I was getting a dog adopted at lunch today when my realtor called. I had to call her back after I left there. She said that the first bank had accepted my offer for the short sale house. The problem was that the second bank had lost some paperwork and they hadn't given an answer yet. The first bank set a closing date of Jan. 25th. That means that I can wait for the second bank which would mess up my financing because the lender needs 30 days to process the paperwork, or I can go ahead with the process of inspection and appraisal but lose that money if the second bank says no for some reason.
I think I will go ahead with it. I'll have to find out how much I would lose. If it is less than $1,000 then it would be better than losing the whole house because I couldn't get my loan straightened out in time.
I was starting to think that I wouldn't hear anything for a long time. Now I have switched my thinking back to the house and it is exciting. I guess I won't need to get started on my snake fence. That was going to be my project for the long weekend. Right now I don't want to spend any money at all. I should just have enough to cover the down payment and closing costs and Christmas presents. I think I went a little overboard on the gifts because I didn't think I was going to get the house. Only the necessities from now on! Like, uh, toilet paper because I am about to run out.