UPDATE, Friday, January 16th, 2009: So the process of a short sale has nothing to do with the word "short". LOL. It is taking forever to get an approval from the bank although the home owner has given his approval of our offer. So, the last we have heard is that the bank will be another week on a decision. We found out that we are the only offer they are considering and since we offered their asking price we think that may be good. On our own home we are still working on if we will do a Lease To Own with someone we know or put it up on the market. The details on doing all these things are staggering and hopefully they will not kill this whole thing but we are praying still that it will work. We will update again when we know anything.
Written 1/13/09: This is possibly our new home. Yes, we have put an offer on a home in Herriman, UT. It is really beautiful and so perfect for our family. It has 7 bedrooms and 3 bathrooms upstairs on the 2nd floor. We will use one of the rooms (which is HUGE) as a playroom until we finish the basement family room. On the main floor is the living room, formal dining room, office, kitchen with an attached family room, laundry, 1/2 bath and another room with a full bath next to it. The only problem with that room is that it does not have a closet....who would do something like that? So that room will become my sewing/project room. The basement, when we finish it, will have 2 more bedrooms, a full bath and a huge family room. The area is really beautiful set up next to the mountains in the southwest corner of Salt Lake County.
This is a short sale home which means the people have already moved out because they can no longer may the payments. The bank has already approved the selling price which is about 100k less than the homes value. Yes...this is a GREAT deal. So the status is that the owners have approved our offer and we are now waiting for the banks signature. Wow!!!!Here are some pictures of the home. I wish they had more on the MLS listing but they didn't....so enjoy these. We'll keep you all updated.

Formal dining room looking into the entry, living room and den.

Family room off of the kitchen.
4 comments:
How exciting! We are so happy for you guys! We will cross our fingers and say an extra prayer that everything goes through! The house looks beautiful! Can't wait to see more pics!
Absolutely beautiful! This will be so much better for you large family. I can't wait to see it in person.
Update! Update!
Goodluck as always you are in our prayers and I also added your names to the prayer roll. Thought you could use the little extra.
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