Well, August 6, 2009 has arrived and we are NOT the proud owners of a new home. As it turns out, the sellers had too many liens on the house and were about to go into foreclosure - but they didn't tell their realtor. Obviously they thought that maybe if no one knew about their debt, then it would just go away! They told us they would try to work something out so we could still close on the house, but needless to say it didn't happen.
The reasons we are in a bind now are threefold:
ONE - We have to be out of our apartment by August 31 because we had to give our notice.
TWO - We don't have enough time to close on another house at this point and still be out of our apartment on time.
THREE - We are out $320 for the home inspection, and $440 for the appraisal. That's money we don't get back. Not now, not ever. There has been some debate as to whether the realtor is liable for this since it's his client that was dishonest. I'm still not entirely sure, but I do know that $760 is a lot of money to just throw away.
So we begin the house hunt again. LUCKILY, we live in a rockin' apartment complex (The Remington) and they are able to extend our lease for 1 month, even though they've already leased our apartment to someone else starting in October. So we have an extra month to find something, which is a little less bad.
God has a plan!
P.S. Does anyone have a washer and dryer they are looking to sell? Our leasing company is coming to pick ours up on Monday because we thought we were moving. Awesome.
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