We bought a nice house in an area that we don’t necessarily love but that’s near my wife’s family and down the street from her sister and niece. Bought at 390k but this house would be 600k easy in the area we love 25 minutes away. Earnest money deposit was 4 grand and I know now at this point if we decide to back out (my wife is now adamant she doesn’t want to live there) we will lose that 4k unless by some miracle the appraisal comes in really low and the deal dies because of poor LTV.
Just pissed and venting that my wife is putting me in this impossible position. We have two small boys and are planning to have more. I thought we were on the same page that we would live close to “help”/family while our children were little so they could be close to grandparents and cousins and if we wanted to move later we would but…. Here we are, half in-half out
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source https://www.reddit.com/r/RealEstate/comments/15cu1ae/ugh_naturally_the_day_after_the_inspection_period/
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