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Updated over 9 years ago, 06/13/2015

User Stats

31
Posts
1
Votes
Erica M.
  • Investor
  • newburgh, NY
1
Votes |
31
Posts

House deal fell through over $500!

Erica M.
  • Investor
  • newburgh, NY
Posted

Hi. We are the buyers. We went to sign contracts with the lawyer and the sellers tried to pull a shady move. They wrote in the contract that they

will not credit us the $500 for property condition. They wrote that is was already reflected in the price. We never agreed to this with the seller. We did negotiate a little after inspections, but property disclosure credit never came up in discussion. So we told them forget it...we are backing out. It's not so much that we need the money, it's more out of principle. We've given the credit when we've sold homes. The final price is not much lower than their asking. Are we being greedy or are they!? They are willing to let the deal fall through over $500. We are serious cash buyers. Are our expectations way off base on this? Thanks for any input.

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