News About the House

We got the appraisal report for the house a couple days ago. Something very rare happened - with very few comparable houses sold in the area, and the price those houses sold for, the house we are buying was appraised for much less than we originally offered. And apparently, the rules are that when a house is appraised for a certain value, the seller cannot sell the house for more than that value.

What this meant for us was that the sellers could either choose to sell the house to us at the lower appraised price, or just take it off the market and not sell it at all. They met with their agent this morning to decide what to do. Oh goodie, pins and needles again!

We waited for our agent to call and tell us what they decided, but finally got impatient and called him a little after 12 this afternoon. The verdict? Drum roll...



















We get to buy the house for $14,000 less than our original offer! Woohoo!!!!!

We feel so very blessed and grateful right now. I know this is probably very hard for the sellers, they've been trying to sell this house for a really long time and we all know the house is really worth so much more than what we're paying, but this reduced price is going to be so much less stressful for us financially. We would have been okay with the original price, but to have the price drop so much is just so incredibly wonderful! Our agent says this is something that rarely ever happens, to have the house appraised for less than the offer, especially so much less. It's just nice to know that Heavenly Father is looking out for us. We really are so blessed!