Wanted to update on the Davenport property in Idaho that we were hoping to purchase. After we extended on offer on the property the owner (Mike) left on vacation to Alaska for a month. The 1st prospective buyer of the property had a contingency on the house and had 72 hours to lift the contingency or back out of the offer. Well they lifted the contingency and went into escrow. Even though our offer fell through, we haven't completely lost the house, at this time. Our realtor explained to us that the original buyer (Jill) has until March to purchase the house. If she can's come up with the purchase price (because he house hasn't sold... or any other reason) the house falls out of escrow. If that happens Mike (owner) will let us know and we can go back to the negotiating table.
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Glad to hear that the Idaho property is still in the works. That's actually what happened with the sale of our house in Canyon Lake. Our first buyer couldn't sell her house. Actually, soon after we accepted the second buyer, she finally sold hers! The second buyer was still a better deal (at least for us) since he had no contingencies,was all cash, didn't want to have the property inspected, etc. etc.!
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