So the past week has been a whirlwind!
As you know, last weekend we visited Sacramento to view a several homes and se saw that one we wanted just a day after it went on the market and we fell in love.
Our realtor told us there were no other offers so we told her this was the home we were looking for and we wanted it and I went to work on financing and writing an offer letter to the owner.
The next day we found out someone else made an offer, but our realtor advised us to make our offer and the owner would likely counter given the competition but the following day our realtor said the other agent/seller didn’t want a bidding war and just accepted the first offer.
We were absolutely devastated. The realtor said we should submit a backup offer that allows us to purchase if anything happens to the first offer. We did but she also said that 98% of first offers close, and she’s only seen 3-4 back out in her 19 years as a realtor.
Stina was crying all week. She was so sad. Depressed. Hopeless. My father said to write a letter to the owner. I spoke to a realtor friend and they said that is not customary and not really how business is conducted, but that if you wanted that home you should absolutely write the owner.
I had nothing to lose but the house so I wrote the owner a personal email and attached our offer letter and told her we were devastated and that we wanted her home and to consider us if anything happens or if she wants to negotiate within the right of recision window.
The other agent told our agent to tell us to stop emailing the seller lollll 😆
We went to look at houses again yesterday/Saturday and Stina was crying between houses. Nothing that appealed to us at all. And not a lot of inventory to choose from which is expected this time of year. And everything is still expensive even though they weren’t that that nice. And it was a dreamy home and we were not expecting to love it as much as we did.
We were resigned to a long process of waiting for another gem to show up.
We were driving home from a day of touring homes in Sacramento and pulling up to Oma and Opa’s street as they were walking baby michael, and our realtor called me and Christina and I looked at eachother wondering what she had to say and she said she had an interesting development.
She said the previous buyers backed out, that they apparently were trying to salvage a marriage by buying a home, but realized that would not be wise.
The seller said she wanted us to have it. Stina just stopped the car in the middle of the street and started balling her eyes out lol. And ran to hug baby Michael and her parents just over run with joy.
The icing on cake is the owner gave it to us at a discount, and it appraised for more than we are purchasing it for, and the previous buyers already did all the inspections, which we will have available.
And the owner did pest and maintenance inspections already had $17k in maintenance work done and had all the reports that indicated all clear, so everything is move in ready, and we don’t have to spend thousands in inspections and reports etc and we have equity built in already.
We are very stoked!
William Dare 