Liane decides she wants to get the train moving. The house to me, well....it's a nice enough house, but it has some fairly significant faults in my mind. She likes it, and likes the price. And I have to admit that if we get it for as low of a number as I think may be possible (considering it's a short sale) then it would be almost too good of a deal to pass up.
So....we put in an offer last night -- a pretty lowball one. It has to get past the owners first, who may or may not be in a situation where they have to pay the difference, which would greatly affect their reception of such a low offer. If it does get past them it has to go to the bank. The bank has a set process for how they determine the value. If our offer fits within those parameters then the deal is done. If not, they may counter, but are just as likely to just reject it.
We'll see. At this point we've started something that isn't going to be stopped until all of this comes to light. Yikes!
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