Well guys, it is back to house hunting for us. The house didn't go through. So like I said yesterday, HUD homes go to the highest bidder. Our bid won but we found out today that the bank would only allow us to get a loan of 110 because that's what HUD appraised it for. Even though it really is worth 130-140 we cannot get a second appraisal. Anyways, so the bank would only let us get a loan for that home of 110 and would have to come up with the 19000 over on our own. Pretty shitty deal if you ask me. Sorry bout my language, I am just super frustrated. So we cancelled it and we have to wait and see if their is a second bid in line if not we can rebid but we'll see.
We saw a couple other homes today but unsure about them. Man this is ridiculous. We just want to find our home already. I'll keep you guys updated.
:( Sorry Hon.
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