Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-21-2008, 10:14 AM
 
Location: Southwest Pa
1,440 posts, read 4,417,868 times
Reputation: 1705

Advertisements

One thing that could be done is to refuse to sign anything further. This would have a couple of effects on the deal.

Whatever previously signed contract you have would still be valid. It would still be binding on both parties, unless...the buyer exercises some contingency to back out of the deal. It would have to be a valid one though and properly delivered to you in a timely manner per the relevant section of the contract. Dates are everything in RE. Or they could simply walk away and forfeit their deposit money.

But the best effect in refusing to sign anything more would be this. Even the worst real estate agent will come flying in from nowhere and reappear if they think they'll lose their paycheck. Simply say, "we're not signing for any changes until..". Let them whine, let them kick and fuss. They may even use scare tactics "well, we might lose this deal if you don't work with them". Don't fall for it. You'll be surprised what good works a bad agent will do when you threaten (rightfully so in a lot of cases) their pocketbook. Get your answers and then sign.
Reply With Quote Quick reply to this message

 
Old 04-21-2008, 10:15 AM
 
995 posts, read 3,930,448 times
Reputation: 362
Compare the new one with the old one very very carefully. If the only changes are what you said, then it should be okay. One thing that strikes me is Sunday closing. Is that even possible? Never sign a contract or mortgage application without an agent or an attorney.

Ask both agents that the seller's agent not to directly contact you. What's the point of having your agent? The way you asked, why changes?, is not an easy question to answer.

Changing the closing date doesn't require a new contract. For example, we had 4/30 closing but I (seller) wanted to close on 4/29. My attorney talked to the other attorney to move up the date with no problem.
Reply With Quote Quick reply to this message
 
Old 04-21-2008, 11:53 AM
 
Location: Kansas
3,855 posts, read 13,268,829 times
Reputation: 1734
If it says "....on or before <Insert Closing Date>" and the agent in question put in a sunday date obviously you could not close exactly on that date. Does anyone know of a title company that stays open on Sundays? I'm not aware of that.

The nearest date would have to be the preceding Friday correct?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6. The time now is 10:05 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top