Hi, guys! We’re here, and we closed on the house, and we’re extraordinarily pissed at the sellers and their agent.
As near as we can tell, the listing agent deliberately delayed putting agreements in writing or in responding to our negotiations as long as he could. The sellers didn’t show up for closing on time, and they were cleaning the house when they should have been there signing papers.
In the end, they only had $548 profit from selling the house (they were mortgaged out the yinyang), and they gave all that to us in lieu of getting the repairs done on the house. Our lawyer told us that our only plausible alternative to accepting this deal was to walk away from the whole thing; given the amount of work we’d put into all of it (arranging the loan, getting movers, packing, giving notice on our current house, setting up utilities, etc.), walking away from the deal wasn’t feasible. We’re just hoping that the $548 is enough to get the house’s CO done.
The repairs were supposed to have been done yesterday, so that the CO reinspection could happen today at 2 pm. The repair guys came out and looked at it; apparently, the listing agent had given them false information about what exactly needed doing, so they had to reschedule for this morning. As i type, they’re out there working on repairs.
The sellers are a couple of miserable slack-ass fucks, and their listing agent is an unethical bastard who played us. Unfortunately, I feel like our own agent wasn’t pushy enough: I really wish she’d forced their agent to meet negotiation deadlines, so that we could’ve had a reasonable notice that we might’ve wanted to walk away. As it was, our agent allowed things to drag out until we really didn’t have any leverage in negotiations.
It was our fault too, of course – we could’ve insisted that she put her foot down – but it was our first time buying a house, and that’s why we’d gotten an agent in the first place.
Oh well. It could be a lot worse. We did get everything moved, and we’re in the process of cleaning the despicably filthy new house even as we clean our old house up. Once this insanely stressful week is done, I’m sure we’ll both be a lot happier. The house itself is pretty cool – it’s just the process sucked bigtime, and the sellers and their agent are loathsomely unethical shits.
Daniel