Our Nightmare LONG Story
I will try to make this short but it all starterd Apr.15 DH and I found the house we both liked With the ONE exception being location,NEW custom home built in 07 an older Neighborhood with the houses Having been bulit in the Late 70s
Been on the market for 380 days started at 349,000 had just been reduced(after Several) to 279,00 we put and offer in at 265,000 and the seller excepted, HOWEVER when the appraisal came back it appraised at 255,000, seller at first wouldnt go down but after a couple weeks He decided to except our 258.00 offer as well as both realtors cutting their commision to 2% AND Our Mortgage guy cutting his commision. We re-did the contract and had a closing date of May 26th HOWEVER we were gonna be in Colorado and we tried to get it done before we left but the bank said They couldnt Gaurrentee it because they were backed up with all the Sales from the tax break incentive. but the seller wouldnt change the date . Our agent said we would just have to do an addendom BUT when the 26th came he did the addendem but wanted us to pay his interest on his lown which included othe propertys so My husband woulnt Agree or sign it, we get home on the 30th (june) and on the 2ndh the other agent told our agent the buyer wants another 5,000 and close by the the 4th or we loose our deposit, Now we KNOW we are dealing with a looney and all we want now is out and our deposite back , to make a really long story short He still wont sign the release (Hes tried every excuse. ex. crooked appraiser, mortgage guys fault ect. ) He even called my husband at work and was tryin to get my husband to deal with out the agents and when my husband said no way he told him that he was never gonna get the deposit money back, so now It has to go to legal
Any thoughts or questions??????????????