I have been on edge all day, trying not to get too excited, yet looking forward to the possibilities of a new home. I had never been to an auction. Once the bidding started, my heart started beating as fast as the auctioneer was talking. “Our house” was #54 on the list. The bidding for it started so quickly we almost bid more than we wanted. In a whirlwind of about a minute and a half, we won our bid. We won it for the amount we both agreed we would not go over. The down side of the bid is that it did not meet the reserve price the bank had set. For all of you aution newbies, this means that the bank that owns the house will review the bid and decide if they will accept it. If they accept it, the house is ours. If they do not accept it, they might give us the chance to increase our offer or they might just say no thanks. We don’t want to increase our offer, so we pray that they will accept it if the house is to be ours. They have fifteen days to accept or reject the bid. All of the events today end with the same feeling as yesterday, hesitantly excited.
The following video and song has nothing to do with the house we bid on, but the auction experience reminded me of this song.
I’m sorry, I am just now seeing the video of the house. I am SO glad you guys won the auction and will be praying for the bank to make the right decision. I ABSOLUTELY LOVE the house…it would be perfect for you guys! You can really make it your own and know that it would be like no other! I am excited for you!