I began the day with great anticipation…
The bank is going to make their decision regarding the house.
At about 9:00, I received an e-mail from our realtor…
She still had not received the approval letter from the vendor!?!?!?
I called him…no answer…I left a message
When I hung up, I thought, “I am not going to let something small like this prevent me from accessing such a great opportunity.” But, what can I do?
I hopped in the car and headed to the bank branch in Overland Park where he works. I figured that if he wasn’t there, someone else might be able to help me or at least they would know how to get in touch with him in an emergency…and in my mind, this qualifies!
About six minutes into the drive, my realtor called again.
“I just got the letter and am sending your offer over to the listing agent right now.”
Back to waiting…
At 1:30, she called back…
“Well, they received seven offers on the property…
and they rejected three…
Yours is one of the four that made it through.
(that is good news!) They will need a best and final from you by 4:00.”
I wonder if she watches American Idol? I don’t think she could have presented the “good news” in a more suspense filled manner if she tried.
So, my success immediately presented a problem…
How do you make a best and final offer? The listing price is more than $30K below its appraised value…
“What will the other people offer?…
Only God knows that…and He’s not telling!
How high should I go? What is the best strategy?
The longer I thought about it, the more difficult it became. So, I just did what I did on the first round…
I went with the number that rose up on the inside of me the moment I heard the words “best and final”.
If we lose, we lose…
We’ll see what happens…
