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Home > The house is officially ours!

The house is officially ours!

September 15th, 2011 at 04:56 pm

Just closed on the deal about an hour ago!!! We officially own the great short sale house now. I'm so excited. I walked through the house this morning with our realtor just to make sure it was still in the same condition and it was. So, after a very smooth closing, we now have the keys to make it our own.

I got some information at closing that I thought was interesting... there was an offer on the house prior to ours. It was for $240k and after a counter here and there, the buyers' last offer to the bank was $280k. The bank at that point just dropped it because they didn't want to play anymore with those buyers. A few weeks later, we appeared in the picture and put in our original offer of $300k. I truly believe our realtor was the reason for our ultimate success with the deal. He suggested we offer a number beginning with a 3 and not a 2 so that we could get the bank's attention... and it worked. We were glad to offer $300k and it made perfect sense not to offend the bank with an offer in the $200's. Months later, the house is now ours for just $305k. Yahoo!

7 Responses to “The house is officially ours!”

  1. MonkeyMama Says:
    1316106691

    It is always amazing to me how psychological games like that work.

    Woohoo!

  2. creditcardfree Says:
    1316107019

    Congratulations!!

  3. Tightwad Kitty Says:
    1316108680

    Congratulations!!

  4. PNW Mom Says:
    1316116089

    Congratulations!

  5. Ladya70 Says:
    1316126704

    I would like to share something with you that a friend shared with me. Take your amortization table and after u make your 1st payment, go ahead and send in the principal amount of payment #2. By doing that you eliminate the interest for payment #2. You will end up shaving off tons of interest over the life of the loan.

  6. Thrifty Ray Says:
    1316134239

    Congrats! Enjoy that new home!

  7. Shiela Says:
    1316157387

    Congrats to you.

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