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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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So frustrated with seller!! UPDATE!
We put in our offer for a house on monday and have not heard from the seller yet! No, they are not away for the holidays, they are just slow!
This is a house that's an estate and it involves 5 brothers...
... I just think at least if they don't like our offer, just counter it...
.. all this waiting is really annoying me!! 
Message edited 9/5/2005 6:28:10 PM.
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Posted 9/2/05 12:53 PM  |
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Prudential Douglas Elliman Real Estate
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KPsquared
Member since 5/05 4663 total posts
Name:
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Re: So frustrated with seller!!!
I know the waiting is the worst part.  Hang in there...it is worth it.
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| Posted 9/2/05 1:25 PM |
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dengal
Dad of Twins
Member since 5/05 1385 total posts
Name:
The 80's Man
Let's Go Mets!
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Re: So frustrated with seller!!!
Perhaps they are waiting to hear from other potential buyers. Did u try to reach out to them to find out what's going on?
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| Posted 9/2/05 4:12 PM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!!!
would the seller's agent mention to my agent if the seller is waiting to hear from other potential buyer?
Can I reach out to him personally?? Wouldn't that sound desperate and later would be hard to negotiate on the price?
ETA: My agent has called their agent many times and each time they have no answer for us
Message edited 9/2/2005 4:20:42 PM.
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| Posted 9/2/05 4:19 PM |
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Kelly9904
Mommy to 2 amazing little boys
Member since 5/05 9306 total posts
Name:
Kelly
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Re: So frustrated with seller!!!
Message edited 1/30/2009 1:41:03 PM.
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| Posted 9/2/05 4:30 PM |
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dengal
Dad of Twins
Member since 5/05 1385 total posts
Name:
The 80's Man
Let's Go Mets!
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Re: So frustrated with seller!!!
Posted by PiyoPika566
would the seller's agent mention to my agent if the seller is waiting to hear from other potential buyer?
Can I reach out to him personally?? Wouldn't that sound desperate and later would be hard to negotiate on the price?
ETA: My agent has called their agent many times and each time they have no answer for us
OK, I didn't realize agents were involved. It doesn't sound like anything is going to happen again soon. I would continue to look around just in case this falls through.
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| Posted 9/2/05 4:35 PM |
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sunshine11
LIF Zygote
Member since 5/05 47 total posts
Name:
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Re: So frustrated with seller!!!
Is the house in West Babylon by any chance?
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| Posted 9/2/05 5:35 PM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!!!
Posted by sunshine11
Is the house in West Babylon by any chance?
No 
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| Posted 9/2/05 5:44 PM |
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sunshine11
LIF Zygote
Member since 5/05 47 total posts
Name:
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Re: So frustrated with seller!!!
Oh...I saw one in W.Babylon that was an estate sale with a bunch of brothers, and my realtor told me that they wouldn't agree on a price to sell it for! That's annoying!
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| Posted 9/2/05 5:51 PM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: So frustrated with seller!!!
I would think that they are waiting for other offers....
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| Posted 9/2/05 6:34 PM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!!!
Posted by Redhead
I would think that they are waiting for other offers....
.... but they didn't even counter. What's frustrating is 5 days passed and still nothing.... 
Message edited 9/2/2005 7:43:03 PM.
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| Posted 9/2/05 7:42 PM |
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: So frustrated with seller!!!
Posted by PiyoPika566
Posted by Redhead
I would think that they are waiting for other offers....
.... but they didn't even counter. What's frustrating is 5 days passed and still nothing....
well if it were me.....i would have countered...but only with the highest bidder!
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| Posted 9/2/05 7:46 PM |
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flanders
LIF Infant
Member since 8/05 242 total posts
Name:
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Re: So frustrated with seller!!!
Estate sales are THE WURST!!!!!!!!!!!!!
Especialyl if there are multiple sellers involved.........
Don't worry I am sure it will work out for you. I feel your pain though with waiting.
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| Posted 9/3/05 10:40 AM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!!! UPDATE!
so we finally heard back from the seller, they are countering 15k more of our offer.... we are going to go for it!!
4 of the 5 brothers are good with their counter amount and one brother wants to wait to get an offer for the listing price.... so it might still take some time for them to sort things out...
... but wish us luck! 
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| Posted 9/3/05 7:07 PM |
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dengal
Dad of Twins
Member since 5/05 1385 total posts
Name:
The 80's Man
Let's Go Mets!
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Re: So frustrated with seller!!! UPDATE!
That's good news. Good Luck!
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| Posted 9/3/05 7:25 PM |
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Gertyrae
Peace out Homies!
Member since 5/05 20046 total posts
Name:
Gerty ®
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Re: So frustrated with seller!!! UPDATE!
They will probably end up agreeing! Good luck!!!!!!!
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| Posted 9/4/05 10:34 AM |
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danielleandscott
My new 71 Super Beetle
Member since 5/05 13476 total posts
Name:
Scott
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Re: So frustrated with seller!!! UPDATE!
Awesome - I have seen the house in pictures, and I think it will be a really nice house for two - good luck...
Scott
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| Posted 9/4/05 11:28 AM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!!! UPDATE!
so frustrated I want to cry 
Our RE agent is advising us to put more down so our offer will be more attractive, we are already agreeing to their counter offer, what else do you want from us?!
I don't want to tap in our wedding fund, but if we have to put more down, we'll have to. I am just so annoyed....
Did anybody put down more than they wanted and borrowed it back from the bank with the mortgage?
Also, if the house later on appraised for less than the listing price (which I doubt) and the bank won't lend us the mortgage and decide to let go of the deal, will we get our down payment back from the seller?
... this is so stressful, I could really use some advice!
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| Posted 9/5/05 5:44 PM |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: So frustrated with seller!! UPDATE!
No offense, but is there something that your agent knows that she/he is not telling you? Because I'm inclined to think so because why would she/he tell you to put more $$ down?
Also, an estate can be problematic for a buyer especially in your case with 5 brothers, because who knows? there may be some animosity between the 5 of them and they cannot come to an understanding?
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| Posted 9/8/05 10:37 AM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!! UPDATE!
Posted by BrunetteMom
No offense, but is there something that your agent knows that she/he is not telling you? Because I'm inclined to think so because why would she/he tell you to put more $$ down?
Also, an estate can be problematic for a buyer especially in your case with 5 brothers, because who knows? there may be some animosity between the 5 of them and they cannot come to an understanding?
I sense there ARE somethings between the brothers, that they don't really get along and only communicates via email... that's is the reason why this is taking so long! I am STILL waiting to hear back from them although we already agreed to their price...
.. it's driving me nuts!!
I don't think my agents is hiding anything from us, the reason why she told us to put more down is because it will make our offer look more attractive and the seller will less likely accepts another offer later on.
I am just so stressed out about this whole thing, buying our first house should be an exciting and happy time!! 
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| Posted 9/8/05 10:45 AM |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: So frustrated with seller!! UPDATE!
I am so sorry. I went through something very similar (buying from a divorced couple) and I got so frustrated and just broke down but in the end, it will all work out.
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| Posted 9/8/05 10:47 AM |
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MrsJ
I love my Katie Bug
Member since 5/05 11357 total posts
Name:
Kathy
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Re: So frustrated with seller!! UPDATE!
Put down what you can afford. As long as you are approved for a mortgage for the blance, the seller's are not going to care how muhc you put down or not.
Also, I would have countered THEIR counter offer....
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| Posted 9/8/05 10:48 AM |
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PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
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Re: So frustrated with seller!! UPDATE!
thanks for the support everyone
Kathy: The seller flat out said they will not sell for under xxx amount (that's about 15k above our original offer), I purposely offered low because I wanted some wiggle room and the house needs update...
one of the 5 brothers insisted on holding out till they get their full asking price, that is probably why I still haven't hear back even though I've agreed to their counter.
Really really annoying.......
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| Posted 9/8/05 10:54 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: So frustrated with seller!! UPDATE!
Posted by kelleherkm
Put down what you can afford. As long as you are approved for a mortgage for the blance, the seller's are not going to care how muhc you put down or not.
Most sellers DO care how much you put down. The more you put down... means the more financially stable you are.
How much are you putting down? How much do they want you to put down?
Also... do they simply want you to put more down at contract... or do they want you to put more down on the loan itself?
If you are putting say 100k down for the mortgage... but you initially only agreed to 20k down at contract.
If they wan't 30k down at contract... that really isn't that big a deal because that money would go right into your down payment.
As far as getting money back if the appraisal doesn't come back. Thats a question I would ask your attorney. No offense to anyone here... but don't take people's word here cause thats a serious situation in which you want to be properly advised on..
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| Posted 9/8/05 10:57 AM |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: So frustrated with seller!! UPDATE!
Posted by PiyoPika566
one of the 5 brothers insisted on holding out till they get their full asking price, that is probably why I still haven't hear back even though I've agreed to their counter.
Really really annoying.......
All you can do is wait it out then. Maybe somebody won't give them their asking price. Then the house will be yours.
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| Posted 9/8/05 10:57 AM |
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