(Closed) We Lost the House

posted 6 years ago in Home
Post # 3
Member
9482 posts
Buzzing Beekeeper
  • Wedding: October 2012

@MrsBroccoli:  I’m sorry to hear.  I wish you the best of luck.

Post # 4
Member
14656 posts
Honey Beekeeper
  • Wedding: June 2011

Oh wow!  That stinks… sorry to hear.  That must be a really hard decision for them to make as well. 

Post # 5
Member
204 posts
Helper bee
  • Wedding: August 2012

Lame.

Post # 6
Member
420 posts
Helper bee
  • Wedding: January 2013

I’m sorry, that’s a lame situation for everyone involved. At least there’s always another house, and this one looks beautiful! 🙂

Post # 7
Member
7311 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

Sorry your first deal didn’t work out. Hopefully the 2nd try will go better. 🙂

Post # 8
Member
2777 posts
Sugar bee
  • Wedding: July 2013

This just happened to me too.  Ours appraised at 12K less and the sellers wouldn’t budge.  We started looking again and then I lost my job so we are staying in our tiny studio apartment for now.  Bummer is the mortgage there would have been less than rent here.

Your new house looks awesome and I hope that worked out for you. 🙂

Post # 10
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@MrsBroccoli:  That’s funny.  My lender told me that the appraisers that they usually hire go in there with the dollar amount already in their heads so they are trying to get the appraisal to around that amount of money.  Even though it’s shady, it makes sense since I’m sure lenders don’t want to get to that point and have a lot of stuff fall through on bad appraisals.

Our appraisal actually came back at $5k less than the offer as well even though that was ridiculously low compared to comps.  We think the appraiser had the wrong number in his head but oh well, our gain.

Post # 11
Member
4324 posts
Honey bee
  • Wedding: January 1992

@MrsBroccoli:  Would this be Columbia, by chance? 

Nice house, btw!!! 

Post # 13
Member
4324 posts
Honey bee
  • Wedding: January 1992

@MrsBroccoli:  Ha! Small world. I live in Columbia now, and when we were house-shopping, we briefly considered one of those condominiums across from the mall too.  But I grew up in Laurel. I thought maybe that house could have been at the golf course in Laurel, but I think those houses are a bit smaller. 

I think I know where you’re talking about…. near that Murikirk area, O’Dell and all that on the Beltsville / Laurel line? I could be wrong. I just snooped at the actual house you did get on your other thread, and it’s to die for! 

Post # 15
Member
4324 posts
Honey bee
  • Wedding: January 1992

@MrsBroccoli:  Aww, Konterra looks pretty cool! I just peeked at it; my town is certainly growing up fast. When I was a kid, it was a small town and everyone knew everyone else somehow. Not so much today. I’m glad to see some upscale projects are coming back, because things haven’t been going so well the past decade to 15 years perhaps. 

I agree with the condo prices over near the Columbia mall. Ultimately that’s what dissuaded us from getting one of those, because our house was neighboring in the same price range, but we didn’t have irritating neighbors to listen to through the walls. I think we really lucked out; we bought from a recently widowed woman, who was just looking to offload her too-big-for-her house. We snatched it up just 12 days after it went on the market. I wonder if our proximity to Konterra will help us too? 

 Have you been to Maryland Live Casino yet? I’ve heard it’s been quite the attraction since it opened up about two weeks ago. 

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