In just 48 hours, we received 4 offers. We showed the house 9 times. Almost 1/2 of the people came made an offer.
Offer 1 - $8K over asking, but wanted $5K in seller contributions, May 1 closing. Also was a FHA loan.
Offer 2 - Asking price, conventional loan - 15% down, no seller contributions, 30 day close, and they wanted the refrigerator, washer and dryer.
- Revised offer when they found out we were getting multiple offer - $6K above asking - 30 day close, not asking for anything.
Offer 4 - Asking price, conventional loan, contingent on closing of their home they are selling - still in option period and could not close until they did.
Obviously, with these options, we went with Offer 2's revised offer. They really wanted this home. They showed it by the amount of money they are putting down, their interest rate (which is lower than ours right now), the fact they are asking for nothing, high option fees - ie, they are putting more money in the game up front.
So, we picked them and we will be signing tonight and need to get going on moving out! There is no way I can get the quilts made, but I am going to try and get as many done as possible!
OMG!! We are over the moon excited!