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neenie
Member since 5/05 22351 total posts
Name:
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
update #5 is the bestest. 
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Posted 7/26/08 12:30 AM  |
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BlueDiamonds
mommy to 3 boys
Member since 2/07 3885 total posts
Name:
proud mommy
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
are these the comps the agent sent you? they are all (with the exception of the first) the same price if not higher than the current asking price. are there no other homes in the area that sold for less than what they are asking? not like they would show you that anyway. and when did these homes sell, 6 months, 1 year ago? we had an agent try to show us comps from the year before when the market was SO much different.
IMO, you shouldn't pay the same price for a less updated house. these are all things that should be taken off the price. i'm sure you have an absolute final number in your head. stick to it!
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| Posted 7/26/08 10:01 AM |
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leese
Sarge!
Member since 5/05 1965 total posts
Name:
Leese
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Posted by BlueDiamonds
and when did these homes sell, 6 months, 1 year ago?
that is so key!!! if any of them are older than 6 months (or close to it), the bank will not look at it during appraisal. it has to be recent!
good luck!
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| Posted 7/26/08 10:09 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
"412251 SOLD Price 325,000 (currently same as sellers counter)
house was completely renovated in 2007. also natural gas and municipal sewer."
there's your answer - assuming this house is similar to the one you're bidding on.
I say stick to your guns about the price. I understand that sellers want to get every dollar they can, but there are way too many houses on the market and they have more at stake than you do.
if they don't budge on the price, walk away. and there is the possibility of them running back to you accepting your counter. but if not, it wasn't meant to be.
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| Posted 7/26/08 10:53 AM |
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bigspender
Back to school
Member since 4/07 1385 total posts
Name:
Irene
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Posted by SweetestOfPeas
"412251 SOLD Price 325,000 (currently same as sellers counter)
house was completely renovated in 2007. also natural gas and municipal sewer."
there's your answer - assuming this house is similar to the one you're bidding on.
I say stick to your guns about the price. I understand that sellers want to get every dollar they can, but there are way too many houses on the market and they have more at stake than you do.
if they don't budge on the price, walk away. and there is the possibility of them running back to you accepting your counter. but if not, it wasn't meant to be.
I agree. There are so many homes on the market and if this doesnt work out another one will.
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| Posted 7/26/08 1:40 PM |
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cindy104
This is my "Baby"
Member since 6/08 1522 total posts
Name:
Cindy
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Posted by SweetTooth
Some people have unreaistic views of their house and don't care what comps are. To them, their house is worth whatever it is they are asking, and unless they are desperate to selll will stick to that asking price.
Some people are oblivious to the fact that the housing market is down and think they can still get 2005 prices.
Hopefully your sellers are not these kind of people!
ITA agree and it's sooooo annoying when house-shopping too!
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| Posted 7/26/08 5:27 PM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name:
Karen
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
I love your updates!! Definitely stick to your price! You have done some fantastic research, and any "reasonable" seller should see that. Unfortunately, not too many people are reasonable, and they want what they want. Meanwhile, they are going to spend MONTHS on the market, all the while paying a mortgage and taxes.
I wouldn't be surprised one bit if in a month or so they come running back to you guys!
When it comes down to it, the sellers don't set the price, the market does. The ony way for a house to sell is for the seller and market to agree. Clearly, your sellers have no concept of the market right now!
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| Posted 7/26/08 6:06 PM |
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smdl
I love Gary too..on a plate!
Member since 5/06 32461 total posts
Name:
me
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
I command you for not putting your feelings of "I have to have this house" in the way of common sense.
This is a business deal not an "emotional" deal. Of course, you like the house but the investment has to make sense.
Good for you that you did your research on comps.
Time to move on to better houses for the value.
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| Posted 7/26/08 9:19 PM |
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suvenR
designer mutt
Member since 5/05 4239 total posts
Name:
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Ya know what- this is a BUYER'S market and you are the buyer. I know you like the house, but I feel very confident that you will find one you like better at a lower price. I've been thinking about the comps you posted and it just doesn't sound like "your" house is priced appropriately.
And, agreeing on a price is just the FIRST step in the buying process. If these sellers are unreasonable now, it will only get worse as the process moves along.
If there are repairs needed, I doubt they'll be reasonable about that. If timing becomes of the essence at some point- again- I doubt they'll be reasonable.
They just don't sound reasonable. Being someone who JUST finished buying AND selling two weeks ago, I can guarantee you that the process is miserable and if you're dealing with unreasonable people, it will become your own personal hell.
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| Posted 7/27/08 10:19 AM |
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Karen
Just chillin'!!
Member since 1/06 9690 total posts
Name:
Karen
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Posted by suvenR
They just don't sound reasonable. Being someone who JUST finished buying AND selling two weeks ago, I can guarantee you that the process is miserable and if you're dealing with unreasonable people, it will become your own personal hell.
so true! the people we bought from were a nightmare, but so far the person buying our condo has been a dream!!!!!!
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| Posted 7/27/08 11:04 AM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name:
remember, when Gulliver traveled....
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom
Update #6
so the seller STILL has not gotten back to us on our counter.
we had a tentative appt for a home inspection on Sunday which we had to cancel b/c they blew their "deadline" to call us. then they call Sunday afternoon and this is the gist of what the deal is
the seller is an EX real estate agent so he feels he "knows the market". the sellers agent sent him my comments about the comps and he wants more time to review them before coming back to us. according to the agent, he says he is is no rush (they are selling the home as part of a divorce settlement...whenever they divorced they decided to keep the house until the youngest child went off to college, which will happen in a few weeks)
and apparently he has ZERO respect of compassion for the time or patience of others.
I agree with Suven that this guy is going to be a real PITA and I at this point, I'd LOVE to just pull our offer out from under his stupid arrogant nose ( ) but my dh, being the far more "sensible" of we two tells me "we don't care about them. we just want them out of the house" so I will NOT cut off my nose to spite my face.
We will continue looking and let this guy do whatever he wants.
If we finda home we like more in the meantime, we will pull our offer. (and then I will tp his lawn  totally JK)
he just seems so arrogant...I have ZERO tolerance for that.
thanks guys.
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| Posted 7/28/08 11:48 AM |
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leese
Sarge!
Member since 5/05 1965 total posts
Name:
Leese
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom UPDATE 6
You are doing the right thing. Do yourself a favor and keep looking. This guy "knows everything" and I could imagine him being a PITA during the contract/closing process.
Hopefully he'll come to his senses!
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| Posted 7/28/08 11:51 AM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom UPDATE 6
I would just keep looking. Seems like he is going to be a royal pain in the butt about all of this. I'm sure there are plenty of other houses that you will love even more. GL! Many
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| Posted 7/28/08 11:59 AM |
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dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name:
Dina
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom UPDATE 6
Posted by JldDolphin
I would just keep looking. Seems like he is going to be a royal pain in the butt about all of this. I'm sure there are plenty of other houses that you will love even more. GL! Many
ITA! He does sound like a PITA! GL!
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| Posted 7/28/08 12:06 PM |
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Jackie24
~We Did it~
Member since 7/06 6718 total posts
Name:
Jackie
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Re: Holy sheeeeeeeet! we just made an offer Updated with a NON update: UPDATE #2: they countered UPDATE #3: we went back UPDATE #4: still waiting UPDATE #5 LOONG! on page 2 towards the bottom UPDATE 6
 Keep looking neighbor!
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| Posted 7/28/08 4:12 PM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name:
remember, when Gulliver traveled....
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
7/29
so unbelievably the seller HAS NOT GOTTEN BACK TO US and our last counter.
so now it's time to play. My agent is calling his agent and telling her if we don't have a response by tomorrow AM, we are pulling our offer. and even if they come running back, they will NEVER see that number again. It's a gift. and you shouldn't look a gifthorse in the mouth.
especially one with a penchant for kicking. HARD.
   
I am trying for this house b/c my dh REALLY likes it. but I won't let us be toyed with.
we already have a few appt set up for more homes this week. And, my ORIGINAL favorite has gone down in price low enough for us to afford it. and he is warming to that idea as well.
time is running out, asssshole. 
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| Posted 7/29/08 3:43 PM |
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JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
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| Posted 7/29/08 3:54 PM |
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SuzyQ
Mama to 3!?!?!?
Member since 7/06 8069 total posts
Name:
Susan
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
The seller sounds like a real piece of work! Keep us posted.
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| Posted 7/29/08 5:08 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
looking forward to your update tomorrow...
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| Posted 7/29/08 10:07 PM |
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dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name:
Dina
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
Posted by SuzyQ
The seller sounds like a real piece of work! Keep us posted.
I agree. It sounds like you are making all the right moves. The seller sounds like a JERK!
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| Posted 7/29/08 11:21 PM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
I think its time to give up on that house. The seller obviously isn't interested. Don't worry- your house is out there!
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| Posted 7/30/08 8:50 AM |
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MrsRJP
Happy Spring!!!
Member since 12/07 2151 total posts
Name:
Rena Marie
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Re: Holy sheeeeeeeet! we just made an offer UMPTEENTH Update! PLAY BALL
Posted by SweetTooth
I think its time to give up on that house. The seller obviously isn't interested. Don't worry- your house is out there!
I agree. I would go elsewhere where your money is appreciated. He sounds like a Mr. Know it all and I guarantee that house will sit for quite a long time on the market because of his stupidity.
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| Posted 7/30/08 12:59 PM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name:
remember, when Gulliver traveled....
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Re: Holy sheeeeeeeet! we just made an offer FINAL (?) UPDATE: It's over
7/30:
so basically the seller said he still wanted time to think and compare (aka pray to the RE gods for a better offer to come across his plate) and didn't counter sooo
our offer is OFF the table.
they actually had some "appraiser" review my comments about their comps LOL (and said I seemed stuck on hardwords...whatever d1ck) and rather than acknowlege that this is a done deal, he said he'd still like to think.
UM there is nothing else to think about b/c if you come knocking back....it's for our ORIGINAL bid or nothing.
In the mean time...we are gearing up to look at 5 homes on Friday...including
I AM sad b/c I think this house that we "lost" had the best layout for the needs of our family and entertaining...but there are others homes, with other positives and negatives that we can work with.
Message edited 8/1/2008 12:18:52 PM.
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| Posted 7/30/08 4:09 PM |
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SuzyQ
Mama to 3!?!?!?
Member since 7/06 8069 total posts
Name:
Susan
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Re: Holy sheeeeeeeet! we just made an offer FINAL (?) UPDATE: It's over
That seller sounds like a complete fool and I'm sure he'll be kicking himself for not taking your offer. I love your first true love house. Have fun looking this weekend!
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| Posted 7/30/08 4:16 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Holy sheeeeeeeet! we just made an offer FINAL (?) UPDATE: It's over
Posted by SuzyQ
That seller sounds like a complete fool and I'm sure he'll be kicking himself for not taking your offer. I love your first true love house. Have fun looking this weekend!
yep- my Dad always says the first offer is your best offer
take it and run
I do like the other house better- the one you like- that's a great price-
offer them $299K - I bet they take it
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| Posted 7/30/08 4:52 PM |
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