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All Forum Posts by: Kay March

Kay March has started 43 posts and replied 126 times.

Post: Should I sue this buyer?

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Thanks, Russell and Jason. In fact, I was also concerned because so far it doesn't appear that the buyer's house has been relisted. Trying to ascertain whether that was the case was complicated by the fact that the buyer's agent apparently scrambled the buyer's address on the contract (intentionally?). I was able to find the buyer's address through the property records, though. Maybe the buyer has to wait until the anticipated (now canceled) closing date passes before relisting her house?

Post: Best location to invest in Florida

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Consider weather issues (hurricanes and tropical storms) and sinkhole activity (Pinellas, Pasco, Hillsborough, and others are high on the list of sinkhole activity).

Post: Should I sue this buyer?

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Thank you, Russell Brazil. Then how is the seller to know that there really was an incredibly low appraisal that killed the buyer's sale of her own home? Surely I can't be expected just to take the buyer's agent word for it?

Find a non-protected class that she belongs to and reject her on that basis.

Lots of your local property managers post their leases on their web sites. You can compare them and come up with one that covers all your bases.

Post: Should I sue this buyer?

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Thank you, Charles Parrish. I posted my reply before I saw yours. As I said, the sale of my house was contingent upon the sale of the buyer's house, but the agent won't give me proof that her sale was killed by the unbelievably low appraisal. Your suggestion that I not only refuse to sign a release but notify the broker and agent about my intention to sue for the deposit is helpful. Thank you.

Post: Should I sue this buyer?

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

The contract allows the buyer to back out of the sale of her house falls through, but I want proof that the buyer is justified in backing out of the deal. The buyer's agent apparently isn't going to give me any proof that the buyer got an unbelievably low appraisal for her house, which supposedly killed her sale. Is suing her for her deposit the only way I can either get proof or get the deposit?

Post: Urgent need Help w/ Decision

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Not sure if I understand, but if you want to take charge of and rent out part of a building that's owned by family members, maybe they could lease it to you and allow you to sublease it?

Post: Should I sue this buyer?

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

Selling a SFH. Buyer's agent told me today that the buyer can't proceed because of a low appraisal on her own home, which killed a sale. The buyer's agent is talking about an appraisal so low that it's completely unbelievable, and he won't respond when I ask to see the appraisal. I'm thinking of suing the buyer for her deposit. Has anyone else been in this situation?

Post: FSBO sale canceled - buyer's own house fails to appraise

Kay MarchPosted
  • Gainesville, FL
  • Posts 127
  • Votes 20

I'm selling a rental SFH as a FSBO. Found a buyer, whose offer was contingent on the sale of her own house. The buyer's agent tells me now that the appraiser on the sale of the buyer's own house appraised it at 28K below the contract price, which looks crazy low. The buyer is asking me whether there is a deposit amount that would persuade me to hold my house for her for 30-40 days while she tries to sell her house again. Here are two questions I have. Should I ask to see the appraiser's refusal, just so that I can see the cancellation excuse for myself? Should I hold the house for this buyer, given that the price she was asking for her own house looks quite reasonable, or should I put my house back on the market, assuming that the market in the neighborhood for that house is fairly brisk. What concerns me is that we are nearing the end of selling/renting season, which usually comes to a screeching halt at the end of October. Thank you in advance for your experienced observations!