Toxic waste under the floorboards?
Your offer is too high?
My house has been on the market for 3 months. I’ve dropped the price $20k. We have not had ONE person see it.
Trust me, the poor fool that shows a slight interest is going to be treated like a god. Homeowners wishing to sell right now are the geeky girl at the prom. Just ask her to dance. Please. Pretty please.
Yeah, remember, their mortgage could be anywhere from $600 a month to over a thousand a month.
Closing before the next payment is significant money and it could be nothing more than this.
Due diligence is always warranted, but I personally don;t see anything significant in this.
(Other than it being “ghosted,” of course… 
)
I expect the scenarios offered by previous posters are the most likely, but … any way to find out if a serious crime or suicide occurred on the premises? (Not sure if that would show up on the full disclosure statement in Texas; it would in Hawaii.)
In my disclosure statement in Texas I was not asked about suicide or death or even criminal activity on the premises if I recall correctly.
Probably because in Texas it is presumed that someone has killed themselves or someone else on just about every piece of property.
Pit of Texas to follow when I’m done with that place for good.
Out of curiousity, where is “RMI”?
Around here, mortgages tend to be in the thousands per month - $4,000 a month is not out of the ordinary. Three houses on this street have gone from “For Sale” to “For Rent” in the past year because the owners weren’t getting any offers and were simply being smothered by carrying two mortgages. Now they’re being only strangled by a mortgage and a half.
In 1993, Texas law was amended so that you had no responsibility to disclose:
- previous or current occupants having AIDS, HIV-related illness or HIV infection as defined by the Center for Disease Control of the U.S. Public Health Service or
- deaths that occurred on the property by natural causes, suicides or accidents unrelated to the condition of the property.
I don’t think it’s ever been challenged, but the general interpretation is that crime (murder) is an “accident unrelated to the condition of the property”.
How big a drop is that? I keep reading doom-and-gloom housing market stories that refer to a very expensive house prices getting cut by a relatively small amount. When you’re getting no offers on your $600K house and you drop the price all the way to $580K, that’s only a few percent. it’s probably got to come down by a lot more than that.
To the OP, my guess would be that your price is too high. Most housing markets in the country are falling right now, and lots of houses are sitting on the market with no interest because the asking prices are still too high.
RMI is Republic of the Marshall Islands.
And you have a good point, I was thinking of our house in Florida which was purchased 18 years ago. One certainly could have a mortgage running into the thousands, and a whole lot of folk do. All the more reason getting out from under it even one month sooner could be worth serious $$$ to someone.
Lots and lots of people want out because of the neighbors and because of noise. The previous owners of my house got out because of loud neighbors. I had no idea, until I moved in. I got lucky, because the extremely loud neighbors moved a couple months after I arrived. There are still some annoying, nosey neighbors, but at least they make no noise.
Is there any chance that something is planned for the neighborhood in the next few years? A new development, roads, etc.? You can check with the local planning department.
As for inspections, they’re nearly worthless. For a couple hundred bucks, you don’t get much in the way of serious structural and functional inspection. Our inspector failed to notice several problems with our chimney, for example. And there’s no way he could really know that parts of the electrical system inside the walls were substandard and not up to code, and that a third of the house was on one circuit.
There’s also seasonal stuff to consider. Sometimes a home is much better/worse in the summer/winter. Our house is very cold in winter, and needs better insulation. Didn’t think too much about that in May, when we bought the place. Some homes feel nicely cool in certain parts of the year, when they maybe benefit from shade that’s no longer there later on when the sun is a little higher/lower.