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Regular Contributor
vabound
Posts: 147
Registered: ‎03-21-2012

Re: Found a Home we love....funny story

not sure how this will work out for us.  The listing agent is working on getting our offer in front of Fannie Mae however he said that they have already turned down an offer of $185k so they will probably not be receptive to ours and allow the home to go through with the auction.  The highest bid right now is $90k which is still lower than our offer    and the auction ends sunday.  In the meantime I think we will go to some open houses and go back to another home we were interested in.       

Starting Scores:TU/513 EQ/484 EXP/513 3/2012 (lender pull)
Current Scores:TU/681 EQ/637 EXP/613 11/2012 (lender pull)
Goal:700 across the board
Valued Contributor
IOBA
Posts: 2,658
Registered: ‎08-13-2009

Re: Found a Home we love....funny story

It's Sunday...hopefully you will have great news tomorrow morning!  :smileyhappy:

New Member
Katherine1
Posts: 5
Registered: ‎10-16-2012

Re: Found a Home we love....funny story

Hi,

I want to know, what happened at the end. Fingers crossed!

Feeling good to be here!
Regular Contributor
scmami
Posts: 195
Registered: ‎01-05-2012

Re: Found a Home we love....funny story

I would love to know too!
Starting FICOs (2/2012): EQ 559 TU 558
Current FICOs (EX and TU Lender pulled 10/6/12): EQ 652 TU 635 EX 647
Matthew 7:1 KJV
Judge not, that ye be not judged.
Regular Contributor
vabound
Posts: 147
Registered: ‎03-21-2012

Re: Found a Home we love....funny story

Just realized you guys were waiting.....as itturned out, Fannie Mae never saw our offer because the listing agent s contract expired.  We watched that auction all weekend and the highest bid was $162k which Fannie Mae did not accept.  we were willing to offer $172k but there was no way to get an offer on the table.  They will continue to auction the house until it sells I guess.  In the meantime we found another home for $185k  with  lower taxes in a great school district. We offered full asking price with 6%sellers assist today and our realtor said the listing agent was excited!!! We shall see.......

Starting Scores:TU/513 EQ/484 EXP/513 3/2012 (lender pull)
Current Scores:TU/681 EQ/637 EXP/613 11/2012 (lender pull)
Goal:700 across the board

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