I was excited, but not so much now things are cooling off. A few layoffs already at my small co. Felt safe when I signed but now feel only safe-ish. Like maybe the reward doesn't seem worth the risk. I'm a chicken, I know, but I kind of wish I could go back to renting for a year or so...
Dan C.
· 1 year ago
If you have cold feet, there is no reason why you should consummate the transaction. The most that you stand to lose is your earnest money. If you can't afford the condo and close anyway, you stand to lose a lot more than that. Call a real estate attorney and have them review your P&S.
Or, go back to Schnitzer and tell them you won't close unless they renegotiate the price, due to general market conditions. They might flex a bit of muscle, but they are desperate to keep buyers in any condo project and will make concessions.
REGUY
· 1 year ago
ssilvy,
why didnt you take the out and get your earnest money back. didnt they ask you to sign an extension for your close date? that was a sure fire out of the agreement. if you dont feel comfortable, dont let those theifs at schnitzer rope you in a lousy agreement. those boys are crooks.
All Comments
Or, go back to Schnitzer and tell them you won't close unless they renegotiate the price, due to general market conditions. They might flex a bit of muscle, but they are desperate to keep buyers in any condo project and will make concessions.
why didnt you take the out and get your earnest money back. didnt they ask you to sign an extension for your close date? that was a sure fire out of the agreement. if you dont feel comfortable, dont let those theifs at schnitzer rope you in a lousy agreement. those boys are crooks.