We had met with our mortgage guy a couple weeks ago, and it was then that we realized that we really couldn't afford this house like we had originally thought. So after taking some time to think about it and pray about it, we decided to stop the contract and not buy the house after all.
So, we let the owner of the house know so that he was aware, and we also let our mortgage guy and our lawyer know the story so that everyone was in the loop. Bottom line: We don't want the house anymore.
So, our fabulous lawyer wrote a letter to the other guy's lawyer stating two things: We wanted the owner of the house to make all the repairs listed in the inspection report (like fixing the foundation of the house, replacing the windows, replacing all the outlets, etc.), and, that our mortgage application was receiving "unfavorable attention."
The other guy's lawyer came back and said that we should be more clear in what exactly we wanted repaired, to which our lawyer responded with a clearer answer.
All that being said, yesterday, we got an e-mail from our realtor saying that the other guy's lawyer signed off on the request and said forget it. The deal is off. PHEW!
So...while we are disappointed that this was not our time to finally have our own place, we know that "greater things have yet to come" (are you seeing a theme here?). God is awesome and He will be faithful in whatever He has in store for us next.
Here's a little cartoon for your giggling pleasure.
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