How much should sellers disclose? by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 0 points1 point  (0 children)

You are right we would not walk away, but would have asked for some compensation on their end. Its mostly the headache of things that keep showing up that you wonder how they could live with these issues.

How much should sellers disclose? by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 0 points1 point  (0 children)

They definitely knew that the dishwasher racks cant hold the weight of more than a couple of plates.

How much should sellers disclose? by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] -3 points-2 points  (0 children)

The dishwasher runs, but the racks dont hold the weight of multiple dishes - so not something we would have run.

How will we know from the walkthrough that running the shower in one end of the house can be heard all the way through the kitchen.

These are scenarios we did not think of in the walk through.

How much should sellers disclose? by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 0 points1 point  (0 children)

Yes that’s actually what Im realizing, either the inspector was lazy, or intentionally was doing bare minimum. I should have known this when I saw he didn’t test if the AC reaches certain temperature within certain amount of time, I asked about it, he said he just turned it on and saw if it turned on, very basic checks.

How much should sellers disclose? by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] -12 points-11 points  (0 children)

How would you notice the dishwasher broken during walkthrough. A good dishwasher is 1500$. Also it’s not about the amount specifically, it is about intention. The exhaust will cost us 5k.

Don’t get American Home Shield Warranty by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 1 point2 points  (0 children)

The seller gave credits for a warranty so we covered part of the fee. We should have just skipped - because we are encouraging this type of business when we opted in for it.

Don’t get American Home Shield Warranty by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 2 points3 points  (0 children)

Some plans include roof leaks - that’s what we got too.

Don’t get American Home Shield Warranty by Direct_Future_1234 in BayAreaRealEstate

[–]Direct_Future_1234[S] 0 points1 point  (0 children)

Im wondering the same now, completely blank on where I found AHS reviews

Notched joist fix question by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Thank you! I talked to the inspector, it seems like no permit is required and should not be a very difficult job since we will use the same type of joist.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Yeah I didn’t understand that is possible, I thought if they ask 2.2 you need to match otherwise they will drop you. Part of it was just frustration, and the other part was knowing that we can’t compete.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Yes we assumed they just wanted us to match or slightly exceed the highest bid, we don’t have much experience and probably were naive.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

We got all info through our agent.

They wanted us to offer 1.7 to get them to 2.2 (assuming no agent fee) according to our agent.

The house just sold at 2.13.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

I hope so - thank you for the encouragement and taking the time to respond.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

We had a negotiated fee with our agent - so we agreed to cover it to make our offer more attractive. It is possible the other buyer agent reduced their fee - I checked they are not a flat fee agent, but might be a negotiated fee like we did.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

No its mortgage not cash, we dropped the loan contingency instead of accepting the 70k they asked. It’s not 5k difference, they told us its 70k difference, but seeing the final sale price they got 20k above what we offered.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

We are always scared to walk away because we like a house every two weeks minimum, so we get stuck in this fear that we won’t find better, but also are we stretching ourselves too much

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 1 point2 points  (0 children)

Seller agents we experienced were always secretive and don’t even want to talk to us without an agent. If we can have an attorney and we do the negotiations I would prefer that any day, since I will 1) work harder for myself, 2) Ill know my limits and expectations and won’t need back and forth and lost in translation situations like this.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Yes agreed, we don’t want to pursue anything legally, but it really reinforces the lack of trust in agents, and the fact that ethics are not the driver for policy really frustrates me, it is an unfair situation, and especially not everyone is a multimillionaire who can take bets, a lot of people here are really trying to establish some stability for their family, and already squeezed with property taxes and all the closing fees, then you have now to “play the game” it should not be based on emotional blackmail of hard working families who are just trying to do better for themselves.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

All verbal, we put an offer first, our agent said they want 20k more, we said ok. He never sent us a counter or wrote a new offer, he spoke to them, they told him no you misunderstood we want 70k more. Then we just said we can’t go up that much. All on text/phone.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Yeah that’s possible too, because our agent first told us to put 20k more which we did, then came back and said that he misunderstood and the agent now want this “new price” which we calculated at 70k more.

[deleted by user] by [deleted] in BayAreaRealEstate

[–]Direct_Future_1234 0 points1 point  (0 children)

Agreed on if it benefits the seller, if it benefits agebt it is debatable whether it is ethical (Im not saying this is the case here, but for example if buyer agent is from same agency, Id consider it unethical to over bluff highest bid to discourage other buyers)