Need Advice Before closing in Monroe - Getting Paranoid

[luckyshoes]

Originally Posted by Daaku

Thanks every for your advice, I did got the comps from the agent, seems a 3 bedroom unit with a much bigger lot (twice the size) got sold for 25K lesser than what we offered, the house that sold also had some updates like granite countertops, and carpet in the basement, we are thinking to renegotiate the price, i will go ahead and stop my attorney review process, good that i reached out the experts. Will keep every one posted.

Good for you. Make your agent work : )

Keep us posted.

[krz]

Can we renegotiate price after we make an offer? we have already made an offer but now thinking twice abt the rate.
Is it also possible to back out from the offer after the seller accepts offer?

[subban]

Do you mean the Stratford on Monroe development off station rd? If you do you can get the comps yourself from this link NJ Tax Records Search

Its a property tax search in NJ. You can look up anyone in NJ who owns a home or who has sold a home. You can also look up by location. Just type in the street where you want to buy and it will show you all the records of the homes on that street. good luck

[luckyshoes]

Originally Posted by krz

Can we renegotiate price after we make an offer? we have already made an offer but now thinking twice abt the rate.
Is it also possible to back out from the offer after the seller accepts offer?

Talk to your attorney. You can back out for any reason, and you don't have to even state the reason, as long as the "attorney review" of the contract is not over.