Monday, June 9, 2008

Our latest house Failure

So, we finally found a house that we liked. Last week, we put in an offer. The offer was about 94% of purchase price. We figured he would counter us and we would end up somewhere in the middle. Nothing out of the ordinary besides that- the offer had a financing contingency, an inspection contingency, a radon test contingency, and a well test contingency.

There was a broken window in the house when we looked at it, so we asked him to repair that. There was also a door that leads to no where. Our realtor asked him about it, and he said, oh, I plan to put a 3X3stoop in. So we included that in out offer. The appliances he put into the house are very very bad, but he flips houses for a living. Our realtor asked him if he could use those in another house, and give us credit for them, since we would replace them. He said sure.

We also asked him to get a land survey done at his expense. Reason being, that one hasn’t been done since the 50s and the village where this house is requires a survey to be done to do any concrete work. Since he has put a new patio in back and plans on pouring this stoop (which would be visible from the road) we thought it was important so the village wouldn’t require it of us.

Finally, our offer included that he needed to get final permits from the village for occupancy prior to close.

We put that offer in last week and waited. And waited some more. We didn’t hear from him. Finally he called our realtor and said, the offer isn’t enough. I want X for the house. X was 4k under asking price- or 99%.

John and I talked about it, and decided that it was worth it to us to have the house, and put an offer in that was X. We didn’t do a new offer, we just did an amendment. All we changed was that we changed the price to X, and since that didn’t include the appliance discount (since he was taking them), we asked him to give us a 2k credit at closing for that.

So we brave the rainstorms in Milwaukee yesterday to drop off this offer. We drop it off at his place. Its what he wanted, so while we are nervous but happy because why wouldn’t we get the house?

So we wait again. Our realtor calls around 5:30. We figure, that hes getting back to us so fast since its exactly what he wanted. She calls and says:

The owner/flipper left a message. Hes very angry in it. He says he doesn’t want to deal with you anymore. He says it obvious you don’t appreciate the craftsmanship he has put into his house.

So after a bit of talk, I ask her to call him back and apologize. That we gave him that offer (the 99% offer) because he said that’s what he wanted, and try to figure out whats going on.

So we wait and she calls us back:
He said we are bad people. He doesn’t want to deal with us. We have way too many contingencies (financing, inspection, radon test, etc?). We put these things like the window in and we are obviously very picky. (yeah, why should a seller replace a broken window?- and I mean the GLASS is broken in it). Our realtor was on the phone with him for 15 minutes. He was ranting. His wife was yelling in the background. He actually said we were bad people.

So, today we are very sad. I never expected that a person selling a house would say he wanted X, we give it to him, and somehow that makes us bad people. I was a house that we really liked, in a location we really liked, but I guess we will have to find something else.

After looking at 50 houses, and only finding 1 possibility, its probably going to take us a long long time to get a house =(.

No comments: