“Not Every Real Estate Transaction is Successful”
After speaking to my client a couple of times it was obvious that the purchase of her second home she had under deposit was not going to happen. This was definitely a case of a stubborn buyer and seller and two Realtors that couldn’t bridge the gap. This one was just not meant to be:
The deal fell through over the weekend. We can't agree. All the heating and water systems need to be replaced to the tune of 9,200 and they won't budge more than 6k on the asking price and I can't justify paying a premium for a home with working systems that I have to pull out and replace before I can put furniture in it because it' basically paying for systems twice, so we are done.
Is there a way to extend the loan so that I don't have to reinvent the wheel with all the paperwork if I find another place in the next 60 days?
Let me know, thanks much.
Image courtesy of StuartMiles/freedigitalphotos.net
Subscribe to my blog via Email:
Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.