Knock, knock. Who's there? A new homeowner!

My wife and I had been searching for a new home for a few months, and every time we bid, something screwy would happen.

Our first bid came for a house that was on the market for several months. There was no other bids on the home. The same day we bid, three others bid, including one person who didn’t even look at the property. We were the lowest bid, although I have to admit we low-balled it a little.

Our second attempt to buy a house was much more screwy. The homeowners were the relatives of the deceased previous owner. Our bid came in the second day the home was on the market. The homeowners wouldn’t even counter. They told their agent they would wait for full price. Our agent said it’s the first time he’d ever seen this happen. The house sold a few weeks later, but I don’t know what price they got.

Our absolute dream home was another big opportunity missed. And it was the most distressing. We saw the home the evening on the day it was listed. We planned to make a bid that night. Our agent called us before we could make it to his office to inform us it already sold for full price with no requested changes. We were going to offer a few hundred dollars more than full price with the request that a huge satellite be removed from the back yard. What hurt so much about that home was that we didn’t even get a chance. What were our chances of finding a home?

Our bid for a third home was countered, and it looked like we found our house. Then, 15 minutes before we were going to counter their offer, the listing agent called our agent’s office to say the sellers were pulling their offer. Someone offered more than full price while we were considering at what price we’d counter.

Well, at this point, I expected anything, so it didn’t even phase me. We immediately looked at newly available properties in our price range and found one that seemed viable. A little small for the price, but what the hay, we looked.

It was darling – 46 years old, but well maintained, with hardwood floors upstairs and ceramic tile in the basement, and a large back yard, in a beautiful neighborhood. The biggest negatives were the size of the upstairs bedrooms (12x9 and 11x9) and the lack of any carport or garage. But I fell in love with it, and soon my wife was convinced we should make an offer.

We came in $4,400 under the asking price. That evening, my agent called me. He sounded disappointed. He told me they countered. They were asking for a full $10,000 more than the original asking price.

Dumbfounded, I tried to grasp what that meant. I guess they reconsidered and felt that they undervalued the home, he said.

No fuckin’ way, was what I wanted to say. I paced with the phone and looked at Mrs. Clucky, who knew all too well the disappointed look of losing a home.

Then, my agent says, They accepted your offer! I couldn’t just tell you that right away after all we’ve been through.

Never did I want to cuss somebody out so much. But all I could do was smile.

We close on June 22. And we can’t wait.

Congrats! Welcome to the wonderful world of home ownership.

We’re supposed to close on the 30th. What a nerve racking experience this is! I feel for ya!!

Dolores, have ya ever woken up in the middle of the night and wondered if this the right thing, if you’re in over your head, did you pay too much?

And didja ever wake up just thinking about how you’re going to redecorate, how your child(ren) will love the backyard, how you’re going to enjoy living in your own home?

It’s all so overwhelming sometimes.

We are scheduled to close on May 25!

I think we should all get together for a stress party!! hehehe

I know exactly how you feel Clucky. The first two homes my wife and I put offers on were stolen right out from under us. It is so fustrating to fall in love with a home and then realize you can’t get it. But thankfully we finally found our dream house and closed on it April 23.

As a side note for all you guys buying homes, please make sure you purchase a home warranty if one is not already included. One week after moving into my new house a pipe burst in a wall and flooded our entire living room. Luckily we had not unpacked yet so the only thing that got destroyed was the carpeting that we were going to replace in a few months any. Home owners insurance only covered the damages to the flooring but not the repairs to the pipe. Luckily, Mrs. Amp was smart enough to persuade me to get a home warranty that covered all the repairs minus my $75 deductible. So if you have not already done so look into it.

Oh and the overwhelming feeling doesn’t go away even after all is said and done and you’ve moved. Trust me. I still wake up in awe everyday in MY bedroom thinking how lucky I am to have been able to afford a great house at 23.

Age 23, huh? Good job, Amp. Took me another 7 years. At age 23, I was more worried about what the weekend had in store.

A home warranty plan was important to me, too. I insisted on it in any contract we made. Fortunately, these sellers were offering it. The last thing you want is to put a bunch of money out for a home only to have a huge repair to make immediately after.

I’m going with the inspector to look at the house in an hour. It looks like a sound home, but we’ll find out what an experienced inspector thinks of it today. Then, if everything’s fine, I’m giving my landlord notice. Another good feeling.

We’ve been in our condo for nearly 5 months now. My brother, who had bought a townhouse-style condo 4 years ago, was on hand up to the day before the contract signing to make sure we didn’t get in over our heads. Not only is it helpful to have a good realtor, but also an experienced friend or relative.

Our Realtor’s been great. We were lucky when we got him. He’s working as hard for us now as he was before we found a home. He really cares, and that’s the most important characteristic in a Realtor. I will definitely recommend him to friends. I’d definitely get references before choosing a Realtor. I’ve heard horror stories from other people about how their Realtors didn’t know much or work hard enough.

on your 200th post!

[sub]Oh, yeah, and on the home thing, too.[/sub]