Big Cuddly Bear
DIS Veteran
- Joined
- Aug 27, 2010
- Messages
- 1,650
So, my family finally found a house we all loved, with the only negative being that we don't know much about the school system ( though online research indicates it is a good one ).
We made an offer. They countered. We countered. They accepted.
We signed an agreement of sale but had a contingency that we could opt out for any reason if we didn't like the homeowner's inspection report. We love the house. We like the price. My wife preferred we stay in our school district. The home needs $4K worth of work, give or take, according to our home inspector.
At this point we could just walk away, and our only loss would be the price of the home inspection.
The people who we are buying the home from are trying to say that $4K is way more than it will take to fix up the place. So, we said that if they can find qualified contractors to fix the issues, by all means, go fix them and save us the hassle. But we want to see the receipts so we know who did the work.
Anyway, our agent knows we LOVE the house, and we have told her time and time again that we are really looking forward to moving in. We really do not have any intention on not following through on buying the home. And my agent knows this. This is, or should be a done deal for her, locking in her commission.
Still, in the 4 days since the inspection, she has sent us several listings, and even asked us to go see a house that she thought was a much better home for us, and even cost less than the one we bought - and she was absolutely right! It would definitely have been a better buy for us EXCEPT that there was one issue she was unaware of when she asked us to see this place. Sadly, the home was magnificent, and everything we ever wanted in a home.... until we saw that the property was adjacent to the power line towers that run through our county. She didn't know that.
But still, you have a real estate agent, who basically has her commission all locked up, and yet is still looking for homes that she thinks might suit us better, even though her commission would have been less.
The real estate business needs more folks like her.
We made an offer. They countered. We countered. They accepted.
We signed an agreement of sale but had a contingency that we could opt out for any reason if we didn't like the homeowner's inspection report. We love the house. We like the price. My wife preferred we stay in our school district. The home needs $4K worth of work, give or take, according to our home inspector.
At this point we could just walk away, and our only loss would be the price of the home inspection.
The people who we are buying the home from are trying to say that $4K is way more than it will take to fix up the place. So, we said that if they can find qualified contractors to fix the issues, by all means, go fix them and save us the hassle. But we want to see the receipts so we know who did the work.
Anyway, our agent knows we LOVE the house, and we have told her time and time again that we are really looking forward to moving in. We really do not have any intention on not following through on buying the home. And my agent knows this. This is, or should be a done deal for her, locking in her commission.
Still, in the 4 days since the inspection, she has sent us several listings, and even asked us to go see a house that she thought was a much better home for us, and even cost less than the one we bought - and she was absolutely right! It would definitely have been a better buy for us EXCEPT that there was one issue she was unaware of when she asked us to see this place. Sadly, the home was magnificent, and everything we ever wanted in a home.... until we saw that the property was adjacent to the power line towers that run through our county. She didn't know that.
But still, you have a real estate agent, who basically has her commission all locked up, and yet is still looking for homes that she thinks might suit us better, even though her commission would have been less.
The real estate business needs more folks like her.