Anonymous
01/29/2023 10:35
Subject: De facto "as is"
Anonymous wrote:Anonymous wrote:Anonymous wrote:Dcum always bashes smart and demanding buyers. Mostly presumably because they know the horrors their houses hide come sale time. Don’t pay them any mind. Who cares? May the best negotiator win.
No worries, actually, the topic has been helpful.
This deal may not stand because I negotiated it anticipating typical concessions on the inspection, and my agent also expected the same. Now we will know better and negotiate more aggressively upfront.
OP, you negotiated in bad faith because you never intended to pay the purchase price that you offered. You're pulling the bait and switch, not the sellers.
Like other posters stated, you don't understand the terms and what the seller is or isn't obligated to do. You seem to be making up a lot of "rules" that don't have any legal basis. Your inspection contingency allows you to back out of the deal based on the inspection. You can try to negotiate, but it never obligated the sellers to pay for anything. You can still back out, which is all the inspection contingency ever guaranteed you. Stop being petty and vengeful with trying to stick it to the sellers with disclosable defects. They didn't try to conceal the age of the furnace or cracks in the driveway. You risked the cost of the inspection when you made an offer that you never intended to fulfill. You're dishonest and looking for ways to justify it.
PP, no, OP didn’t. You don’t have a basic understanding of how real estate bids and contracts work. You sound unintelligent
Anonymous
01/29/2023 10:33
Subject: Re:De facto "as is"
Anonymous wrote:Anonymous wrote:Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
I think you are making a sweeping generalization based on this one experience. I know someone who bought recently in VA and the seller put on a whole new roof before the sale. So it really depends on who you are dealing with more than what state or area you are in. Just walk away if you don't like the deal.
If you read this thread, it becomes apparent that sellers do not have an expectation anymore to fix things based on the inspection. It is take it out leave it.
That is not what I expected and the price reflects my expectation. Now the house is overpriced.
This is in VA. Who cares? Houses everywhere. It’s not like the prime 5 blocks in DC and nothing for sale. They’ll be praying for the next buyer in this market.
Anonymous
01/29/2023 10:31
Subject: De facto "as is"
Anonymous wrote:We have bought and sold all over the country and it is always like this. Not a regional thing. We have bought and sold houses that were old and new. Buyers freak out about an inspection and depending on the market we either give them 5k towards all of it or zero. My favorite was the new house we bought built by a high end custom builder. We lived in it for 4 years and the inspection was fine but said it could use radon mitigation due to possible increases in radon due to climate change. Um..... buyer wanted use to put in radon mitigation for 17k. We said no. They said fine just give use the money and we said no. They said they would walk and we said fine. They ended up buying the house and still haven't mitigated the potential radon! That was in 2011. 😂
To be fair, there is a difference between ***potential*** radon increase versus real need to seal the chimney and reinforce a deck support that has a fist sized hold in it. I appreciate your perspective. We also in the past did small fixes and gave some money on the inspection as normal procedure, as well as received it.
Anonymous
01/29/2023 10:31
Subject: Re:De facto "as is"
Anonymous wrote:Anonymous wrote:Not seeing the total reduction OP wants to negotiate clarified anywhere. Is it $15k reduction, it total, for all "issues"? Or $15k to replace the furnace but thinking to split the difference-plus a new driveway etc.?
15k for all issues, and negotiable at that
They want to give zero
I don’t know the sale price, but you can go for more up to the closing costs. They’ll sell the house for less to the next person once they drop out if contingency once or twice.
Anonymous
01/29/2023 10:30
Subject: Re:De facto "as is"
Anonymous wrote:Anonymous wrote:Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
"Big problem" is pretty subjective. A 25 year old furnace could last several more years for example. It could have been well maintained and wasteful to replace before its time.
I have no way to assess that as a buyer.
Things have a useful life. This furnace is a goner.
I would not want a seller to repair anything because they would not do it to my standard. I’d negotiate for the closing costs and if not there are so many better houses.
Anonymous
01/29/2023 10:26
Subject: De facto "as is"
We have bought and sold all over the country and it is always like this. Not a regional thing. We have bought and sold houses that were old and new. Buyers freak out about an inspection and depending on the market we either give them 5k towards all of it or zero. My favorite was the new house we bought built by a high end custom builder. We lived in it for 4 years and the inspection was fine but said it could use radon mitigation due to possible increases in radon due to climate change. Um..... buyer wanted use to put in radon mitigation for 17k. We said no. They said fine just give use the money and we said no. They said they would walk and we said fine. They ended up buying the house and still haven't mitigated the potential radon! That was in 2011. 😂
Anonymous
01/29/2023 10:23
Subject: Re:De facto "as is"
Anonymous wrote:Not seeing the total reduction OP wants to negotiate clarified anywhere. Is it $15k reduction, it total, for all "issues"? Or $15k to replace the furnace but thinking to split the difference-plus a new driveway etc.?
15k for all issues, and negotiable at that
They want to give zero
Anonymous
01/29/2023 10:22
Subject: Re:De facto "as is"
Anonymous wrote:Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
"Big problem" is pretty subjective. A 25 year old furnace could last several more years for example. It could have been well maintained and wasteful to replace before its time.
I have no way to assess that as a buyer.
Anonymous
01/29/2023 10:22
Subject: Re:De facto "as is"
Anonymous wrote:Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
I think you are making a sweeping generalization based on this one experience. I know someone who bought recently in VA and the seller put on a whole new roof before the sale. So it really depends on who you are dealing with more than what state or area you are in. Just walk away if you don't like the deal.
If you read this thread, it becomes apparent that sellers do not have an expectation anymore to fix things based on the inspection. It is take it out leave it.
That is not what I expected and the price reflects my expectation. Now the house is overpriced.
Anonymous
01/29/2023 10:21
Subject: De facto "as is"
Anonymous wrote:Anonymous wrote:This is not Bait and Switch.
Agree. OP, you’re just flat wrong. There is no obligation on any seller’s part to fix anything. Your remedy is to terminate the contract if it’s not worth it to you. They can come back with things they’re willing to do but that’s a negotiation like anything else. If they either think you’ll cave, or they think they can get their price from someone else, there is no reason for them to negotiate.
I have never fixed anything in a sale other than a “difficult” property where I didn’t have a better alternative. I remember one home where the buyer tried to present 6 figures worth of “repairs” and sounded shocked, shocked that I told them they could just walk away instead.
They came back with zero.
I am prepared to walk.
Anonymous
01/29/2023 10:17
Subject: Re:De facto "as is"
Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
"Big problem" is pretty subjective. A 25 year old furnace could last several more years for example. It could have been well maintained and wasteful to replace before its time.
Anonymous
01/29/2023 10:13
Subject: Re:De facto "as is"
Anonymous wrote:
I don't understand what conclusion you're drawing about NoVa sales.
That I should not rely on inspection for normal minor fixes prior to the sale, but only as a way to back out of a deal if a big problem is found.
In the past, both I as the seller and other sellers would do minor fixes in the house based on inspection report.
I think you are making a sweeping generalization based on this one experience. I know someone who bought recently in VA and the seller put on a whole new roof before the sale. So it really depends on who you are dealing with more than what state or area you are in. Just walk away if you don't like the deal.
Anonymous
01/29/2023 10:11
Subject: Re:De facto "as is"
Not seeing the total reduction OP wants to negotiate clarified anywhere. Is it $15k reduction, it total, for all "issues"? Or $15k to replace the furnace but thinking to split the difference-plus a new driveway etc.?
Anonymous
01/29/2023 10:10
Subject: De facto "as is"
Anonymous wrote:This is not Bait and Switch.
Agree. OP, you’re just flat wrong. There is no obligation on any seller’s part to fix anything. Your remedy is to terminate the contract if it’s not worth it to you. They can come back with things they’re willing to do but that’s a negotiation like anything else. If they either think you’ll cave, or they think they can get their price from someone else, there is no reason for them to negotiate.
I have never fixed anything in a sale other than a “difficult” property where I didn’t have a better alternative. I remember one home where the buyer tried to present 6 figures worth of “repairs” and sounded shocked, shocked that I told them they could just walk away instead.
Anonymous
01/29/2023 09:58
Subject: De facto "as is"
This is not Bait and Switch.