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Updated over 6 years ago,

User Stats

13
Posts
5
Votes
Aliyah Conley
  • College Student
  • Maumelle, AR
5
Votes |
13
Posts

How to get the original asking price...

Aliyah Conley
  • College Student
  • Maumelle, AR
Posted

Hi everyone,

I have been holding onto a deal where I was supposed to close on a duplex in November 2017. The owner of the property had some janky title issues going on where someone else's name was on the title yet had no ownership of the home. Long story short...the person whose name was on the title was not cooperative and we have since had to take legal measures to do a quiet title action that wont be completed until mid August.

I am very interested in the property and it's in a GREAT location. Which is the primary reason I have been patient on waiting. I was even so interested in the property I overbid by $5000 to beat out other buyers. Yet, since I have been waiting patiently there have been pipes that busted inside of the home during the winter when it got too cold and ruined the flooring (all of it will have to pulled up and redone).

My question is...how do I get the owner and their agent to go back to original asking price? Can this be done? Is it tacky to ask them to do so? Should it be common courtesy at this point? I've been waiting 9 months by the time August comes and this has really put me in a bind in other ways. My agent also said they are only willing to take off $500 for the damages which wont even cover the materials for the flooring. I am not trying to walk away from this deal if at all possible.

Any advice or suggestions are greatly appreciated!!

-Aliyah

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