Thursday, June 24, 2010

Ensuing Battle

{Photo by Jsome1 Flickr Stream}

hen buying a house, especially in this market and financial times, would you ever think you might have to go to battle with other buyers over the same house? Well ladies and gents we have been negotiating with the FDIC, yes you read that correct, the FDIC over the purchase of a foreclosed home. And today we get the terrible news that another buyer has submitted an offer. Can you add to my stress level please, I'm not sure it is enough with buying a home cross country sight unseen {insert further sarcasm}. As of right now the other buyer's offer is not as good as ours, and we are preparing to go to battle with them if needed. We have agreed to the last offer between the FDIC and us, but now we wait. Buyers have been advised to submit their best offer to the FDIC's agent. So back to the waiting game we go. Our fingers are crossed. I just keep reminding myself to breathe.

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