Buyers from Hell

[cheshirekatz]

What is the name of your state?
New Jersey

I am in the process of selling my house and it is a nightmare. The buyers made a couple of low offers before we agreed on a price. They had a list of repairs they wanted. We made ALL the repairs, over $6000 worth. The house passed the inspection by our township and the buyer's inspector. One of the items on the list was that they wanted the basement walls "painted and cleaned." This was done.

The day of the walk thru last night their realtor says that the basement was not done to their specifications. Suddenly they say they want the basement roof redone and the walls cleaned and painted by a biocleaning company in case there is mold. And they want $3000 to take care of this. Our realtor says that this was never mentioned before and all repairs were done exactly to the written list they submitted. And passed inspection. The buyer suddenly has a lawyer who tells my realtor that the contract to buy "means nothing." My realtor told them I would give them credit for $500 and that was it.

Today is settlement. Buyers and agents do not show up. My realtor, me and the title person with the checks sit at the table. Their realtor faxes a hand written scrawled note to the title person stating that the basement was not done to their satisfaction. With words spelled wrong.

Is this some kind of scam or joke? I feel like I am being extorted. My realtor faxed all the info to a lawyer. It is possible that they might call tomorrow and be willing to settle again, I guess. I honestly don't want to sell to these people but I really need the money for the house as I spent a lot fixing it up for the sale. Should I bite the bullet and relist it or sell to them if they change their mind?

[JETX]

Originally Posted by cheshirekatz

Today is settlement. Buyers and agents do not show up. My realtor, me and the title person with the checks sit at the table. Their realtor faxes a hand written scrawled note to the title person stating that the basement was not done to their satisfaction. With words spelled wrong.

Is this some kind of scam or joke?

Nope. The buyers simply didn't feel that you had complied with their request.

I feel like I am being extorted.

Why?? They are in breach (at least it sounds like it solely on YOUR version). Comply with the terms of the agreement for their breach and move on to another buyer.

[cheshirekatz]

JETX, do you know anything about real estate?

[JETX]

Originally Posted by cheshirekatz

JETX, do you know anything about real estate?

Yep. Do you??

[cheshirekatz]

More than you, so it seems. I guarantee if it happened to you you would not be so condescending. I can get more useful comments from my parakeet. This forum is a total waste of time and I certainly don't want to contact any lawyers advertising here.

[JETX]

Originally Posted by cheshirekatz

More than you, so it seems. I guarantee if it happened to you you would not be so condescending. I can get more useful comments from my parakeet. This forum is a total waste of time and I certainly don't want to contact any lawyers advertising here.

You are such a legal ignorant idiot... that you don't even know when you have no case... or when someone gives you ACCURATE legal advice... just because you don't like what you are told. What a whiney, spoiled little crap-head. Say goodbye, you friggin' nitwit.

[PghREA]

According to what you have posted, the buyers are in breach of the contract. You need to contact a local real estate attorney who will explain what you can do at this point.



If your parakeet gives better advice than Jetx, maybe he'll explain it to you.

[cheshirekatz]

Well, any parakeet can certainly give better advice than the answers you are giving people here. You don't even read most of the questions people post. I can see from your comments that you are true professionals.. And lawyers are paying to advertise on here?

Toodles!

[Zigner]

I am curious if ANY reply you received in here would have satisfied you.
You were told to follow the terms of your agreement relating to the buyer's breach. Then relist the house. And, as a selling point, you have done all those repairs already - the house is greatly improved!

Or, did you want someone to tell you that you should go through a lawsuit to *try* to force the buyers to purchase your house? Oh, but wait - you need the money, so that's not a very good choice.

[JETX]

I have re-read the original post and feel I need to change my response.
My new response: Of course, whatever you want to do is perfectly acceptable. You are, of course, right and everyone else is wrong.

Feel better....
But your still a friggin' idiot!!