Going to strangle our house buyer!

Avatar for colomom99
iVillage Member
Registered: 03-28-2003
Going to strangle our house buyer!
3
Fri, 06-02-2006 - 3:18pm

Sorry about the vent but here goes: We sold our house in very short order (2 weeks) and put a bid on another one. There was some negotiation on both sales but that is too be expected. I figured we were done. Ha! I scheduled a home inspection on the new house to happen two days after the final bid was accepted. Our buyer on the other hand waited until the very last possible minute on the day of the deadline and then started saying, oh, I'm going to have to get a structural engineer out here and a sewer line technician because he was soooo sure there were all kinds of problems. So of course we had to give him an extension on the inspection deadline. Then, again on the last possible minute of the extended deadline he submits his demand list. He wants $8K in either repairs or money. We are royally pissed off because some of the stuff seems questionable but we are kind of over a barrel. We tell him we'll give him $6K and do some of the repairs. He refuses saying he needs $900 more. I am so mad at this point but say OK just to be done with it. But no. The deadline for the house appraisal is Monday -- less than two weeks from the closing and scheduled moving date. I thought that was long ago done. I find out he has scheduled the appraisal for Monday morning.

I'm trying very hard to give this guy the benefit of the doubt but I think he is putting everything off until the last possible second so we have no time to counter. aaargh. It's not just this deal that is at stake. Our new house purchase hangs in limbo and so does the house purchase of the people we are buying from as they are also buying a new house and need their old one to close before they can proceed. It is the big chain of deals that could completely collapse if one link fails. Our real estate agent had told us not to start packing but time is really running out. We close the 16ht and move the 18th. I packed last weekend and had planned to pack this weekend as well. Now I probably have to wait until Monday. I want to wring this guy's neck.

Grrr.
Jenny

iVillage Member
Registered: 01-31-2006
Fri, 06-02-2006 - 3:56pm
I am sorry that you are going through this. We recently bought our first house, and one thing I learned is that it's not over until it's over, and that's when the last signature is signed on the last page of the huge contract. As a buyer, I myself wasn't even sure if the bank would approve us at acceptable to us terms, even though we were preapproved. I would have felt really sorry for the sellers, but if we would not be comfortable with the terms, we would have said no and lost the deposit. That said, I think that your buyer is playing some sort of a game scheduling the inspection on the last day.
Sincerely, student.
Avatar for colomom99
iVillage Member
Registered: 03-28-2003
Fri, 06-02-2006 - 6:48pm

I DO remember how I sweated it out as a first time buyer! It was one week before my wedding and the phone was ringing off the hook and people were advising us to back out over a roof problem and the bank wouldn't make the loan until the roof was fixed and the sellers didn't have the money to fix the roof. It was such a mess but it all worked out fine.

This is different. This guy is paying cash (!) for the house. And he is not a first time buyer. The reason I'm not buying that he is just scattered and a procrastinator is that when he walked through the house with the inspector he tape recorded everything everyone said! My husband just told me that part last night. It's probably good I wasn't home. Sigh.

Jenny

iVillage Member
Registered: 04-08-2003
Fri, 06-02-2006 - 7:37pm

That guy sounds like SLIME Jenny. We too are selling our house and had the inspection yesterday and the appraisal today. The buyer was great. I'm sorry we're leaving 'cause I think we'd be great neighbors. The inspector was another story.

He told the buyer that our deck wasn't attached to our house, which isn't true. He also told them that my deck therefore was against code and they should check the permit!

He also said that there was only one layer of shingles on part of my roof. No duh! There is only one layer of shingles on the entire thing! It is the original roof and only three years old. He told my buyer it was against code as well.

My husband was a custom home builder and remodeler (a detail I didn't reveal to the inspector). He is very familiar with what is against code and what isn't.

Unfortunately you are along for the ride. If I've learned one thing over the last several months...it's that there is no use worrying about things you can't do anything about. It will all work out.

In the meantime...don't trust your buyer.

Good Luck...samey