So, the wife and I have been looking for a house. Again. We started some time last year, but it didn’t work out, then we started again and found nothing. This year we went and looked at a bunch of places but either they were too small, or too damaged.
But about two weeks ago we were told about a house which was just going on the market. A foreclosure. In fact, it was a HUD sale. So we went to see the house and… wow. It was perfect. Following procedures, I got myself preapproved for a loan again, and we put in a bid. See, HUD homes work like this, everyone who is interested fills out some government forms and puts in their best offer. Then HUD closes the bidding, reviews the applications and decides who wins.
We won!