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Home › Forums › Closed Forums › Buying and Selling RE › Anyone counteroffer a REO after inspection?

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  • August 10, 2009 at 8:50 PM #443876
    temeculaguy
    Participant

    One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?

    August 10, 2009 at 9:08 PM #443881
    Oxford
    Participant

    [quote=temeculaguy]One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?[/quote]

    The inspector was not a structural engineer and only noted it on his report and suggested I get contractor to look at it. I am going to get bids this week and follow your advice.

    August 10, 2009 at 9:08 PM #444129
    Oxford
    Participant

    [quote=temeculaguy]One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?[/quote]

    The inspector was not a structural engineer and only noted it on his report and suggested I get contractor to look at it. I am going to get bids this week and follow your advice.

    August 10, 2009 at 9:08 PM #443950
    Oxford
    Participant

    [quote=temeculaguy]One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?[/quote]

    The inspector was not a structural engineer and only noted it on his report and suggested I get contractor to look at it. I am going to get bids this week and follow your advice.

    August 10, 2009 at 9:08 PM #443348
    Oxford
    Participant

    [quote=temeculaguy]One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?[/quote]

    The inspector was not a structural engineer and only noted it on his report and suggested I get contractor to look at it. I am going to get bids this week and follow your advice.

    August 10, 2009 at 9:08 PM #443543
    Oxford
    Participant

    [quote=temeculaguy]One alternative is to get two bids to repair the structural issue and that alone, ask for that amount to be knocked off the price (not cash, they hate that even though it’s all the same). In writing, inform them of the issue and your request (now they cannot tell the next guy they were unaware), maybe even threaten to tell the next guy if it goes down that road. They have two choices, accept your discovery and new price or tell you to pound sand and go to #2 on that list, seems like you win either way but you need to be prepared to not get that house. BTW, how expensive/extensive did your inspector say it was?[/quote]

    The inspector was not a structural engineer and only noted it on his report and suggested I get contractor to look at it. I am going to get bids this week and follow your advice.

    August 10, 2009 at 9:23 PM #443960
    temeculaguy
    Participant

    Okay but of it blows up in your face, you don’t get the house and your wife leaves you over it, you can’t stay with me. I only say this because since getting a 5br house, every guy that gets thrown out wants to come here, this is why I refuse to buy beds for the guest bedrooms.

    I totally forgot to include the disclaimer that not only am I not an expert, I’m an idiot, then again, you’ve been here awhile so, caveat emptor. BTW, they sell cameron hughes meritage by the 1.5 liter bottle now at costco so I’m not sure if I’d follow my own advice knowing that little factoid. Either way, good luck, we are behind you.

    August 10, 2009 at 9:23 PM #443358
    temeculaguy
    Participant

    Okay but of it blows up in your face, you don’t get the house and your wife leaves you over it, you can’t stay with me. I only say this because since getting a 5br house, every guy that gets thrown out wants to come here, this is why I refuse to buy beds for the guest bedrooms.

    I totally forgot to include the disclaimer that not only am I not an expert, I’m an idiot, then again, you’ve been here awhile so, caveat emptor. BTW, they sell cameron hughes meritage by the 1.5 liter bottle now at costco so I’m not sure if I’d follow my own advice knowing that little factoid. Either way, good luck, we are behind you.

    August 10, 2009 at 9:23 PM #443891
    temeculaguy
    Participant

    Okay but of it blows up in your face, you don’t get the house and your wife leaves you over it, you can’t stay with me. I only say this because since getting a 5br house, every guy that gets thrown out wants to come here, this is why I refuse to buy beds for the guest bedrooms.

    I totally forgot to include the disclaimer that not only am I not an expert, I’m an idiot, then again, you’ve been here awhile so, caveat emptor. BTW, they sell cameron hughes meritage by the 1.5 liter bottle now at costco so I’m not sure if I’d follow my own advice knowing that little factoid. Either way, good luck, we are behind you.

    August 10, 2009 at 9:23 PM #443553
    temeculaguy
    Participant

    Okay but of it blows up in your face, you don’t get the house and your wife leaves you over it, you can’t stay with me. I only say this because since getting a 5br house, every guy that gets thrown out wants to come here, this is why I refuse to buy beds for the guest bedrooms.

    I totally forgot to include the disclaimer that not only am I not an expert, I’m an idiot, then again, you’ve been here awhile so, caveat emptor. BTW, they sell cameron hughes meritage by the 1.5 liter bottle now at costco so I’m not sure if I’d follow my own advice knowing that little factoid. Either way, good luck, we are behind you.

    August 10, 2009 at 9:23 PM #444139
    temeculaguy
    Participant

    Okay but of it blows up in your face, you don’t get the house and your wife leaves you over it, you can’t stay with me. I only say this because since getting a 5br house, every guy that gets thrown out wants to come here, this is why I refuse to buy beds for the guest bedrooms.

    I totally forgot to include the disclaimer that not only am I not an expert, I’m an idiot, then again, you’ve been here awhile so, caveat emptor. BTW, they sell cameron hughes meritage by the 1.5 liter bottle now at costco so I’m not sure if I’d follow my own advice knowing that little factoid. Either way, good luck, we are behind you.

    August 10, 2009 at 10:01 PM #443402
    Oxford
    Participant

    TG, the Terms and Conditions for new member PIGGS is to follow the advice of senior members. I have no choice other than to be compliant or face Pigg Violations. Someday Pigglets will have to follow my advice and I am predicting another internet bubble soon.

    OX
    …chilling glasses and heading to Costco

    August 10, 2009 at 10:01 PM #444184
    Oxford
    Participant

    TG, the Terms and Conditions for new member PIGGS is to follow the advice of senior members. I have no choice other than to be compliant or face Pigg Violations. Someday Pigglets will have to follow my advice and I am predicting another internet bubble soon.

    OX
    …chilling glasses and heading to Costco

    August 10, 2009 at 10:01 PM #443936
    Oxford
    Participant

    TG, the Terms and Conditions for new member PIGGS is to follow the advice of senior members. I have no choice other than to be compliant or face Pigg Violations. Someday Pigglets will have to follow my advice and I am predicting another internet bubble soon.

    OX
    …chilling glasses and heading to Costco

    August 10, 2009 at 10:01 PM #443598
    Oxford
    Participant

    TG, the Terms and Conditions for new member PIGGS is to follow the advice of senior members. I have no choice other than to be compliant or face Pigg Violations. Someday Pigglets will have to follow my advice and I am predicting another internet bubble soon.

    OX
    …chilling glasses and heading to Costco

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