Hurry Up and Wait

So the bank finally responded with a counter to our offer just prior to Christmas. It's bizarre to me that they can take a month or more to do this and then demand a response within a week, especially right at Christmas. Makes me want to walk away just on principle. But whatever. Their offer was substantially higher than I'd be willing to go, but we did counter with something several thousand dollars above our initial offer. We told them it was our "final" offer, for whatever that's worth. The realtor thought that would be a good idea, so we don't have to continue to go back and forth as there is still a substantial gap between our two figures. So we'll see what happens. It's time for them to make a choice between letting it go into foreclosure or getting out from under it now. If they can't meet our price I will be disappointed, but ready to resume the search in earnest in the spring.

Still No Word

Liane has heard a couple of trickles of information through our realtor. It sounds like there may end up being some type of counter offer from the bank, but don't know for sure. Not sure I feel very encouraged by this news. I'm just not willing to pay much more for this house. Part of me almost wishes the offer will be unacceptably high, so we can just push it off the table and move on. I'm just not sure I will be happy there.

But lets not get the cart before the horse. We don't really know anything yet. And I'm in no particular hurry. Meanwhile the news I read has nothing good to say about the short term future of the real estate market.

Sometimes I wish we could just stay put.