I’m in the same boat. Property has been under contract 3 times before myself. Seller hasn’t lowered the asking price ever and after going through inspections it doesn’t look good. Sometimes they are disconnected with reality, and don’t realize it will never sell.
@@khysor1832 it’s crazy seeing people who bought a house for like 240k 3-4 years ago and then have them listed for 500k and are like “don’t low ball me” 😂 then seen them on the market for 6+ months and they drop the price like 3k as if that’s going to make all the difference.
I have the seller agreeing to cover 2.5 % of closing costs but after seeing two inspections there’s structural damage and hvac needs 7500 of work on top of 30 other things. Idk if I should walk or not the seller should of disclosed this stuff prior to going in escrow
Buyers often make an offer to tie up a house, their plan is to have it inspected(by their inspector wink wink) and offer much less for alleged defects. Don't tie up your house . If you do allow an inspection contingency have it in writing tha t it is to take place within a week. And maybe even research the buyers before agreeing to their offer.
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After the inspection, seller froze the deal out of the blue which is crazy. There’s no other buyers and the house is in the market for 197 days. Ugh
I’m in the same boat. Property has been under contract 3 times before myself. Seller hasn’t lowered the asking price ever and after going through inspections it doesn’t look good. Sometimes they are disconnected with reality, and don’t realize it will never sell.
@@khysor1832 she felt insulted by the inspection result. I never heard again from her.
@@khysor1832 If mine end up stuck on stupid I won't be moving in, that simple.
@@khysor1832 it’s crazy seeing people who bought a house for like 240k 3-4 years ago and then have them listed for 500k and are like “don’t low ball me” 😂 then seen them on the market for 6+ months and they drop the price like 3k as if that’s going to make all the difference.
I have the seller agreeing to cover 2.5 % of closing costs but after seeing two inspections there’s structural damage and hvac needs 7500 of work on top of 30 other things. Idk if I should walk or not the seller should of disclosed this stuff prior to going in escrow
The seller can agree to fix any repairs themselves as well.
Buyers often make an offer to tie up a house, their plan is to have it inspected(by their inspector wink wink) and offer much less for alleged defects. Don't tie up your house . If you do allow an inspection contingency have it in writing tha t it is to take place within a week. And maybe even research the buyers before agreeing to their offer.