Real Estate Blues, an update

So although we finally moved into the new apartment, there's still the matter of Andrew's apartment still up in the air. About a week after the apartment went back on the market, we got a few offers and accepted one of them. We went thru the inspection and appraisal processes again and eagerly awaited March 15th, the date the financing contingency was to be lifted. Unfortunately, the buyer never made it to March 15th.

On Wednesday, March 14, the day we moved into the new apartment, we found out that the buyer's financing fell thru. Nothing as exotic as a diplomat not being able to get the right person to waive her immunity; our lives are busy enough as it is at the moment, we could use less drama. No, this time it was simply the fact that the bank didn't believe the buyer would be able to afford two mortgage payments on his salary (he already own one apartment and was planning on using the rent from the first apartment to pay for this one). It was as simple as that. Nothing we could fight against. We felt so helpless; the news totally ruined our first night in our new home.

But, as they say, the sun will come out tomorrow. Our realtors put the apartment back on the market and called a few people who had expressed interest in the apartment last month but missed out. We are expecting a bid to come in today. Third time's a charm?