So we made an offer on the house with a pre-approval letter as per the bank's instructions. The bank (a bank owns the house) turned it down because the pre-approval letter was not from their own bank. Then we went through the process again and submitted an offer with their letter. They turned it down. Then we submitted a higher offer. They turned it down. Then we submitted a new higher offer. They turned it down and commented... "We haven't really had an issue with the money you have been offering, we just can't consider your offers in the form they are presented."
Yea. Thanks for the heads up on that.
So I guess we are back to square one.
We presented a new offer, with the correct pre-approval letter, in the correct form. What will go wrong tomorrow?
The saga continues.
Actually we aren't that frustrated. I have a peace about the whole thing. If this isn't the house for us, then we'll just look for another. We probably won't submit another offer after this one unless it is just to come up a little and see if the bank will come down to our number.
We couldn't move until after our Global Focus conference is over anyway. If we bought the house now I would have to make payments on two places for a month. So there is no real hurry.
If you think about it, pray for us.
Noel
