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SD Realtor
ParticipantTo jump in quickly, it is best for you to call your agent directly as advised above and let him/her know how you feel. The questions you posed, especially regarding the contingencies are important. Moreover you should be telling the agent you feel as if you have no clue of what is going on, what is going to happen next, when it is going to happen, and you are concerned because you are spending alot of money on this home.
As a side note, (as a buyer) I would have expressed concern the minute you were advised not to get a physical inspection. Now I have had many a transaction (as I am sure all of the other realtors on this board have had) where all parties knew ahead of time that the sellers were not gonna kick in any money for any repairs however to not inspect at all is foolish.
As for the contingencies, generally you need to remove them in writing and if you have not signed anything then that bodes well for you. There could be an argument for an implicit removal. To be very safe you may want to sign an extension of the contingency period to cover yourself so that all parties acknowledge in writing that the contingency peridod was extended.
ParticipantTo jump in quickly, it is best for you to call your agent directly as advised above and let him/her know how you feel. The questions you posed, especially regarding the contingencies are important. Moreover you should be telling the agent you feel as if you have no clue of what is going on, what is going to happen next, when it is going to happen, and you are concerned because you are spending alot of money on this home.
As a side note, (as a buyer) I would have expressed concern the minute you were advised not to get a physical inspection. Now I have had many a transaction (as I am sure all of the other realtors on this board have had) where all parties knew ahead of time that the sellers were not gonna kick in any money for any repairs however to not inspect at all is foolish.
As for the contingencies, generally you need to remove them in writing and if you have not signed anything then that bodes well for you. There could be an argument for an implicit removal. To be very safe you may want to sign an extension of the contingency period to cover yourself so that all parties acknowledge in writing that the contingency peridod was extended.
ParticipantTo jump in quickly, it is best for you to call your agent directly as advised above and let him/her know how you feel. The questions you posed, especially regarding the contingencies are important. Moreover you should be telling the agent you feel as if you have no clue of what is going on, what is going to happen next, when it is going to happen, and you are concerned because you are spending alot of money on this home.
As a side note, (as a buyer) I would have expressed concern the minute you were advised not to get a physical inspection. Now I have had many a transaction (as I am sure all of the other realtors on this board have had) where all parties knew ahead of time that the sellers were not gonna kick in any money for any repairs however to not inspect at all is foolish.
As for the contingencies, generally you need to remove them in writing and if you have not signed anything then that bodes well for you. There could be an argument for an implicit removal. To be very safe you may want to sign an extension of the contingency period to cover yourself so that all parties acknowledge in writing that the contingency peridod was extended.
ParticipantThey usually start at about 375 and go up from there. They are based on the size of home and sometimes the type of home and if there is additional stuff like pools and such. Many people here have worked with great inspectors as you will see. I also have a couple of very good inspectors I recommend as well.
One of my favorites is Phillipe Heller. http://www.sdinspections.com
ParticipantThey usually start at about 375 and go up from there. They are based on the size of home and sometimes the type of home and if there is additional stuff like pools and such. Many people here have worked with great inspectors as you will see. I also have a couple of very good inspectors I recommend as well.
One of my favorites is Phillipe Heller. http://www.sdinspections.com
ParticipantThey usually start at about 375 and go up from there. They are based on the size of home and sometimes the type of home and if there is additional stuff like pools and such. Many people here have worked with great inspectors as you will see. I also have a couple of very good inspectors I recommend as well.
One of my favorites is Phillipe Heller. http://www.sdinspections.com
ParticipantThey usually start at about 375 and go up from there. They are based on the size of home and sometimes the type of home and if there is additional stuff like pools and such. Many people here have worked with great inspectors as you will see. I also have a couple of very good inspectors I recommend as well.
One of my favorites is Phillipe Heller. http://www.sdinspections.com
ParticipantThey usually start at about 375 and go up from there. They are based on the size of home and sometimes the type of home and if there is additional stuff like pools and such. Many people here have worked with great inspectors as you will see. I also have a couple of very good inspectors I recommend as well.
One of my favorites is Phillipe Heller. http://www.sdinspections.com
ParticipantUnderwriting is a process Jimmy and sometimes not every nook and cranny are thoroughly reviewed. Prior to funding there is often a review as well. Finally, most loans are originated and then sold. There may be other requirements from the investors or institution that the loan is being sold to that may not have been satisfied at the initial underwriting stage.
ParticipantUnderwriting is a process Jimmy and sometimes not every nook and cranny are thoroughly reviewed. Prior to funding there is often a review as well. Finally, most loans are originated and then sold. There may be other requirements from the investors or institution that the loan is being sold to that may not have been satisfied at the initial underwriting stage.
ParticipantUnderwriting is a process Jimmy and sometimes not every nook and cranny are thoroughly reviewed. Prior to funding there is often a review as well. Finally, most loans are originated and then sold. There may be other requirements from the investors or institution that the loan is being sold to that may not have been satisfied at the initial underwriting stage.
ParticipantUnderwriting is a process Jimmy and sometimes not every nook and cranny are thoroughly reviewed. Prior to funding there is often a review as well. Finally, most loans are originated and then sold. There may be other requirements from the investors or institution that the loan is being sold to that may not have been satisfied at the initial underwriting stage.
ParticipantUnderwriting is a process Jimmy and sometimes not every nook and cranny are thoroughly reviewed. Prior to funding there is often a review as well. Finally, most loans are originated and then sold. There may be other requirements from the investors or institution that the loan is being sold to that may not have been satisfied at the initial underwriting stage.
ParticipantI would agree with you SK in your analysis above. That dog treated us well though man… lemme tell ya. The previous owner was a total deadbeat, running a flower shop out of the home and his brother was the listing agent. Besides the tramps next door all the other neighbors were very happy with us buying the home but it took quite awhile to get the deadbeat out and plenty of dollars for lawyers.
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lepetit I will be pretty darn surprised if Deer Park gets 950k. Do not see it at all. Classic case of sellers in denial. Anyways comps in the subdivision seem to be sprinkled. One at 890k and one at 899k, one at 885k and one at 850k. and one at 830k. The one at 830k would most likely illustrate sdrs post. That was about being able to find a deal by being patient but acting fast when you need to, the buyer did have to overbid. That was a great deal ppsf wise at 315k.
Anyways you can have your agent write a lowball offer and shoot it in. Nothing ventured nothing gained right? The probability is high that the sellers will punt especially because the remarks indicate a contingency on the sellers finding a new home.
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