We put an offer down on a house today!!!!! It's a Fannie May owned foreclosure that just had fresh paint and new carpets installed all throughout the house. It's 2 stories with 4 bedrooms, 2 1/2 bathrooms, and a basement. One of our favorite parts of the house is that it has a huge deck that leads to a huge backyard. The backyard also has a lot of character- one section has what appears to be an area where the previous owner had benches and a place for a firepit. How awesome is that?! It will just need some tender love and care to rediscover it's potential. I can just see Carson, Ethan, & Graham (all of our nephews) and John Mark (my little bro) enjoying a great bonfire and smores! ... pretty much a tradition any time they come over. Plus, there would be plenty of firewood to find to make the fire with all of the lovely trees towards the back of the lot. The other feature we really like is the basement. It is partially finished with two rooms (and even more room that is still unfinished)- and one of the rooms has a door that also leads out to the backyard with it's own little patio. I think Nathan wants to turn one of these rooms into a media room.
Anyways, our realtor explained that the thing about a Fannie May owned foreclosure is that they can take their sweet time with getting back to us whether or not they will accept, decline, or counter-offer with us. However, sometimes they get back with people immediately. There's just no way to know... We don't know if they are wanting to sell it to the first person who makes an offer or if they want to wait until they have multiple offers and then tell all the buyers to bring their best offer- thus, create a bidding war (praying that this does not happen). So we wait- and pray- and trust in God.
Exciting!!
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