Bank came back and denied our offer on the house.
The selling agent asked if there was anything we could do and the bank replied that we need to raise our price by $20,000.
Stephen and I are weighing our options.
We feel if we raise our offer, we are paying slightly more for this home than it is worth (comparing comps in the neighborhood) and that we are also pushing our limit financially.
If we counter, we could lose the house and have to start looking again.
Prayers appreciated as we make these decisions.
1 comment:
Good grief! Why the hell do they need to wait that long to tell you no?! I'm so sorry guys - we'll definitely keep you in our prayers.
- Tracy
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