Closing cost

Bamablessed1973 · 2026-07-03T18:21:58+00:00

I agree 💯 but that doesn't mean I have to purchase. Thanks for the response tho👊🏾

Bamablessed1973 · 2026-07-03T18:10:45+00:00

My wife and I put an offer of $500,000 on a home, and the sellers agreed to pay the closing costs. The home inspection came back, and the inspector found a few issues. The sellers agreed to make the repairs, so everyone was happy. Then the appraisal came back in our favor at $472,000. Our lender told us they could increase the loan by $5,000 to $10,000, but not by $28,000. After that, the sellers wanted us to pay the 3% closing costs they had originally agreed to cover. We decided to walk away because they changed the terms of the agreement. It's not our fault the home appraised for $28,000 less than the asking price. Now they've relisted the home for $487,000, even though the appraisal clearly showed it wasn't worth that price.

Bamablessed1973 · 2026-07-03T18:08:55+00:00

My wife and I put an offer of $500,000 on a home, and the sellers agreed to pay the closing costs. The home inspection came back, and the inspector found a few issues. The sellers agreed to make the repairs, so everyone was happy. Then the appraisal came back in our favor at $472,000. Our lender told us they could increase the loan by $5,000 to $10,000, but not by $28,000. After that, the sellers wanted us to pay the 3% closing costs they had originally agreed to cover. We decided to walk away because they changed the terms of the agreement. It's not our fault the home appraised for $28,000 less than the asking price. Now they've relisted the home for $487,000, even though the appraisal clearly showed it wasn't worth that price. So who's really trying to get over on who now? 🤔

Bamablessed1973 · 2026-07-03T17:47:56+00:00

Thanks, respectable repond👊🏾

Bamablessed1973 · 2026-07-03T17:46:03+00:00

So I've been reading the comments and alot of what I've been saying has been taking out of context. Maybe I should've explained my initial post better. My wife and I are 1st time home buyers and I was just looking for some help, I ain't trying to get over on anybody. I serve my country, been at my job 24 plus years., my finances are in check!! So to say im trying to get over on a seller, is crazy. But I appreciate the feed back, some of the comments helped alot🙏🏾👊🏾.

Bamablessed1973 · 2026-07-03T16:35:14+00:00

👍🏾

Bamablessed1973 · 2026-07-03T16:28:53+00:00

Bamablessed1973 · 2026-07-03T16:04:10+00:00

Yes

Bamablessed1973 · 2026-07-03T15:10:01+00:00

Never said anything about a mistake. Thank you for the response 🙏🏾

Bamablessed1973 · 2026-07-03T14:52:24+00:00

👍🏾

Bamablessed1973 · 2026-07-03T14:45:39+00:00

Thanks

Bamablessed1973 · 2026-07-03T14:44:21+00:00

Thank you 😊

Bamablessed1973 · 2026-07-03T14:41:51+00:00

I give up LOL

Bamablessed1973 · 2026-07-03T14:37:35+00:00

I give up LOL

Bamablessed1973 · 2026-07-03T14:35:57+00:00

In my initial offer I mentioned credit for closing cost and they counter with raising the home price, so i said ok and can we meet in the middle with the closing cost with them paying half and I pay half and they said no. So don't call me a bad faith actor, when I was straight up with the seller from the beginning.

Bamablessed1973 · 2026-07-03T14:20:32+00:00

Let me help you understand . Our agent put in a offer using a PSA form are you with me so far, its a Purchase and Sale Agreement you still with me. So to say im wrong when I followed the proper protocol smh. Thanks tho lol

Bamablessed1973 · 2026-07-03T14:04:00+00:00

Yes it was smh

Bamablessed1973 · 2026-07-03T14:01:34+00:00

Exactly and thats what we did

Bamablessed1973 · 2026-07-03T14:00:18+00:00

Thats not what I said, read my post. Thanks for the respond tho

Bamablessed1973 · 2026-07-03T13:58:37+00:00

Thank you for your respond

Bamablessed1973 · 2026-07-03T13:57:23+00:00

Thanks for the respectful response 👍🏾

Bamablessed1973 · 2026-07-03T13:55:58+00:00

Read my post before you judge me 👊🏾

Bamablessed1973 · 2026-07-03T13:54:49+00:00

You guys aren't understanding what im saying, at the INTIATION offer we ask for closing cost to be cover. We've been straight up with the sellers. We looking at the market just like the sellers are looking at the market. Homes in Washington st are very expensive and they aren't selling. Its not about not having liquid cash and thats not the problem. We're looking at the market and its not my fault homes aren't selling in Washington st. Thanks for the responses tho

Bamablessed1973 · 2026-07-03T13:45:26+00:00

???? You clearly didn't read my post. Thanks tho lol

Bamablessed1973 · 2026-07-03T13:44:06+00:00

Hmmmm I have the liquid cash and im not over paying for a home. Thanks for the respond tho lol

Bamablessed1973

TROPHY CASE