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Thread: House-hunting drama

  1. #1
    skippitydodahquilts's Avatar
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    okay, so DH and I just sold our first home. Yesterday we looked at a bigger house that we fell in love with. We are prepared to make a reasonable offer, when our agent calls and says that the seller doesn't even know if she wants to sell her home! WHAT?!

    I'm so upset. We've looked at almost 75 homes, and I really felt like this one was 'the one', you know? I just don't understand why someone would put a home on the market, just to jerk people around. She has until Friday to decide what she wants to do.

    I've heard people living in their homes for long periods of time can get attached, but she's a 30 year old, newly divorced woman who needs to sell because she can't afford the mortgage (according to her agent). So, I don't understand what the problem is. Now I'm afraid if she does decide to stay on the market, she won't accept anything other than full asking price, which the house needs some repairs and I refuse to pay full price for something that needs necessary repairs that she should have been responsible for.

    Okay, that's my two cents. I think some serious sewin' is in order for me!

  2. #2
    Super Member CoriAmD's Avatar
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    I would encourage your agent to take her an offer anyway. If she sees something in writing, she might just decide to take it. Of course, if you are offering lower than her asking price, I would definately write an explanation as to why (the repairs, etc). And do tell your agent you are willing to look at a counter offer... will keep fingers crossed for you!

  3. #3
    Senior Member grendelskin's Avatar
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    I'm with Cori, make an offer. If it's the right house, it'll work out. We had lots of drama buying our home: we had three signed contracts before we landed the foreclosed-upon fixer-upper we live in now! I got the inspector to give me a frequent-buyer discount when we got to the third house!!

  4. #4
    Super Member Murphy's Avatar
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    Make an offer. She can refuse, but at least she will be aware there is a serious buyer. Good luck.

  5. #5
    Power Poster nativetexan's Avatar
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    just be happy she doesn't raise her price. i've seen that happen recently.

  6. #6
    Google Goddess craftybear's Avatar
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    make an offer and if the house is meant for you, you will get it

    be sure to have an inspection

  7. #7
    skippitydodahquilts's Avatar
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    We're going to make an offer tomorrow morning. It's on the market for $135,900 and we're making an offer of $130,000, and she needs to either fix the floor in the kitchen (the laminate is coming apart and it's cracked, which they tried to hide with a rug) and she needs to have a door replaced (she cut a huge hole in the bottom!), or she needs to give us an allowance to fix it ourselves.

    The backyard needs a total overhaul and it's just...really dirty. Like, not messy, but dirty and unclean (mold in the coffee pot!). The whole thing is just really weird, but if she rejects our offer, she has to take it off the market (according to her agent).

  8. #8
    Power Poster Jingle's Avatar
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    Good luck.

  9. #9
    Senior Member BeckyL's Avatar
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    Why would she have to take it off the market if you don't make a full price offer?

  10. #10
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    Unless the rules are very different in your state, the seller is free to reject any offer she wants, especially given that it isn't full price. The repairs seem fairly minor, so the big question is what do the comps say it is worth? The asking price is only a starting point and may or may not reflect reality. Our seller refused to fix anything, but we felt that the house was still worth what we had offered and went ahead anyway.

    Good luck - I hope things work out for you and you find your dream home :-)

  11. #11
    Junior Member constantly55's Avatar
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    Good Luck!! If it was me I would put in contract, exactly in $ amout how much you need back for repairs, if she doesn't want to do them, such as $8,000 for repairs.

  12. #12
    skippitydodahquilts's Avatar
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    Quote Originally Posted by akrogirl
    Unless the rules are very different in your state, the seller is free to reject any offer she wants, especially given that it isn't full price. The repairs seem fairly minor, so the big question is what do the comps say it is worth? The asking price is only a starting point and may or may not reflect reality. Our seller refused to fix anything, but we felt that the house was still worth what we had offered and went ahead anyway.

    Good luck - I hope things work out for you and you find your dream home :-)
    The total market value (according to the county auditor's website) is $129,000. It's probably because it's an old home and it's location. I'm also concerned about the basement because it's an older home (1934). It didn't look wet, but they had everything on shelves and nothing of obvious value was directly on the floor. I'm not going to pay $136,000 because the auditors website reflects a different value, plus the comparable in the neighborhood have been selling in the $125,000 area. According to what I've heard about older homes, parts for repair (i.e. - the door) are a little difficult to find, so that's something else to consider.

    I'm feeling better, and I won't be heartbroken if it doesn't work out. My parent's have graciously offered to let us store everything in their pole barn and move in with them for as long as it takes. So, either way, at least we won't be homeless ;). Wouldn't that be a sight to see! A crazy lady with a sewing machine and her little white dog! LOL

  13. #13
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    I'm feeling better, and I won't be heartbroken if it doesn't work out. My parent's have graciously offered to let us store everything in their pole barn and move in with them for as long as it takes. So, either way, at least we won't be homeless ;). Wouldn't that be a sight to see! A crazy lady with a sewing machine and her little white dog! LOL[/quote]
    -------------------------------
    That's the right attitude, if it's meant for you, it will come. The door sounds like she might have had a big dog and started a doggy door (perhaps taken by the ex?) and a dirty yard says that maybe the dog had been confined there. But landscaping will pay for itself in not to long a time (says a Landscape Architect's wife) You can clean it up and start with the basics, big trees and shrubs and a bunch of annuals. That will fill in the time you spend cleaning up the house.
    But do have your inspector check out that basement. And talk to some of the neighbors about flooding in that area. Look at other houses in that area and check out fences and tree trunks for water lines. Ask the agent flat out if it floods in that area.

    Have you checked with the local police department about how "nice" that area is? Do they get a lot of calls there? In my town there is a nice looking area that surprisingly has some of the town's most active police calls....

  14. #14
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    In our area, the county auditor's value is always way below the true market value, but having lots of recent sales for accurate comps is good.

    I would be less concerned about the door. Standard doors are pretty cheap ($25) and can be found at salvage places if necessary. I agree that a damp basement may be more of a concern.

    The right home will show up soon :-)

  15. #15
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    My laugh of the day. The crazy lady with the sewing machine and her little white dog. Keep the faith if it's meant to be it will be.

  16. #16
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    Make sure u have the home inspected! U don't want surprises!!

  17. #17
    Super Member Peckish's Avatar
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    Quote Originally Posted by skippitydodahquilts
    The total market value (according to the county auditor's website) is $129,000.
    Is this the MARKET value, or the ASSESSED value? Since you're getting this number from the county auditor's website, I suspect it's the assessed value. THEY ARE NOT THE SAME. Your realtor should be able to explain the difference to you, and if he/she can't, you need to get a different realtor. You should be basing your offer on the MARKET value, which has many determining factors - size, location, condition, and comps.

  18. #18
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    In todays market and the age of the home I'd offer assessed value and go up from there. The age of the house would determine a real inspection in my state. Asbestos, mold, foundation problems etc. Be reactive, if the house is to be yours it will happen, but don't get attached.

  19. #19
    Super Member craftiladi's Avatar
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    Quote Originally Posted by jljquilter
    My laugh of the day. The crazy lady with the sewing machine and her little white dog. Keep the faith if it's meant to be it will be.
    I too had the same thoughts..lol. You seem to have the right attitude & i wish you all the luck, yes i also agree if its meant to be then it will happen. Keep us posted.

  20. #20
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    After having been a Realtor for about 25 years and recently retired, I have experienced several scenerios including this one. If it is meant to be it will, but one has to work on it to make it go, One of the first things I would suggest it: HAVE IT INSPECTED!!!!!!!! I had a good offer on my house, had an inspection and found termites. Deal fell through, had the termites treated, repair work done, found another buyer within one week and closed. I never sold a house without an inspection.

  21. #21
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    After having been a Realtor for about 25 years and recently retired, I have experienced several scenerios including this one. If it is meant to be it will, but one has to work on it to make it go, One of the first things I would suggest it: HAVE IT INSPECTED!!!!!!!! I had a good offer on my house, had an inspection and found termites. Deal fell through, had the termites treated, repair work done, found another buyer within one week and closed. I never sold a house without an inspection.

  22. #22
    skippitydodahquilts's Avatar
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    Update - We put in the offer, and even came down to 129,000 based on comps and value. We are looking at a house about a block away in a couple hours, and her realtor is going to try and move her along. Hopefully she realizes that we aren't going to be waiting at her beck and call and that we are serious about buying.

  23. #23
    Super Member LovingIzabella's Avatar
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    Quote Originally Posted by skippitydodahquilts
    Update - We put in the offer, and even came down to 129,000 based on comps and value. We are looking at a house about a block away in a couple hours, and her realtor is going to try and move her along. Hopefully she realizes that we aren't going to be waiting at her beck and call and that we are serious about buying.
    Sometimes you also have to take in to account what are you really getting for your money? A door and laminate floor are nothing really. A wet basement-is a bigger concern. Sadly we purchased our home for almost $200,000 and had to put on a new roof, new oil tank, new furnace and on and on it goes.(Good ol NY) You will always have to do work when you own a home. Look at the big price items and see if those are going to hold out for you or if you are going to be doing major repairs or replacements. Good luck on whatever home you may buy!
    Hugs
    April

  24. #24
    Senior Member denise d's Avatar
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    Good luck! Having just been through this process, my only recommendation is make sure you have a good home inspection.

  25. #25
    Power Poster sandpat's Avatar
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    No matter what house you buy, you should have a professional inspector do that for you prior to your offer! And no matter what she is asking, you are free to offer whatever you are willing to pay for the house. She can either accept it or not. We have made offers so low that our realtor was embarrassed to take them to the seller...and guess what...the seller accepted. So, listen to your own gut, do your homework and then do whats right for you.

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