Fat Lady Didn't Sing

We went up $13K more than originally planned. Seller came down $9K from asking. There is a $5K gap that we can't bridge. Sounds like so little, but that would amount to $18K more than we planned and are comfortable with. No can do.

So, we are at an impasse. We are seeking an extension on our loan time frame at our fixed rate, but we have had no word back from our broker. We have a feeling the seller hasn't had many bids lately and is anxious to sell, but we don't know how much they have to clear to complete their moving plans. Given a few days, they may decide to accept our last offer, but if we can't get an extension, then that won't matter. We won't be able to afford our last offer given the new interest rates.

That is the latest. So, we are considering this house and our loan out unless both of those things change: 1. we get the extension and 2. the seller acquiesces.

The Berris are back to square one. We need a new loan and cheaper houses that we like. Word.