They’re going to blind you with the wow factor on your initial offer. What happens is instead of low-balling you up front, they give you the wow number. Then you accept the offer and go under contract. That’s when they decide to take back $15k from that offer because they “over-valued” the home on top of the list of requested “improvements”. Getting a revised offer while under contract...hmmm. Now we’ve got to back out of our contract with the builder of our new home because what was supposed to be our new home requires us to be under contract on the selling home in order to proceed. I’m out my earnest money and whatever penalties I’ll face from the builder.
5 years ago
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