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i think i heard in certain states you have 3 days to change your mind.
Not for a real estate contract. Now, if you sign a contract for, say, vinyl siding at your home and change your mind, you may have (depending on that state) a 3-day Right of Rescission with proper notification to the company. I did it myself with a company that wanted to install Hardie siding on my house against the manufacturer's recommended installation instructions. I will say that doing so will certainly bring out the shark in a sales rep - they'll promise pretty much anything to keep the sale. Didn't work with me though.
i think i heard in certain states you have 3 days to change your mind.
Only for refinancing primary residences. Purchase, investment refinances, or second home refinances do not have rescission periods. I believe that goes for all 50 states and DC. I've dealt with properties in 48 states plus DC, and I know it is the same for all 49 of them. I've never dealt with New York or Texas.
My partner did the same thing, wanted to get our earnest money back, worried that it was a bad neighborhood because there was a lingerie store on the next street, blah blah blah.
Now we love the house, our neighborhood totally rocks (it is a short street and people know each other) and it was just buyer's panic.(dog loves the yard too!)
He mentioned he is using a dual agent who is working for the seller and for him.
He mentioned he is using a dual agent who is working for the seller. PERIOD
Fixed it for you.
Op go get a a attorney because right now they are killing you. The agent is NOT working for you
Quote:
Originally Posted by bpollen
Thanks for all your responses.
The inspection period has passed. When I said K was signed last Friday...that was the final signing, with inspection results worked out.
There is no financing contingency. Cash sale. We don't have option periods in this state.
I suppose I can go ahead w/the sale, move in, then sell as soon as I can recoup my money. But it's possible things will work out, and costs not as much as I think.
I've been looking for so long, is how I got myself into this fix. There ARE reasons I made an offer. I like the area (not many houses come up for sale in that area), it's cute, large yard (doggies will love that), open floor plan (I can see the tv and dogs while in the kitchen), fiberoptic internet is available there, nice neighborhood (this is one of the smallest houses in the area, which is a good thing).
So maybe I'm just having a panic attack. I'm alone and I worry about all expenses and decisions, because I don't have a fallback...no spouse to help with money issues or to contribute or to discuss decisions with. I get so worried that I will make a huge financial decision mistake.
If I lived in a state where marijuana was legal, I could get some of that out, and I probably wouldn't worry about a thing!
Thanks for all your responses. I still have calls in to a couple of real estate attorneys, but haven't heard back. Attorneys generally like to have big real estate clients, like companies, I think. This is small potatoes to them.
You're just getting cold feet. I would still consult a attorney. And from now on NEVER EVER EVER EVER NEVER AGAIN do a double ended deal.
I can only assume that every person giving anything beyond "hey, it's natural to feel some panic" does not remember ever reading one of the OP's numerous posts on her lengthy house search.
this is like the 5th Realtor she's engaged to help her. She has taken it upon herself to never seek representation solely for herself, rather often calling the listing agent directly.
and so my response - it's normal for every Buyer to have some pangs of doubt. It's completely expected for you that for the next several years, you'll second guess whichever home you wind up with. I am glad that you seem to have taken to heart the comments to remember the things you actually liked enough to write an offer in the first place.
I can only assume that every person giving anything beyond "hey, it's natural to feel some panic" does not remember ever reading one of the OP's numerous posts on her lengthy house search.
this is like the 5th Realtor she's engaged to help her. She has taken it upon herself to never seek representation solely for herself, rather often calling the listing agent directly.
and so my response - it's normal for every Buyer to have some pangs of doubt. It's completely expected for you that for the next several years, you'll second guess whichever home you wind up with. I am glad that you seem to have taken to heart the comments to remember the things you actually liked enough to write an offer in the first place.
Even when I bought I had a few "could I of gotten it cheaper or found a better property " questions running through my head. I think it's perfectly normal to feel some doubt.
But if OP isn't willing to get her own rep that's her problem. Can't complain when you're getting the high hard one
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