Friday, October 26, 2007

Bump in the road

After we made our offer, we anxiously waited everyday for the seller to call us back. She had seemed ok with the price when we verbally made the offer. So when M finally got to talk to her, she hemmed and hawed about waiting on her lawyer, and waiting for other offers. This was two weeks after we made the official offer.

Later that week her lawyer writes up an agreement and faxes it to me at work. To me it is an affront to everything we’ve sent her. It’s a completely new agreement, says none of the things we wrote in on our offer, and has her original price listed, $30,000 more than we wanted to pay.

When M sees the offer he calls her and says this is not at all where we want to go and she blames her lawyer for filling it out wrong. At this point M tells her he’s not sure if we even want to pursue this anymore. It’s been 3 weeks since we put in an offer. She says to talk it over with me and let her know if we want to withdraw our offer.

We talked it over and decided we don’t really want the house for a number of reasons. I really wanted a pre-WWII home, this one was built in the 50’s. There’s a lot of work to be done to the wet basement, and electric work. The house is a ranch, and it’s on a busy street. And the seller doesn’t want us to work with a realtor, she wants us to her with her and her lawyer. There’s no way we’re going into this just on our wits alone. We’d have to hire a lawyer or retain our realtor out of our own pocket.

In the end we weren’t comfortable compromising so much for a house we weren’t in love with and withdrew our offer.

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