dixie_boysles
Well-known member
thanks ya'll! While we may have won the highest offer, it still does not mean we have the house. We are now awaiting the official "Offer to Purchase" contract from the Sellers and their agent. Hopefully there are no changes. Once we come to an agreement, then the house goes in for appraisal. IF the appraisal is LESS than our agreed upon price, then he have a few options:
1) Pay difference in appraisal value and offer
2) Ask the Sellers to sell for appraisal price
3) Maybe split up the closing costs (we are paying all closing costs as of the moment)
4) Walk away.
Right now, there agent is being very hard to get along with. Of course she is doing her job, but if she keeps pushing for more money, more money after they have already accepted our offer, then we are going to tell her to shove it...lol. Then the Sellers can blame her for loss of a sale.
The current owners have only owned the house since 2007. So they have not paid that much Principle on it. We do not know what their down payment was. We do know they are wanting to get the house sold. I hate all this, but I guess it has to be done.
1) Pay difference in appraisal value and offer
2) Ask the Sellers to sell for appraisal price
3) Maybe split up the closing costs (we are paying all closing costs as of the moment)
4) Walk away.
Right now, there agent is being very hard to get along with. Of course she is doing her job, but if she keeps pushing for more money, more money after they have already accepted our offer, then we are going to tell her to shove it...lol. Then the Sellers can blame her for loss of a sale.
The current owners have only owned the house since 2007. So they have not paid that much Principle on it. We do not know what their down payment was. We do know they are wanting to get the house sold. I hate all this, but I guess it has to be done.
