By Todd Clark (Broker/Sales Coach) 503-524-9494
Should
house buying
come with no risks? It seems like a silly question, but I
had a buyer I
recently decided to let go of because of numerous reasons. But, the one
thing I
remember about this client, that will always stick out in my mind, is
that no
matter what house they end up buying, I’m going to feel real sorry for
the
seller.
You see, this buyer
wanted to put offers in with no risk to himself. I dropped
him after he told me all the things he wanted me to put in his offer. I
wasn’t
going to put my name on this contract as I thought it was just
ridicules what
he was asking of sellers and I didn’t want to have any part of it.
Here are just a couple
things that he was requesting be put in the contract.
The first was that if the home didn’t appraise, the sellers would agree
to
lower the price to the appraised amount minus $5,000 or the seller
would have
to pay for the appraisal plus $250 for their time. The second was they
were
only going to put down $1 in earnest money. (I almost believe they
would stick
it out.) Then they said if the inspection came back with anything that
needed
to be repaired, they wanted the seller to agree to do all the repairs
or pay
for the inspection.
Then to top all that, as
if that wasn’t enough to get me to run from that
client, they had a formula that set their max offer price of 67% of the
current
asking price, no matter if the current price was good or
not. Not only did I
feel by writing this offer I was wasting my time, but I was also
wasting the
time of the seller and ruining my good name and I wasn’t about to do
that.
So, do you think the
buyer should be able to buy a house without risk?
Todd Clark - Broker / Sales Coach
All Brokers Real Estate
Phone: (503)524-9494
Fax: (503)622-8739
Tigard Oregon Homes for Sale, Tigard OR homes for sale, homes for sale in zip code, 97223,97224, Tigard Oregon Realtor, Tigard OR Realtor, Tigard Oregon MLS Search, Tigard OR MLS Search, 1st time home buying expert, short sale expert, avoiding foreclosure in Tigard, helping families home, LivingBeaverton, Townhomes for sale, home for sale, house for sale, Bull Mountain North, Bull Mountain South, King City, Mountainview, Greenburg, Summer Lake Neighborhood, Summerfield neighborhood, Tigard neighborhood, Walnut Grove Neighborhood. Tigard Oregon Real Estate, Tigard OR real estate, Todd Clark, (503)524-9494, WWW.LivingTigard.com, www.IFoundYourNewHome.com, www.SavingyouFromForeclosure.com
©2009 Todd Clark - Originally posted at Should house buying come with no risks?
