How bizarre, how bizarre

We got an email from our broker today saying there were 2 bids put on the townhouse that were substantially higher than ours, both over listing price which was $155,000.00. As we were sitting on the couch feeling sad and looking at different real estate sites to see if anything new had been listed the phone rang and it was the listing agent for the townhouse we had bid on before this one. It's in the same complex and, basically, the same townhouse. The main difference being this one was offered by HUD. She said if we were still interested they would accept our bid of $120,000.00 for the townhouse as the other bid had fallen through. SO - we are going on over to Simi Valley tomorrow to sign the offer and take a check for $2,000.00 to get the process going. This unit has all appliances except for a refrigerator (which we have), the other one only had a microwave. Our payments are projected to be about $400.00 less than what we are paying for rent now. There is one drawback to this townhouse - it has no yard at all, only a patio. Murphy and Cujo aren't going to like that and I am not too fond of it. Hopefully house prices will go up a bit by the time Lisa gets out of school and we will be able to sell it for a profit and by a regular house with a yard. On the bright side, we will be putting money into something we actually own and will also have quite a bit more living space. Life really has been good to us.