How do I begin to explain this! It has been a bad week... to say the least. We found out on Monday that our realtor did not have his facts straight about appraisals with a HUD owned home and thus we lost the house. We even asked him specifically about this issue and pointed out in the contract and he assured us that we would be able to get a separate appraisal. He went on to explain the appraisal process, we compared house sales for similar houses in the area to get an idea on how to bid and what the appraisal may come out to be yada yada. Well monday when we went to talk with our lender we learned otherwise and we had to cancel our bid and lose the house. It's sort of complicated but we are very upset and hurt. If we would have lost the house for a legitimate reason that would be one thing but this was not one of those situations.
So where do we go from here? We are going to take some time to recover and decide whats next... included will be a new realtor for sure!!
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2 comments:
Awwww :( I'm so so sorry. That really stinks!! That's saying it mildly anyway. We'll be praying for you guys! <3
Wow... what an ordeal! Just know God has a bunch of blessings in store for you!! Keep looking forward!
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