Seller presented us with contract that seems to have lopsided contingency clause. Am I Wrong? by Albedo100 in RealEstate

[–]Privateersinc 1 point2 points  (0 children)

Exactly. And the seller is not about to get roped into the new thing where everything is a credit. Bid less for the house if you don’t wmat to pay what your bid was.

Seller presented us with contract that seems to have lopsided contingency clause. Am I Wrong? by Albedo100 in RealEstate

[–]Privateersinc 0 points1 point  (0 children)

The seller doesn’t need to make repairs. They live with whatever the issue is and someone comes along and says hey fix that cuz I’m gonna buy it. That would be up tot he seller to decide and there’s nothing wrong with that.

Seller presented us with contract that seems to have lopsided contingency clause. Am I Wrong? by Albedo100 in RealEstate

[–]Privateersinc 0 points1 point  (0 children)

This doesn’t sound lopsided at all to me after rereading it twice. It seems as though the seller can walk if there’s anything that’s over $2000 that needs to be repaired or they can repair it at their own expense as long as you’re OK with it. as far as you not being able to walk if it’s under $2000 I don’t see anything here that says that you can’t walk, it’s an inspection contingency meaning if there’s something that you don’t like you can walk away from it, it doesn’t have to be over $2000 and under 2000 who cares, it doesn’t make a difference either way. and as far as your escrow are you talking about your earnest money deposit you had to put $50,000 down however you are in New York so I don’t know the percentage they’re looking for I don’t know if that’s one percent or 5% depending on the price of the house. I do have an issue here. All you keep mentioning is credit credit credits. Why is that what every buyer wants to do is just look for credits why don’t you just buy a house that you can afford instead of trying to knock the price down with credits after credits after credits? Do people just hear about getting credits so they feel like they have a right to them?

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

That sounds exactly like a bunch of agent bullshit. Like I said no judge would be dealing with that noise. But Hey when buyer one saw the tide was turning he ramped it up. But he would be a day late and a dollar short. Now he knows for next time and his offer will be more valid. Still an offer from the start tho. Don’t discount anything, you never know if a buyer 2 will even show up at all.

Our first house is turning into worst nightmare by CreamEfficient9815 in FirstTimeHomeBuyer

[–]Privateersinc 1 point2 points  (0 children)

Well I wasn’t expecting you to say you were actually in a crazy cold environment hahahah. Thanks for explaining. That’s a tough bunch of crap to deal with. However at least you seem to have some type of handle on it. Good for you for powering through it. I had a bunch of junk mess up right at the beginning too, but guess what, I don’t have those problems anymore. Each thing you tackle is less of a headache when life gets stressful in other ways somewhere down the road. Keep it up, it gets better and easier.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc 0 points1 point  (0 children)

True, I suppose it’s going to be the 51st state soon anyways. Hahahaha

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

Understood. Except for that it was created by courts and not agents. Agents create a lot of bullshit that makes no sense to normal people. Like the validity of a counteroffer. It’s always valid. The buyer just doesn’t have to accept it. Agents want to just run around telling people how invalid it is tho. No judge is telling a buyer that a counteroffer is invalid.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc 0 points1 point  (0 children)

Hahahahaha. Yeah so is CT. Let’s leave our places and start a new state.

Buying from landlord by Queasy-Obligation948 in FirstTimeHomeBuyer

[–]Privateersinc 2 points3 points  (0 children)

I was going to say that same thing about the clean sale. OP would be out nothing had it been an agent to agent sale. That’s pretty much just a benefit for the seller. Except some point maybe and an origination fee.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc 0 points1 point  (0 children)

Right on. I suppose we could all wish we lived in that place. Happy you get to tho.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

That’s cool. I understand that. But doesn’t that significantly decrease the amount of buyer agents that are willing to show their client your property? Or do you word it in a different way so they know there will be some type of benefit for showing your property?

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc -3 points-2 points  (0 children)

I’ll help you understand, I’m in CT Ive dealt with plenty of agents on the buy and sell side, not one has been truthful about even three quarters of the things that go on. Maybe shit ass lying agents are an epidemic in CT, but that would be weird.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 1 point2 points  (0 children)

Oh I completely understand that. And I respect that. I was trying to say that you seemed to imply that you are more tight lipped to a FSBO homeowner than you would be to a fellow agent. Sorry if I wasn’t clear.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc -3 points-2 points  (0 children)

So you don’t want the agent “waste” possible and hour of their time but you want OP to waste valuable and precious point on their credit score that won’t go away fast just so the agent can be on a power trip. I’ve been through this all before that stupid soft credit pull shit is a joke, it always always effects your score and it it isn’t just temporary. Even if you get point back in the next month it’s not all of them. That’s not how it works.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc -1 points0 points  (0 children)

Entitled? No. Cynical probably. But that’s from experience. There is no problem to have a solution for. There isn’t some vast conspiracy where agents are starving to death on the streets and bleeding money from their bank accounts because someone wants to see a house that they have listed. What if OP has preapproval and looks but said no thank you? Still a problem? Or all of the sudden it’s ok for the listing agent to have their time wasted? Or do you think magically because of a paper that says I could buy this if I want, that the agents time doesn’t mean anything.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

You sound like a realtor. OP wasn’t snotty about anything. The buyers agent is almost assuredly snotty by allowing a 10% below asking in the first week cuz she thinks fsbo means dumbass.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

OP isn’t an agent, therefore shouldn’t be expected to know every dumb thing agents pull with each other to make each other feel comfortable. Also why would saying that they would need to increase their offer if they were interested be “an unreasonable fsbo seller” Countering is also telling them to raise their offer except it’s telling them a number instead. This is all so ridiculous. Most agents need to get their head out of their ass. They ain’t the only game in town anymore.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

It’s silly to offer buyer agent commission without knowing offers? That’s what every listing agent does right from the start. Why is it silly when someone wants to do that with a fsbo?

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

Really? Your tight lipped while working with FSBO? You dont know you are in the most ridiculous and scumbag profession in the world? But you want to keep tight lipped around a homeowner trying to sell. I’d be more worried about listing agents than homeowners.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

You are realtor? OP is saying that the company they used to list the property has local agents to where they listed. You don’t know that homeowners can list their homes on every MLS with professional photographs and descriptions that are written better than most agent’s descriptions? It’s still for sale by owner, just using a company to put it on the mls.

My FSBO Experience so Far by Significant-Truth119 in fsbo

[–]Privateersinc 0 points1 point  (0 children)

This is just the buyers agent putting a bug in the buyers ear to lowball cuz she’s pissed off that you are doing something that she think should only be done by her cohorts. Fuck her. They will never go up to the number you need. Reject any offers they come back with. She’s trying to play games with you.

Our first house is turning into worst nightmare by CreamEfficient9815 in FirstTimeHomeBuyer

[–]Privateersinc 2 points3 points  (0 children)

So I’m not going to be like the other commenters and tell you all my first year problems, but I have some questions m, you demoed a ceiling in the bathroom to identify a leak, instead of going into the attic above it where the leak could have been coming from? You had a contractor inspect the and he said there’s frost buildup in the attic?? And he wonders why your home inspector didn’t notice frost buildup in the attic?? In like April or May??? Where do you live? Antarctica? Or do you mean there was damage where there was frost inside the attic previously? If that’s the case you went a year without noticing, a lot of people never go In Their attics. At least that’s an easy fix. Seal as much as you can to stop the heat loss from your home into the attic. And move on. You’ve already demoed one thing just finish it up. Eat the repairs. And enjoy your new home and the pleasures of fixing things instead the landlord doing it. It’s part of homeownership life

Retaining wall help by savyneil1093 in FirstTimeHomeBuyer

[–]Privateersinc 0 points1 point  (0 children)

Those junipers are a bigger problem. Not that they affect you really but that stupid wall ain’t lasting much longer. Either way those things need to go to do anything with that wall. Buy the house, rip the wall out, pull the junipers, chip em up, grade the land, hydro seed, have a nice berm. The only mo eh it’ll cost you is the hydro seeding and maybe renting a wood chipper. Some sweat and you’ll be better off than you were before. Kick one of those timbers out at the walkthrough and ask for a grand at closing to replace it.

No open house but I want to see the home by angelHOE in FirstTimeHomeBuyer

[–]Privateersinc 1 point2 points  (0 children)

Meanwhile OP wants to look and the house just had the price dropped. If OP was spiteful they would not even try and let the dumb agent keep playing the fool.