Skip to main content

Unrealistic buyers!!

We have our home up for sale and have a buyer who signed As-Is contract. Still they came up with a list of stuff to fix and we were forced to agree to 12 out of 15 they are asking(though most of them are regular wear and tear for a 7 year old home), we did all repairs and submitted receipts and have closing scheduled in a couple days. Now the buyers are saying they are not satisfied with the repairs and are threatening to walk away saying it’s sellers default as we didn’t repair as per their satisfaction. They are demanding 2000$ to sign the closing. Since it’s buyers market my sellers agent is pushing to keep agreeing to whatever the buyers are demanding and he is the sole reason why we ended up doing all repairs. Since market is low and we dont have any backup offers they are forcing our hand. They don’t have any inspection satisfaction contingency. What are we supposed to do now? How do we prove we did all repairs as requested(since satisfaction is upto one’s own limit). They have been very nit picky and mentally harassing us and sellers agent is just dancing to their tunes.

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

source https://www.reddit.com/r/RealEstate/comments/1e7qnq2/unrealistic_buyers/

Comments

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...

How to Avoid Property Scams in Delhi?

Here’s What You Should Know! Commercial Real Estate (Non-Residential) Buying a property in Delhi can be tricky, especially with all the stories about scams and shady deals. If you're in the market, here are some tips to keep yourself safe:Double-check the documents: Always verify ownership and approvals. Don’t just take someone’s word for it—look at the actual papers. Do your homework on prices: Compare similar properties to avoid overpaying. A little research can save you from a bad deal. Work with trustworthy people: Whether it's a seller or an agent, go for someone who's transparent about pricing and the process. If they’re dodging questions, that’s a red flag. Ask for reviews or references: If someone you’re dealing with has a good track record, they won’t hesitate to share testimonials or connect you with previous clients. I’ve noticed that some property services have started focusing on things like verified listings and clear communication, which makes the whole proc...