Tuesday, March 4, 2008
This morning we took our fate back in to our own hands, and rescinded our offer on the house. Why? Because we both had an uneasy feeling about it. Because our agent warned us that she was seeing too many red flags with the seller and his need to be in control. But mostly, because despite our like for the house, it wasn't a love worth going through you know what for, and we are fairly confident that our next three weeks would be a nightmare if we allowed it to move forward with this guy. Basically the seller indicated that he was going to come in and sign our offer, even though he was worried about it appraising for the amount we were offering. But, he also said that even if it didn't appraise for that amount, he wasn't going to accept less for it. The funny thing is that our agent seems to think he has this house paid off, plus he built it 5 years ago for about $65,000 less than his current asking price, so it's not like he has to be difficult for financial reasons. I don't really know what he is smoking, but I just wasn't willing to give him the opportunity to lock us in to anything, so our agent scrambled to get our signatures before he could sign the offer back to us. Square one is not my favorite place to be, but I guess it beats buying a house from someone who seems to think that markets, lenders, and appraisers are nuisances that must only be paid attention if he likes what they are telling him.