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Reply to "Do sellers just not respond to offers anymore?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My winning bid was 35k above ask, 60 day free rent back with no mortgage contingency. Free rent backs I hate to do. Buy buyer demanded that the rent back be free or deal off. [/quote] Do you mean the seller asked for free rent back? Ours did too, and we said nope, you're not living in our house for free. We still got the house.[/quote] Our seller wanted to rent back for 6 months, they were willing to pay market rent but we still retracted the offer.[/quote] I would have jumped on that. Mine started with demanding 90 day free rent back. I got him down to 60 day free rent Back [/quote] yeah, in DC anything over 60 days means that you are no longer covered by the sale contract and DC tenant law takes over. we were looking at buying a home from an elderly couple that wanted 90+ days to find their home of choice, and couldn't risk it. (among other things, its nearly impossible to evict elderly tenants). We ended up finding a much better home for us, but I was pretty sad at the time.[/quote] It has nothing to do with the sales contract. It has to do with the lender.[/quote]
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