- Pregnancy
- Baby & Toddler
- Parents
- Getting Pregnant
- Baby Names
- Product Reviews
-
Registry
- Community
-
More
Want a personalized experience?
Download the free app
Stay at Home Moms
Grrrr..
It doesn't look like we are going to get that house after all. The sellers didn't like our offer. They feel that the house is worth more than they are asking (they say they had it appraised in January for $10k over their current asking price) and that they shouldn't have to take less, pay closing costs, or leave any of the belongings we are asking for (wooden play set, washer/dryer, pellet stove, and shed). They already bought a house and said that if they can't find a buyer willing to pay fairly they will rent it instead.
We were offering $5k under asking price but wanted $10k to pay our closing costs and wanted the above items included. The house is a 3 bedroom and 1 bath. We need to hang onto our cash to put in a bath after closing so the closing cost part is not negotiable. We can go up in price a little and they can keep their stuff except for the shed. That will probably be our final offer and if they are willing to lose a buyer over $10k and a shed then we'll just rent for the next year and buy next summer and they can enjoy being landlords. 
I think we are going to offer that as our final offer and tell them they have 24 hours to reply because after that we are signing our lease here for the next year.
I really love that house but they are being unreasonable. It's a 3 bedroom, 1 bath house. Those don't sell for more than around what we are offering and they have garages ... this one doesnt.
This discussion has been closed.
Re: Grrrr..
Thanks Laney! I know you are right... if it is meant to be it will happen. We just had our agent call theirs with our final offer. We came up a bit in price and took off some of the items we were asking for and they want to keep. We'll see what they say about the new offer but I'm not holding my breath.
It's ok though. It's probably better for us to rent another year and save up more money /pay the last little bit of debt we have left. Then we can start house hunting early Spring and move early Summer next year. There is even a good chance this house will still be for sale next year and have lowered the price by then. So, I'm sure it will work out as it should. I'd love to get the house but I won't be crushed if we don't.
Thanks! I thought it was reasonable too. Maybe a bit overboard with asking for so much stuff but lots of room to negotiate. I can see them wanting to keep the washer and dryer too... it's really nice. We were just hoping to have one less thing to buy at closing and thought it was worth a try. The playset we only asked for because at the open house we were admiring it and asked their agent if it was staying and she called them on the spot and the wife said it could stay. Their kids are in their early teens so I guess they figured they could live without it or get a new one. And the pellet stove I was worried about them taking because it is vented out the wall in the living room. Really the shed is the only thing that was a must have for us.
I am not expecting great things with the new offer but we will see.
They did originally have it listed in Feb at the amount they said it appraised at a month earlier. They just dropped it $10k earlier this month. I guess they feel that means they should sell at that price then but people are always going to want to negotiate especially in this market.
Sounds like you are doing the right thing. We are looking for houses now and I plan on offering $10k under the asking price. Of course depends on the house how much we go up from there, but I think you are being very resonable. To bad they did not like your offer:(
I have no idea what price range you are in, but we listed our house for 10 under appraised value to sell it quickly, we got 4 offers and they all were like yours, we also turned them down and got another decent one very quickly. There is no way I would have taken so much under the asking price with 10K of closing costs. It might be a buyers market, but no one is willing to give a house away.