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Home > The house is officially ours!

The house is officially ours!

September 15th, 2011 at 05:56 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!

8 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.

  8. Jerry Says:
    1316424297

    It sounds like you have a really excellent realtor on your side who was able to lead you in the right direction for this purchase... congratulations! And you now have the insurance of owning the house you really wanted, too, so that is just awesome. Well done!
    Jerry

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