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Bad News

Well, we submitted our offer to the bank, on the house we really liked, and then waited several days. As mentioned previously we were prepared for the wait, bank owned homes can take a long time to get a response from. But on day four (well, actually 2 business days) we got an answer. The bank completely refused our offer! They didn’t even counter just flat out refused. I guess they respond pretty quickly when the answer is NO.