Skip to main content

a professional way to tell agent that we have decided to build a home instead of buy?

My fiance and I are first time home buyers. We went through the process of getting pre approved and we were ready to go. We decided to use a realtor that my best friend had used recently and had a good experience with. We had a meeting with him a few days ago where he introduced himself and went through the whole buying process. The next day I found a house I wanted to see online and sent it to him. He showed us the house and it ended up being a pass for us.

We have been entertaining the idea of building a house for a few months now, but after sitting down and going over all the pros and cons, we decided it would be the best thing for us.

He sent me a buyers agreement and I want to know a professional way to let him know we decided to explore another path. I feel like an a**hole for essentially wasting his time and maybe I shouldn't have enlisted his services if I wasn't 100% set on buying, but I would feel bad ghosting him and I did appreciate his insight and professionalism. (He only showed us one house but I think its just my anxiety making me overthink this)

Edit: I plan on buying a lot and building there

submitted by /u/lunarblisss
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/luvko8/a_professional_way_to_tell_agent_that_we_have/
Labels:

Comments

Post a Comment

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear
1 comment
Read more

Fast Rising HOA Fees on NYC Condo, No Budget Provided

My wife and I are first time homeowners and could use some advice on a situation we've been having with our management company and Board. We bought a condo in Brooklyn two years ago, and since then our HOA fees have climbed dramatically. In August of last year, our fees were increased by ~30% and just yesterday we received notice that this new figure would be increased by 16% as of June 1st. The by-laws for our building state that ten days before such a change goes into effect, the Board must provide unit owners with the itemized budget upon which the new numbers were based. This didn't happen last year, and when I asked the management company about it, they just kept vaguely insisting the Board had done due diligence. After I kept pressing, they finally sent a budget that was several years old, so obviously not the one that the new numbers were based on. When I asked the management company for contact information for the Board to get further clarification, I was told that th
Post a Comment
Read more

How to create fidelity investments current bank statement for lender during escrow

I transferred a certain amount to my bank account to complete the minimum down payment required. The bank wants a current statement of the transaction. Unfortunately, fidelity only does quarterly statements so a December statement is not available and we are due to close next week. I called fidelity and they they can only provide a letter but the bank said that won’t suffice. Any way I can find or make one of my own that has my account number/name along with all the recent month’s activities? submitted by /u/bodaciousbeans [link] [comments] source https://www.reddit.com/r/RealEstate/comments/zmnnqo/how_to_create_fidelity_investments_current_bank/
Post a Comment
Read more