So we made an offer on a house on Halloween. It was one that we had been looking at for a while. This house has everything we were looking for....plus a lot of work that needed to be done. But the actual layout and structure of the house was great!
We put in an offer that was definitely lower than the seller's asking price, simply because the house did need so much work on the inside. Turns out that they've borrowed SO much against their house that they need it to sell for a certain amount just to break even. They ended up coutering back at about $30,000 more than what we offered, and that just won't cut it!
It's a total bummer that we'll have to walk away from this house, but there is no way that we'll be able to satisfy them...and us...with a decent price on the home. Darn!
For now we'll stay where we are and continue our search. I'm sure we'll find the right house, or it'll find us!!