12 February 2010

We chose...

This house is a place we may never leave. The location is AMAZING. It's only 3 blocks from Lake Harriet and 1 block to Minnehaha Creek, right near 50th and Penn Avenue. You can check out some of the pictures Josh took at the showing in January on Flickr.

We're not out of the woods yet though. The property is going into short sale, meaning the seller owes more on the property than we offered and she doesn't have the money to make it to closing. Her bank has to approve our offer and agree to lose money on the deal. It's kind of the middle ground for the bank and seller between a normal sale and foreclosure. So, we technically don't have it in contract yet to move to closing, but we have sole rights to the property, so no one else can make offers.

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