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TerryBPP TerryBPP is offline
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Join Date: Mar 2003
Location: Naples,FL
Posts: 3,469
House purchasing vent!

I have been trying to buy a certian house for the past month. The owners are clearly russian as is the agent. This makes communication difficult.

So when I found the house it was under contract but the agent said the purchaser would not likely get financed. So she assured me that I would be next in line for the house. But she didnt have the owner sign our backup contract.

So last Friday the previous contract expired and we heard nothing from the agent. That night I called her and she said that the purchaser couldnt get financing. So she asked us to fax another contract and give the owner 3 days to sign it.

Monday comes around and I have my agent call her because she never called us. She says that the owner has decided to give the previous purchasers another 2 weeks to try and aquire financing!!!!!!!!! The agent said he would not likely get the money again.

I asked her why he didnt just accept my offer seeing that I am already approved for the loan. She said she didnt know. They are offering the same amount of money as I am. The only thing I can assume is that is that they owner has some type of personal relationship.

So now I get to wait 2 more weeks and dont know if they are going to sell to me at that point.

Oh yeah, I sold my condo and it closes in 2 weeks so I will be homeless until I find a home!

Fun, fun, fun.
Old 07-20-2005, 09:31 AM
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