Well, last week we put in an offer on 500 Lucas. It was a Friday and high school graduation day. In Palacios this is a big deal, and the seller's agent's son was graduating, so the offer could not be presented until Monday morning.
Monday morning Sheila presented the offer to the seller's agent who then attempted to contact the seller to let him know. Days past and eventually last night (Thurs) we decided to put a deadline on the offer. We ADORE this house. It's PERFECT. But we just can't waste any more time.
This morning Sheila informed the seller's agent that we have a deadline of 5pm today or we withdraw our offer.
Well about 30 minutes ago Sheila called us to let us know that she had good news and bad news.
GOOD NEWS:
We finally heard back from the sellers
BAD NEWS:
They think the house is in foreclosure and so cannot be sold by them, as they are not the current owners of the property. They will be looking into this today and if possible will try to get it out of foreclosure so that he can sell.
So who knows how this will play out today. We're going to wait till 5pm with bated breath. In the interim, we'll take a look at some of the Palacios surrounds and see if there's anything else we like out there. This is so sad, but it COULD also play out to our advantage. We will have to see.
