Wednesday, May 7, 2014

Purchase attempt fail

We made an offer on the property with the creek and stream.

Since everyone wants to play the game I offered $24k less than they were asking and they countered $10k less than the initial asking price. After some discussion the seller decided not to lower the price more, as she was going to do some renovations in hopes of getting the full asking price.

What?

I'll buy it right now, but instead you want to put more time and money into something that's been for sale for 3 years.
I was hoping we could meet in the middle but instead the lady can enjoy it not selling. It won't even appraise for what she want's since the 3 bedroom will only be a 2 bedroom since it's missing a closet. While there is no standard for listing property, there is one for appraisal: door plus window, plus closet = bedroom.

We tried, we made a fair offer in the game.

This process could be done right now if we didn't want tree's, a good well, power, etc. It's easy enough to go off grid with wind and solar, but it's really expensive to get power connected.

Our realtor will call this afternoon and we will discuss some things. There isn't anything else available with running water on property unless we wanted to fork out $300k+

6 comments:

  1. Sorry, friend. I think the seller's a bit cracked, so maybe you're better off. But that doesn't make it easier to take.

    ReplyDelete
    Replies
    1. This morning I woke up and we decided that we really didn't care anymore. This whole project will continue, but if it doesn't work out, so be it. We weren't ever worried, but we just really wanted it to happen at our fast pace.

      Delete
  2. I don't understand the logic either...

    ReplyDelete
  3. She doesn't like you and your attitude.

    ReplyDelete
    Replies
    1. It was probably when I punched her right in the left tit. The right one was the accept offer button and I missed.

      Delete