same house-another contract after using termination option-crazy? (Colleyville: neighborhood, buyers)

[emilymail]

used termination option period to get out of a contract since owners won't negotiate repairs... after a while reality kicked in and they want to give an allowance and we really like that house ... is it a good idea to go back after a confrontational and sour experience? owners are difficult people but house is lovely

[Rakin]

They must not be working with a good agent whose job is to smooth things over and keep emotions out of it when possible.

But yes, if you like the house & they are willing to compromise, move forward. After closing they will disappear and you will have a house you absolutely love.

Sellers get emotionally tied to a home. To them it's not just a house and they get very defensive about the home they love so much. That is the kind of people you want to buy their home, usually it's been well taken care of.

[ChristieP]

Is it a FSBO?

[Squirl]

Yes, give it another go.....

[nsumner]

Buyers and sellers say and do things that they regret. You can go back with another offer, you may want to attach a letter explaining your actions too. This is a crititical time when agent's role comes into play. They are supposed to keep everyone rational and keep the emotions out of the transaction.

Hopefully you get the home you want and the sellers get what they are looking for out of the home.

Keep us updated.

Naima

[GreyDay]

Originally Posted by nsumner

Buyers and sellers say and do things that they regret. You can go back with another offer, you may want to attach a letter explaining your actions too. This is a crititical time when agent's role comes into play. They are supposed to keep everyone rational and keep the emotions out of the transaction.

Hopefully you get the home you want and the sellers get what they are looking for out of the home.

Keep us updated.

Naima

If you want the house and the issues are dealt with AND you're getting it at your price- go for it. You're punishing yourself more by not getting the home you really wanted.

[loves2read]

we have friends younger than us who wanted to buy larger house so they could have another baby--
they put in offer on house in area they liked but owner was truly resistant and would not negotiate
they could not reach deal on that contract

they put their house on market and their realtor told them the contract the guy THOUGHT he would have on that house they wanted to buy also dropped out
so it was on the market again
this time I think the guy realized that if he wanted to sell the house he would have to come off his high-horse
they made a deal--
they did not get everything they wanted but they got more
and frankly they probably got a good price since the house was in nice neighborhood in Colleyville and was priced about 300K--definitely not easy to find...

this all boils down to what works best for YOU--
just make sure you understand what the requirements of the contract are and have an inspector that is very qualified

[Big G]

Originally Posted by Rakin

But yes, if you like the house & they are willing to compromise, move forward. After closing they will disappear and you will have a house you absolutely love.

This.

The day after you close, you'll probably never think of the previous owners again. You don't have to like them - just be able to get a deal done with them.