Saturday, August 8, 2009

House Purchase

Here's the latest on the house purchase. The bank said they would accept our offer but we couldn't use the 203K loan to fix up the place, we have to have this loan and that they would pay $5,000 towards roof repairs. Now they are saying that we can use the 203K loan but they won't pay the $5,000 to repair the roof. So now we are asking them to reduce the price by $5,000 or pay us $5,000 for the roof. We should hear back Monday or Tuesday if they accept our terms. They did get a cash offer last weekend but went with our offer. Now we just have to pray they don't get any other offers over the weekend.

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