On Monday morning I drove out to Sherwood and looked at a four bedroom house. It was definitely the nicest house I had seen in Sherwood. Chanel and I decided to put an offer on it. We were aggressive and asked the seller to cover all the closing costs. In the contract we told the sellers they had until 5pm Tuesday to get back to us.
So Tuesday afternoon rolled around and we hadn't heard anything. We assumed that meant they weren't going to entertain our offer, so we decided to check out some houses in Vancouver. We found a HUGE house and decided that since the Sherwood people never got back to us we'd pursue the Vancouver home. Later that night our Oregon Realtor told us we'd have an answer by Wednesday morning. We said fine, but we were all set to buy the Vancouver home.
On Wednesday morning our Washington Realtor said she heard two other offers were coming in on the Vancouver house, and one of them was for full asking price and zero closing costs assistance. If we were to match that offer we would have had to bring a lot of money to closing. The bonus with the Sherwood home was the fact it qualifies for a USDA mortgage, which requires zero down.
Also on Wednesday morning we were told the Sherwood owners countered with a very acceptable offer: raise the price of the home a bit and they'd cover closing costs 100%.
We chose Sherwood. Later in the day our Washington Realtor told us the other offer on the Vancouver home fell through, but by then we had decided to stick with Sherwood, even though our mortgage would be a bit more.
What a relief! We finally found a home. What an answer to several prayers, offered by us and several friends and family members.
Yesterday our Realtor provided us with an inspection report done on the home in early July. Some of the findings freaked us out, the most troubling was the fact that raccoon had found a way to get into the crawlspace! Wow, that really freaked me out. We heard today that their entrance point had been sealed up. That's a relief.
This morning I signed the mortgage paperwork. Next Wednesday the inspector is going to do a follow-up report for us. We also have a mold specialist coming in to make sure there is no mold in the house.
It has been a busy couple weeks, but everything is falling into place so nicely for us! We may even be able to rent the house we are buying in Sherwood until our closing is final.
Now my focus will be on Chanel. She is flying up for a weekend visit, and I am crazy excited!
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