Keep on Trucking

Our offer for the condo yesterday unfortunately did not make the cut. 

However, after looking at the listing for the condo that was re-posted this evening, it appears that the other 2 people we were bidding against also did not make the cut. Because the condo is back online...and at a higher price. 

When we made the initial offer yesterday, we thought we'd start strong by offering them $1k more than the asking price (since we knew we had competition). But when we heard back from the listing agent today, we were told that the price they had posted on MLS was not the price they're actually accept on the house. The lowest they'd be willing to accept was $5k higher than the listing pricing. And the $5k in buyer's closing costs that they were supposed to cover (according to the paperwork that was given to me on Sunday by the realtor)  no longer applied. So altogether this puppy was going to put us $10k back from what they originally implied with their listing.

So Mr. Cap and I said that's all fine and dandy--we don't need the condo that badly. Especially if the company isn't going to be upfront on the actual acceptable price. Now that I see the condo has been re-posted on all the realty websites, I'm under the impression that the other potential buyers felt the same way we did.

Maybe, if it's still on the market in a few weeks, we'll re-submit our original offer to them. It couldn't hurt. But I image they'll manage to sell it before then. Since they've updated the listing with the actual price they want now, it's more likely that people in that price range will check the place out.

It's a shame, since we quite liked it. But it wasn't "love"--I think we would've been happy there, but we never got that feeling of "THIS IS THE ONE!" that I've heard other people mention.

So we shall keep on trucking, and hope that eventually our house shows up for us to find. :)