Misfitmorgan's Journal - That Summer Dust

misfitmorgan said:

The issue i have is they told the realtor the offer was accepted at 60k and even sent over the sellers agreement for myself and the realtor to sign. Then over a week later they came back with....no we need 62k.

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Not at all unusual.
They just wanted to make sure your offer was serious. Testing the water..It has to start somewhere, and all serious sales begin with a potential buyer signing the paperwork--meaningless until the seller signs.

On every offer/bid I had, my agent told each one, "sign the agreement and we'll go from there".
At one time, I had 5 different agreements in front of me to pick from and sign. I held off another week and picked from a different set of offers, eventually signing one that was 5 figures beyond what the highest of the previous 5 was.

Alright....here it is unusual.

No one else here has even heard of anyone here doing that. They do not have any other offers right now. I would think the pre-approval for 20+K over the asking price that i sent with my offer would mean I was serious.

The seller and buyer realtor is the same person, who is a friend of my parents ironically so he knows the offer was serious.

Here except for maybe in very large cities or very highly desirable locations if you are told they accepted the offer and your sent seller agreement to sign...thats it. I live in a very low density population area, it is only desirable because of tourist and where i work....even so this house itself is not in a desirable location as it is almost 30miles from my work and where the tourists go. Hence why it has sat for 9months.

I agree @misfitmorgan, if you are told the offer is accepted, it is accepted unless you don't sign the agreement. Having the offer DELIVERED to the seller is a whole different kettle of fish.

Sorry about your ewe lamb. I hate losing animals. I know it is part of farming, but I never like it. You will soon be building a new pen, new fences, on your own place.

Yes, the place needs work. Yes, it needs to be poked and prodded to evolve into just what you want, the way you want it. But the major part is that it will be YOURS. You will work hard and spend money. It will be a great feeling when you finish putting up YOUR fence around YOUR land. All the improvements you make will be well worth it.

The seller is the one who sent the seller agreement to be signed. I still am not sure what happened there.

Anyhow...still waiting.

Thanks @Baymule it definitely sucks.

What really sucks is that the only properties you can find that "might" fit what you're looking for/need are foreclosure properties. Unless you have the cash to buy it outright, dealing with banks is a royal PITA.

Seems to me that if the seller is sending said agreement, they should sign it BEFORE sending it to you. No deal until you sign and return it. Shouldn't take more than a couple of days!

Our offer was accepted.

New Seller Addendum arrived in my email last night as long with a few other forms. Everything is signed and emailed back to the realtor.

We did retain the closing date of 09/29 instead of moving it ahead. Seller will give an extension if needed.