Weak housing market? I don't think so....

[slow4dr]

That's good to hear Jeff.

I don't want to be a debbie downer but until the banks approve the terms of the contract you really should keep looking and making offers. The wife and I also fell in love with a place that was a short sale(one loan). Almost 120 days after making the offer the bank came back with $30K over what the house was listed for. There wasn't a "Comp" within 10 miles that could substantiate it. We raised our offer $10K(knowing full well we would have a tough time getting an appraisal high enough for an FHA loan) and they declined. The house eventually went to foreclosure and sold for roughly what we had originally offered.


-J