Ugh. We entered our counter offer on the house, post-inspection 24 hours ago. We are still waiting to hear back. The seller has moved to Asia, so the 14 hour time difference slows down all correspondence.
We asked for the price of a mid-range HVAC replacement, considering the listing made it sounds as though the system had been upgraded, and the current system is at or past the end of its life. Hubby wants to walk away from the house if we don't get it.
He is convinced that they will concede, because it's supposedly a buyers market. I say they probably won't, or will probably try to offer us half.
I just hope whatever they come back with is clear cut. Either they say screw you, you get nothing or they give it all to us. (I know that won't happen!!), so then the decision process is easy. Nothing= bye bye. Everything= green light.
We stressed to our realtor that we are willing to walk. We are the rare type of buyer in this market. We wrote a clean offer, not contingent on sale of our house. We have two more years to look for a house. We've got the money, they can take it or leave it.
I feel just too exhausted. I just want to know if we are moving or not, so I can get everything done that needs to be done. Right now, we are in limbo and I can't stand it.
Not knowing is the worst part for me. I've always been the type that, good news or bad, I'd rather just know so I can live and plan accordingly.
living in limbo
March 9th, 2011 at 05:39 pm
March 9th, 2011 at 06:04 pm 1299693856
March 9th, 2011 at 06:07 pm 1299694043
Otherwise, walk and reoffer in a few months if the house still sits there. Just my opinion.
I hope you hear back fast!!
March 9th, 2011 at 06:34 pm 1299695685
As "they" always say: the first offer is the best offer.
If you want maximum meanness, walk, but say that if realtor asks again ... possible if after a few months the house generates no other offers ... your re-offer will be 10% lower.
March 9th, 2011 at 08:05 pm 1299701114
March 10th, 2011 at 12:05 am 1299715513
When I bought my house, some things were not in working order as per the contract, my agent backed me up (as she checked out the house with me), and the seller's agent was upset with the sellers and he got me money to cover the costs of the problems before I signed the papers. Of course like I said, it depends on how the contract is written up.
March 10th, 2011 at 01:08 am 1299719306
By the way, it's been 36 hours, and still no word back.
March 10th, 2011 at 02:40 am 1299724832
Any chance of distracting yourself? A movie? A book? A glass of wine? Hang in there.
March 10th, 2011 at 03:53 am 1299729216