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The Stick
 
RKDinOKC's Avatar
 
Join Date: Dec 2007
Location: Someplace Safe?
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Since you agreed to the contract with them saying they didn't want to include with any closing costs fees, warranty...

And Because they did include closing costs on negotiation the inspection results I would only agree to only REPAIR the items specifically listed by the inspector (not offer money or discounts for them to), especially since it is only a few small items like you stated.

As for the added discount for closing etc. I would just tell them that re-negotiating the puchase outside of repairs to meet inspections was not part of the original contract and they would be the ones defaulting on the contract not you. And you are not willing to use the inspection settlement as a re-negotiation point to entertain other offers on the house. Make any comments very matter of fact do not show you are upset. You are not a desperate or motivated seller. You felt the offer originally signed was a good offer for both parties. If they don't feel that way, you will find another buyer.

That is just what I would do as a matter of principle. And I wouldn't care if the extra money they asked for was $5, a deal is a deal. They already agreed to pay a specific amount. And you are already out the house being off the market for inspection etc. AND it's a new listing, it's not like the house has been on the market for several months! What they are doing is called motivated seller tactics to lower the purchase price. You might even tell them that the inspections show the house in such great condition that you would like your original asking price!

They will ask for all kinds of stuff whenever they can because as the seller all you can do is say no.

I am not in real-estate and have not stayed in a Holliday in Express.

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Last edited by RKDinOKC; 07-31-2016 at 06:53 PM..
Old 07-31-2016, 06:09 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #21 (permalink)
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Join Date: Mar 2008
Location: SW Ohio
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Quote:
Originally Posted by Embraer View Post
Of course. It was the offer they submitted via realtor. I can tell them to pound sand, but ultimately, I'd rather just get rid of the house.
There's your answer. Bend over and accept if getting rid of the house vice getting the best price is what motivates you.

Quote:
Originally Posted by Embraer View Post
From a principle point of view, i have issue with their method, but the logical side says "make 37k on the house, or stuck to my guns and make 41k". Just pisses me off. I'd never pull that on a seller.
I completely understand. Yes, they are slimeballs pulling a slimeball move on you. It sucks to be put in your position.
I've decided I'm going to court with the last SOB who tried to screw me. I'm semi retired and have way more time and money than him. Paying a lawyer to make his life expensive and miserable is like a hobby for me. But you might not be in that position. "I'm older and I have more insurance."

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Last edited by wdfifteen; 07-31-2016 at 06:23 PM..
Old 07-31-2016, 06:17 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #22 (permalink)
Baz Baz is online now
G'day!
 
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Join Date: Sep 2008
Location: New Smyrna Beach, Florida
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Quote:
Originally Posted by Embraer View Post

That's a NICE house....love the basement and 2 car detached garage!

And that kitchen.....wow!

Compared to what homes go for around here - that's a STEAL!

I also was looking at that chart at the bottom showing real estate values.....looks like they are getting close to what they were at the bubble....
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Old 07-31-2016, 06:29 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #23 (permalink)
Make Bruins Great Again
 
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Join Date: Dec 2003
Location: TN
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Slow down there sparky. Their first counter offer is NOT their final offer. Negotiate!
Tell your agent to send a verbal message that you may just keep the ernest money and tell them to walk. They'll come back with another offer.
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Old 07-31-2016, 06:32 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #24 (permalink)
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Join Date: Jan 2012
Location: NW Ohio
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Quote:
Originally Posted by Embraer View Post
(funny....when I lived in Granada hills, my rent was 4k a month for 1100 sq ft. Ha!)
And THIS ^^^^ is why I live in a "flyover" state, and not one of the coasts. I paid far less than that for my 10 acre farm in Ohio.
Old 07-31-2016, 06:57 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #25 (permalink)
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Ahhh Indy... I have been there a few times. That house would be 800k in my zip code.

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Old 07-31-2016, 07:15 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #26 (permalink)
 
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