Posted by Rich-CA on March 08, 2009 at 07:21:31:
You save a lot of stomach lining by not getting into a p*ssing contest over every little thing. All they really need to do is get an extension for inspection signed with the cause being that the water person did not show, so the inspection could not be completed. Dates slip all the time.
Seller Didnt turn on water for inspection? - Posted by Shawn
Posted by Shawn on March 05, 2009 at 18:52:00:
My offer was countered several times until we reached an agreement. The one thing that the seller was not willing to budge on at all was the 5 days for the buyer to get all the inspections done. We told the seller that we would be having the inspection done on a tuesday the 5th day. They replied and said that they would have someone come out and de-winterize the home and i would have to pay 200$ to re-winterize it. Tuesday the 5th day came and i was sitting at the property waiting for the home inspector to come and for the sellers guy to come and turn the water on. After waiting a long time the sellers water guy never showed up, we went into the house and tried to turn a faucet on and nothing came out. My realestate agent called the seller and asked what was going on. The answer we got was that they couldnt get the water turned on because the didnt know that there was money owed on the water bill. So i told them they had until the next business day to turn it on, they didnt get it turned on till 4pm the next to late to have my inspector come out and look at the property. The 2 days that i was off of work i lost about $1000 in pay. Since the seller failed to have to property ready and available within the 5 days that they were so insistant on in the contract are they in breach of the contract? Should i have any problems getting my $2000 earnest money deposit back? The home was in maryland in prince georges county.
Shawn
Who holds the earnest money? - Posted by RE Guy
Posted by RE Guy on March 10, 2009 at 12:47:23:
Always assume you’ll have trouble getting your deposit back. When you buying it’s best to offer as little as money as possible. Always have your atty or agent hold the $, as you have more control over them.
Re: Seller Didnt turn on water for inspection? - Posted by Sailor
Posted by Sailor on March 06, 2009 at 21:02:16:
Good grief, how do you expect to complete any RE deal if you make it into a contest of wills? Stuff happens in escrow, & most of the time it doesn’t make any difference who started it or who is really to blame; it’s about getting the deal done & everybody leaving the table happy. That’s why I bring a bottle of champagne for each party to closing. No matter what problems we had to overcome to get to the finish line, we end on a positive note. Why is that important? Because (1) folks w/want to do business w/you again or refer friends to you, (2) post-closing problems are best handled if relations are pleasant, & (3) you’ll live longer w/a good attitude.
I don’t know if you’ll get your deposit back easily. I hope there is a good agent involved who can get your deal back on track, though it sounds like you don’t really want the property.
Tye
Re: Seller Didnt turn on water for inspection? - Posted by Natalie-VA
Posted by Natalie-VA on March 06, 2009 at 06:30:00:
I’m not an attorney. Our local contract states who is to be responsible for utilities for the inspection(s). That would make it clear to me that the seller should owe you the emd back, but I don’t think it’s going to be that easy. The seller will probably say that they’ll give you extra time for your inspection now, and dispute giving you your earnest money back. If they were having any trouble selling the house, you’ll be in for a fight. So, I guess you need to decide, do you want the house or not?
–Natalie