy :-) The cost to live in london and what you would get for your money would give most americans a financial heart attack, lol! Especially if you're using the USD :-o

    Thanks again everyone, I hope we did the right thing! oh, waiting will be hard!

    OK, my pictures make is look a bit nicer than it is ;-) The railing and banister have chunks out of them and will need to be replaced, there's a doorframe that looks like this...

    OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 4360106816 Afe2d170a1 Goofy fix

    Yup, that's staples and gorilla glue or something holding it together. On the inside it's completely cracked as is the dry wall so hopefully this doesn't have structural issues, we don't think so, but it needs to be replaced. The master shower is "livable" but not for long, lol. ALL the floors except front entry, kitchen, mudroom, and half bath need replacing. So basically 3/4 of the house needs new floors... and yes... lots and LOTS of paint! Oh, we also would need a whole new door, haha.

    The front porch isn't in good condition either. It looks fine from the sidewalk, but it needs to be completely sanded down and repainted or replaced. The top trim of the house and the shutters need to be replaced as well.

    There is evidence of possible termite issues, and the garage door and frame around it need to be replaced. There is also no automatic garage door opener! lol, that will need to be added.

    The deck needs some powerwashing and sealing, and will probably need replacing in a few years. Were going to have to replace the latice work around in right away... 

    So, I mean, while there's loads of minor things... overall, ya... most foreclosures we saw did have giant holes in the walls, downed fences, gouges in kitchen cabinets, etc.

     

     
    20.
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    4,075 posts
    Honey bee
    Amaryllis    July 2, 2011  

    Is there anything Gorilla Glue (and/or duct tape) can't fix? I giggled at that picture, though I am sorry because it will not be funny when you have to fix it!

    Hopefully the home inspection goes well and no termites or structural issues!

     
    21.
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    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    Oh, laugh all you want, that was the whole reason I took the picture! lol... I mean... REALLY? Who calls that a "fix!?" lol I did laugh out loud when I saw that, haha.

     
    22.
    5,478 posts
    Bee Keeper
    lilyfaith    June 23, 2012   Lakeview, Chicago

    Haha, I kid you not, that "fix" looks exactly like the last house my parents bought. The previous owner was obsessed with duct tape for everything. We were finding duct tape for months! In the ceilings, around pipes, on the trim, on the banisters, on the stairs themselves... it never ended. 

     
    23.
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    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    Well, then... in that case, scratch replacing the banisters off the list becasue I'm sure I can sturdy them up with some good ol fashioned duct tape! lol, that's so funny that it kept re-appearing!

    I'll have to tell the home inspector if we make it that far to check for staples, glue, and duct tape fixes :-)

     
    24.
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    Honey bee
    OttawaBride2011    May 21, 2011   Ottawa, Ontario

    @KLP - I hope you'll be getting an inspection? Just to make sure there aren't any major problems you missed!!

     
    25.
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    1,365 posts
    Bumble bee
    Vitsippa    October 10, 2010  

    I love the gorilla glue picture! Staples ... that's great! But teasing aside, I really hope you get the house! It's gorgeous! I'm crossing my fingers for you. When will you know?

     
    26.
    1,681 posts
    Bumble bee
    Soon2beeMrsM    October 2010   NY

    Looks great! A few cosmetic things but unless you build your dream house you are going to buy one with cosmetic issues (we had/have many that we are still fixing to our liking!) GOOD LUCK! Let us know what happens!!!

     
    27.
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    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    Well, I just had to run over to our relator's office... The offers been submitted, but another offer was submitted last night and we don't know what that offer was... Soooooooooo

    not feeling too confident right now...

    We put in a offer $5k over the 1st and $4999k under the asking... plus closing costs.. so there's so many what ifs...

    ... what if the other person put in at $3k over the first? what if they also did $5k but without closing costs... etc... 

    not looking promising :-( now I'm more anxious just to know... lol. Just tell me if I need to keep looking or planning color schemes.. haha

     
    28.
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    Buzzing bee
    thefuturemrsjewell    August 7, 2010   Washington DC

    good luck!  can't wait to hear if you got your house....

     
    29.
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    2,842 posts
    Sugar bee
    jingle96    May 28, 2010   DW in ARUBA/livin' in VA

    Ah man!!  I hope it works in your favor!!  Good luck and keep us updated!

     
    30.
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    Helper bee
    pennednpapered    September 18, 2010   Alabama

    Keeping my fingers crossed that you get it!

     
    31.
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    Honey bee
    Gerbera    August 7, 2010   NY

    I LOVE the size of the kitchen!!
    That house looks great for a foreclosure!
    The back deck is very promising!!

    Best of luck!!!

     
    32.
    Member
    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    Thanks everyone, I'm really not feeling too confident right now... :-/

    Oh well, whatever happens, happens. If not this one, we'll find one.. 

     
    33.
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    Bee Keeper
    Sulli301    June 26, 2010   Michigan

    so cute :)

    hope you get it!

     
    34.
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    Bee Keeper
    Sulli301    June 26, 2010   Michigan

    awwe I just read futher down...good luck hun! My Fingers are crossed for you :)

     
    35.
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    Honey bee
    KLP2010    October 30, 2010  

    Thanks, I know, crazy right! Well, I talked to the relator and asked if we should change our offer, he said he didn't think so, that much higher we'd be out pricing ourselves or something, but... i also don't want to loose the house because we didn't want to pay an extra $30/month or something.. ya know? Also makes me wonder, does he really know and he promised not to tell us? Like, maybe the 2nd offer was for 2 or 3k over the 1st... and since ours was 5k over the first offer we'll get it?

    Ahh, too many what ifs! I just want to know and I bet it takes a few days :-(

     
    36.
    5,478 posts
    Bee Keeper
    lilyfaith    June 23, 2012   Lakeview, Chicago

    Every time I see this post pop up I wonder if you've heard back... it's so suspenseful! 

     
    37.
    Member
    4,199 posts
    Honey bee
    KLP2010    October 30, 2010  

    lol - YOU think it's suspensful! I'm trying really hard not to start debating paint colors or look up flooring and appliances, etc... even the moulding that needs replacing, etc... haha

     
    38.
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    Helper bee
    Sarah71710    July 17, 2010   Colorado

    I think it looks like a beautiful home, and nothing a little sweat and help from your local Home Depot/Lowes/ACE can't make shine.

    KLP - Just a couple thoughts: from my experience with banks they could have you both resubmit if you are within a certain range (bidding war, anyone?). If you are more qualified for the home or if you are an actual homeowner vs someone that wants to flip the house they will often go with a lower priced offer that's a real H/O. Banks don't like competition for the other homes on the block they own and don't want the house coming back on the market. I'm sure your agent doesn't know more than you do - it's not in their interest to keep anything from you that won't make them more money, like having you move on to a different house if the other offer really is that much better.

    I have my fingers crossed for you!

     
    39.
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    Honey bee
    caszos    June 2010   Florida

    Ahh I SO feel your pain!  We went through the same thing when looking for a house.  We found a foreclosure that was originally lisetd for like $400K and was asking $235K.  We wrote up our offer at $225.  That Monday, we heard there was another offer on the table, so we raised ours to $230.  The other bidders offered $235.  They never gave us an option to re-offer.

    In the end we found another house for sale and bought it a month later.  We got an even better price.  Looking back, the other house was not meant to be.  We love our floorplan and yard so much more than the other house. 

    Keep us updated!

     

    Because I love our house and my dog, I thought I would share my picture! OMG, we put in an offer for a house! AHHHHHHHHHHHH :  wedding 7235 981500268483 5210151 55140701 3345201 N

     
    40.
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    Sugar bee
    MsMamaBear       Atlanta

    Aww. Don't worry!! Just be patient, not that I can tell ANYONE that.LOL I put in an offer last week and am still waiting to hear back.(Short sale, so I may be waiting a while.)

    Good luck and be patient!

     

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