That big day came and went. We stressed ourselves out completely and waited anxiously for news, and just as we were crawling into bed, we got a phone call from our relator and his news wasn't good.
We bid ten percent over asking price (all our chips on the table, so to speak) and we were still outbid by someone with more money. It was a triple offer scenario, and what we thought was a strong offer and a sure win became the weakest offer on their table.
We had no idea the market was doing an upturn so quickly. It leaves me feeling cheated and raw. I'm fighting thoughts of disapointment, saddness, and frustration as we watch the market creep out from underneath us and what is left is homes we really don't want to invest in at this point. There is more desire out there than houses, driving the prices upward and the couple that won that house probably paid twenty percent over asking price. That asking price was probably five to ten percent over what the value of the house actually is... or was.
I'm taking a break from it all today. I'm grieving a bit, working through my emotions, and then hopefully I'll feel like searching for a house again tomorrow. God has a house in mind for us, and I'm working on learning the lessons he has to teach me and being patient in the mean time.
I'm sorry:(
ReplyDeleteHouse hunting is such an emotional time- never realized that until we bid on a house last year!