CT: Would you hope the seller fixes, would you walk, or would you run from the deal? (foreclosed, rent)
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I do have to wonder why the status hasn't been updated to "pending".
Why do you think it isn't? No time to look it up again now... but I found it a couple weeks ago when this was first posted, and it was pending then....
The listing on zillow does say pending. And as Diana says, LOTS of little steps that have to happen before the closing can happen. WHY they told the property manager they were moving out when they have no closing date is beyond me. I would have dropped off a move out letter on my way to pick up the moving truck. WHY they went and bought a couch in early March when they can't take delivery of it until at least mid April is beyond me. Close, then go buy a couch, AFTER you buy a washer/dryer AFTER the closing. Then again, if I'm looking to furnish a huge family room, I'm making a to-scale drawing of the room, door and window locations, outlet locations, and bringing that to the furniture store with me. Or make paper cutouts of the furniture that you can move around on the drawing....but that's me. I'll just show up as required after closing with my painting clothes.
Unless you want them double paying for their rent, or losing their deposit, they're required to give notice on their apartment. That's what responsible people do. That part is normal. The eviction notice isn't quite normal, but I'm not sure we're getting the whole story on that one.
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...but that's me. I'll just show up as required after closing with my painting clothes.
The listing on zillow does say pending. And as Diana says, LOTS of little steps that have to happen before the closing can happen. WHY they told the property manager they were moving out when they have no closing date is beyond me. I would have dropped off a move out letter on my way to pick up the moving truck. WHY they went and bought a couch in early March when they can't take delivery of it until at least mid April is beyond me. Close, then go buy a couch, AFTER you buy a washer/dryer AFTER the closing. Then again, if I'm looking to furnish a huge family room, I'm making a to-scale drawing of the room, door and window locations, outlet locations, and bringing that to the furniture store with me. Or make paper cutouts of the furniture that you can move around on the drawing....but that's me. I'll just show up as required after closing with my painting clothes.
If it were truly in pending status, they'd have all contingencies met, mortgage commitment and a closing date.
It's true status is "Active - Under Contract - Continue to Show"
It's Pending! That means it's Under Contract. That means it is not Active... and no, they should not continue to show it.
It's Pending through all their contingencies. Until it closes.
Not up here in Yankee-land. Perhaps where you are.
Active- Contingent. Won't go pending until all contingencies are met. Blame the lawyers. It used to be so easy.. Active, Pending, Closed. Not any more.
It's Pending! That means it's Under Contract. That means it is not Active... and no, they should not continue to show it.
It's Pending through all their contingencies. Until it closes.
I'm not a NE real estate expert, but as far as I know, the owner of the property is allowed to advertise their property as for sale until it's no longer their property.
We allow backup offers - the sign stays up... but we do NOT, as a matter of practice, keep showing the house once it's under contract. It's Pending then.
OK - I'll defer to locals.... I should know better by now than to think this business is near uniform across the country. But here, the financing contingency usually runs very nearly to close... so in our world, then, if it runs like that, properties would never be Pending.
Last edited by Diana Holbrook; 03-17-2018 at 05:50 PM..
WHY they went and bought a couch in early March when they can't take delivery of it until at least mid April is beyond me.
Because couches can take 6-8 weeks from order to delivery.
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Originally Posted by JimG2
Close, then go buy a couch, AFTER you buy a washer/dryer AFTER the closing. Then again, if I'm looking to furnish a huge family room, I'm making a to-scale drawing of the room, door and window locations, outlet locations, and bringing that to the furniture store with me. Or make paper cutouts of the furniture that you can move around on the drawing....but that's me. I'll just show up as required after closing with my painting clothes.
Look how clever you are, with your paper cutouts
Meanwhile, you'll be sitting on those paper cutouts while you're waiting for the couch to be ready.
You're gonna have to stop expecting them to do things the way you would, Jim. They are their own people, with their own ideas.
Because couches can take 6-8 weeks from order to delivery.
Look how clever you are, with your paper cutouts
Meanwhile, you'll be sitting on those paper cutouts while you're waiting for the couch to be ready.
You're gonna have to stop expecting them to do things the way you would, Jim. They are their own people, with their own ideas.
I'm sure they probably went to Bob's Discount Furniture, not Thomasville. Off the shelf and throw it away in 5 years. And they already have a couch that they will have to move to the house from the apartment to either put into the living room, that will only have a couch in it, or borrow a friend with a truck to bring to the dump. I don't think they can just abandon it at the apartment (4piece L shaped sectional)
And I was working in engineering prior to the advent of CAD, and we cut out paper dolls of equipment and shoved them around on a drawing of the mechanical room to make sure it all fit before drafting it onto paper with pencils.
I'm thinking my stepson is looking to have his whole life set in stone before he turns 23 (turns 22 tomorrow). This one house is bigger than what the two kids grew up in combined. Father at 19, didn't get into engineering school like he was supposed to. Good job, but on a path to be a union wonk fitting pipe instead of a nuclear engineer. Talks about his middle age coworkers with busted up bodies and alcoholism. He used to be a boy scout who enjoyed the outdoors, and hiking and camping with his buddies. He hardly sees them anymore...oh, that's right. They've been away at college and are graduating in 8 weeks. She is about a semester and a half from an associates degree, but she had to stop and get a job, because they just have to buy a house.
Yeah, I'm a pessimist on this, but I think rightly so. I will just show up with my painting clothes if he has any money left for paint after the closing.
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