The Realtor makes an offer, Chapter 4: How will this end?

We did not get the Toluca Lake townhouse that we made the offer on.

We offered full price.  So did the listing agent's clients.

Our terms were good.  So were the listing agent's clients.

We were going to put 20% down.  The listing agent's clients were putting more down.  According to the listing agent, that's what persuaded her seller to take their offer and not ours.  Of course, the listing agent will get the full 6% commission, but I'm sure that had absolutely nothing whatsoever to do with who the listing agent's seller picked.

Will we continue to look? Maybe.  Maybe not.  Right now, we're busy licking our wounds.

The Realtor makes an offer - Chapter 1: Money worries

My husband and I made an offer on a townhouse in Toluca Lake.  The seller will make a decision this weekend. We like our current place, but our current neighborhood is not what it was.  This townhouse has more space, is newer, has an attached garage, a patio with a view, etc.  It also needs a new kitchen and carpet.  You'd think we'd be sanguine about this, but no.  This decision was fraught with the same worries that most buyers have:
- Can we truly afford it?  Our monthly nut will go up!
- What if either one of us loses our job? And my husband is close to retirement!
- Is it wise to dip into savings for the downpayment?
- What about the higher property tax?
- Can we get what we think we can get for our current home?
Stay tuned...