Well, we made an offer on another house a couple weeks ago.
It was the messiest short sale known to man, and it was a long shot that we
would ever get the property, but we felt like we were meant to live in that
house and that we had to give it all we could. So, after knocking on doors of
complete strangers, cold calling the sellers, filling out mountains of
paperwork, signing ridiculous addendums that basically asked for my first born
child, promising lots and lots of money, getting really mad at stupid lawyers,
begging, pleading, and praying… I was convinced that a miracle was going to
occur. It had to. It was meant to. I had spiritual confirmation. I felt differently about this house than all of the others. I felt good about the others and I would have been very happy had we got them, but this one felt "right" in a way that the others didn't. I believed this was the
reason that none of the other houses have worked out. This was the “plan” all
along.
And then… it wasn’t. We didn’t even get past the sellers,
let alone get our offer presented to the bank. We offered 15,000 over list
price, and 10,000 more than the next highest offer, but the next highest offer
was cash (and probably represented by someone at the realty firm handling the
sale), so we were DOA. End of story.
Holy crap. I did everything I could possibly think of to do to get that house. I did everything I was inspired to do. I tapped myself out. And it wasn't enough. I don’t even know what to say about it. I mean, I
know what I want to say, but then you would think less of me, so I’ll just say
that the whole thing was very… unsettling.
I was in denial about it for several days. Then I was very depressed.
Now I’m just sort of fed up.
This house hunting thing has been a nightmare. Yes, I’m being a little picky about what we buy, but we plan
to spend quite a bit of money and the next 8-10 years of our life in this house
so we need to be a little picky. And picky is different than unrealistic. Our expectations are not ridiculous.
Yes, my budget is not huge—we are not a dual income family
and contrary to popular belief, fire fighters do not make bank—but our budget
is reasonable for what we want.
Yes, our first choice target area is small, but we are
also looking at places on the south side of the valley all the way from Las Vegas
Boulevard to Boulder Highway and everything in between. That's a pretty big area.
But really, there are not that many houses for sale. There
are fewer that meet our criteria and price range. There are few that stay on
the market for more than a few days. The few houses that we have been serious enough
about to make offers on have all gone to cash buyers. It is not a buyer’s
market. And I don’t see any of that changing anytime soon. Prices are not going
down. Interest rates are not going down. Inventory may go up come spring, but
so will competition as even more buyers enter the marketplace.
We have two friends who live in our target area who both
recently sold their houses. They listed them for much higher than they expected
to get, and both sold to cash investors for full list price within 2 days. The
buyers even paid all closing costs and let them rent the place back on a month
to month basis. So now they are free to sit in their house with their pile of
money and not move until they find something new. That’s what we’re up against
right now. Maddening as it is, I see why sellers don’t want to take our offers.
So, I don’t know what to do. There is nothing currently
listed that I want to buy. (I mean, of course there are amazing houses out
there, but as far as ones that fit my budget and will work for our current
needs and are not just plain awful… well, there's nothing).
I can sit here and wait for something great to come on the
market, but I really think that if we love it, a million other people will too,
there will be multiple offers, probably there will be a cash offer or two, and
we will get rejected again. And I can’t keep doing this over and over.
I feel like an insane person… I keep doing the same things
and expecting different results. I don’t have much hope that we will get the
outcome we want doing what we’ve been doing. But I can’t do anything else. I
will never be a cash buyer. I cannot increase my budget. I’m not going to buy something
I hate. So, now what?
I feel like the only way I am going to get an offer accepted
is to either know the seller ahead of time and know that they have agreed to
sell to me and no one else or to buy something brand new from the builder where
there is no competition. Of course I like the idea of new construction (Brand
new! Clean! Designed by me!), but there is no new construction in our area that
we can afford.
There is, however, some new construction back in the
Southwest part of town (where we just moved from). So, I started thinking…
maybe we should go back! It’s sad because the main two reasons we moved were to 1)
get a little bigger, nicer place and 2) be closer to our families in Henderson
and Sonnet’s school in Green Valley. So, we’d be giving up one of our big requirements and that
feels like a major sacrifice.
But, we’d have a house.
And I have friends in the southwest. And there are good
wards. And good places to eat. And lots less traffic. And I did love it there.
I just felt like we belonged in Henderson. But, apparently Henderson doesn’t
share my sentiments. I’m sick of trying to get in the club. I just want a home.
It’s been 6 months since we sold our house. 6 months is a
long time for me to be in limbo. I hate it. I really do. It's just not what I intended and I don't feel good about it. And even if we go buy
something today, we’re still looking at 2-4 months before we get in it. Which
means by the time all of this is said and done, I will have spent waaaaaay longer
being displaced than I ever wanted to.
I had no idea buying a house would be
this hard. Sometimes I wonder if I'm just crazy. No one else seems to be having this experience. But I don't know what to do other than what I'm doing. So... I’m just not really sure what to do now.
And that's my house story for now. Someday, (I think! I hope!) I will tell one with a happy ending. Right?