Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Bad timing

Bad timing

Scheduled Pinned Locked Moved General Discussion
287 Posts 19 Posters 8.9k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #180

    Appraisers can be nudged.

    I nudged one about 20% downwards, years ago...

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • Doctor PhibesD Doctor Phibes

      @Horace It seems to me that the appraisal system is pretty farcical. The house is worth what people are willing to pay for it, so the most you can really do is look at similar ones in the vicinity, and check for any massive repairs that are needed. How can somebody operating in this way be accurate enough to say it's worth 1% less than you're offering, particularly when the market is currently so unpredictable?

      CopperC Offline
      CopperC Offline
      Copper
      wrote on last edited by Copper
      #181

      @Doctor-Phibes said in Bad timing:

      It seems to me that the appraisal system is pretty farcical

      Yup

      The thing is, it has different purposes for different people

      It has to be used by the lender, the buyer, the seller, the agents, the appraiser and the tax man. They all care about different things.

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #182

        The salesperson asked if we had plans to move in on Friday, which is the day after close. I thought that was a strange question. If we can’t close, it’s our problem what we will do, not hers. And she is not asking out of concern. My guess is that she wants to fashion a narrative for her boss as a justification for lowering the price, rather than risk missing the close as she engages with the appraiser. So I let her know we have huge plans for the day after the close, which will be complicated to cancel.

        There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

        Education is extremely important.

        Doctor PhibesD 89th8 2 Replies Last reply
        • HoraceH Horace

          The salesperson asked if we had plans to move in on Friday, which is the day after close. I thought that was a strange question. If we can’t close, it’s our problem what we will do, not hers. And she is not asking out of concern. My guess is that she wants to fashion a narrative for her boss as a justification for lowering the price, rather than risk missing the close as she engages with the appraiser. So I let her know we have huge plans for the day after the close, which will be complicated to cancel.

          There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

          Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by Doctor Phibes
          #183

          @Horace said in Bad timing:

          There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

          We've got the opposite problem - I currently own two houses, we're supposed to close the sale on 10/6. The buyer seems overly concerned with a missing down-spout on one of the gutters and us repairing the lazy Susan. What he should be looking at is the $30K we just spent on the new septic system. I don't think he's ever owned a house before, and is approaching it like you do a landlord, worrying about all the little things. It's really quite aggravating. We've been knocking ourselves out fixing up the new place which was a real mess, and he's nit-picking our place, which is actually in pretty good shape.

          The bank hasn't done the appraisal yet, so there's that, too....

          I was only joking

          HoraceH 89th8 2 Replies Last reply
          • Doctor PhibesD Doctor Phibes

            @Horace said in Bad timing:

            There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

            We've got the opposite problem - I currently own two houses, we're supposed to close the sale on 10/6. The buyer seems overly concerned with a missing down-spout on one of the gutters and us repairing the lazy Susan. What he should be looking at is the $30K we just spent on the new septic system. I don't think he's ever owned a house before, and is approaching it like you do a landlord, worrying about all the little things. It's really quite aggravating. We've been knocking ourselves out fixing up the new place which was a real mess, and he's nit-picking our place, which is actually in pretty good shape.

            The bank hasn't done the appraisal yet, so there's that, too....

            HoraceH Offline
            HoraceH Offline
            Horace
            wrote on last edited by
            #184

            @Doctor-Phibes said in Bad timing:

            @Horace said in Bad timing:

            There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

            The bank hasn't done the appraisal yet, so there's that, too....

            What could go wrong?

            Education is extremely important.

            1 Reply Last reply
            • kluursK Offline
              kluursK Offline
              kluurs
              wrote on last edited by kluurs
              #185

              Exciting times.... can hardly wait for the exciting conclusions.

              1 Reply Last reply
              • HoraceH Horace

                The salesperson asked if we had plans to move in on Friday, which is the day after close. I thought that was a strange question. If we can’t close, it’s our problem what we will do, not hers. And she is not asking out of concern. My guess is that she wants to fashion a narrative for her boss as a justification for lowering the price, rather than risk missing the close as she engages with the appraiser. So I let her know we have huge plans for the day after the close, which will be complicated to cancel.

                There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

                89th8 Offline
                89th8 Offline
                89th
                wrote on last edited by
                #186

                @Horace said in Bad timing:

                There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross live under that bridge when we get to it.

                FIFY 🙂

                1 Reply Last reply
                • Doctor PhibesD Doctor Phibes

                  @Horace said in Bad timing:

                  There is a real concern about being homeless next Monday, when our Airbnb time expires, but we will cross that bridge when we get to it.

                  We've got the opposite problem - I currently own two houses, we're supposed to close the sale on 10/6. The buyer seems overly concerned with a missing down-spout on one of the gutters and us repairing the lazy Susan. What he should be looking at is the $30K we just spent on the new septic system. I don't think he's ever owned a house before, and is approaching it like you do a landlord, worrying about all the little things. It's really quite aggravating. We've been knocking ourselves out fixing up the new place which was a real mess, and he's nit-picking our place, which is actually in pretty good shape.

                  The bank hasn't done the appraisal yet, so there's that, too....

                  89th8 Offline
                  89th8 Offline
                  89th
                  wrote on last edited by
                  #187

                  @Doctor-Phibes yeah that’s annoying. But, hopefully minor and temporary. Hope the new place is rewarding to fix and make your own

                  @Horace When is the updated appraisal expected?

                  HoraceH Doctor PhibesD 2 Replies Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #188

                    Amazing how nit-picky buyers can be.

                    But when you start talking about an older property they get perfectly ridiculous.

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    1 Reply Last reply
                    • 89th8 89th

                      @Doctor-Phibes yeah that’s annoying. But, hopefully minor and temporary. Hope the new place is rewarding to fix and make your own

                      @Horace When is the updated appraisal expected?

                      HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #189

                      @89th said in Bad timing:

                      @Doctor-Phibes yeah that’s annoying. But, hopefully minor and temporary. Hope the new place is rewarding to fix and make your own

                      @Horace When is the updated appraisal expected?

                      Tomorrow. Or never, in which case we have a Mexican standoff where I threaten them that they will have to keep my 25k earnest money if they don’t reduce their price.

                      Education is extremely important.

                      1 Reply Last reply
                      • 89th8 89th

                        @Doctor-Phibes yeah that’s annoying. But, hopefully minor and temporary. Hope the new place is rewarding to fix and make your own

                        @Horace When is the updated appraisal expected?

                        Doctor PhibesD Offline
                        Doctor PhibesD Offline
                        Doctor Phibes
                        wrote on last edited by Doctor Phibes
                        #190

                        @89th said in Bad timing:

                        Hope the new place is rewarding to fix and make your own

                        I'm actually really enjoying it, although it's been a lot of work. The previous owners appear to have been absolute slobs, but the fundamentals are good.

                        On Sunday I removed this absolutely horrifically colored, and very dirty, bright pink carpet from one of the bedrooms, uncovering a pretty much pristine hardwood floor underneath. It appears to have been untouched since about 1980. So there are some nice surprises, along with the less nice ones. I have found and disposed of more discarded dental-floss applicators than I care to think about. After a while you stop pulling a face over the discovery.

                        I was only joking

                        89th8 1 Reply Last reply
                        • HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on last edited by Horace
                          #191

                          According to the closing sheet, our agent is getting 3% commission. That will be a topic of conversation if it is ever suggested that I pony up the 1%. I am sure he will jump at the chance to finally make himself useful, beyond doing MLS searches we could have done ourselves.

                          Education is extremely important.

                          89th8 1 Reply Last reply
                          • HoraceH Horace

                            According to the closing sheet, our agent is getting 3% commission. That will be a topic of conversation if it is ever suggested that I pony up the 1%. I am sure he will jump at the chance to finally make himself useful, beyond doing MLS searches we could have done ourselves.

                            89th8 Offline
                            89th8 Offline
                            89th
                            wrote on last edited by
                            #192

                            @Horace boom, roasted

                            1 Reply Last reply
                            • Doctor PhibesD Doctor Phibes

                              @89th said in Bad timing:

                              Hope the new place is rewarding to fix and make your own

                              I'm actually really enjoying it, although it's been a lot of work. The previous owners appear to have been absolute slobs, but the fundamentals are good.

                              On Sunday I removed this absolutely horrifically colored, and very dirty, bright pink carpet from one of the bedrooms, uncovering a pretty much pristine hardwood floor underneath. It appears to have been untouched since about 1980. So there are some nice surprises, along with the less nice ones. I have found and disposed of more discarded dental-floss applicators than I care to think about. After a while you stop pulling a face over the discovery.

                              89th8 Offline
                              89th8 Offline
                              89th
                              wrote on last edited by
                              #193

                              @Doctor-Phibes said in Bad timing:

                              @89th said in Bad timing:

                              Hope the new place is rewarding to fix and make your own

                              I'm actually really enjoying it, although it's been a lot of work. The previous owners appear to have been absolute slobs, but the fundamentals are good.

                              On Sunday I removed this absolutely horrifically colored, and very dirty, bright pink carpet from one of the bedrooms, uncovering a pretty much pristine hardwood floor underneath. It appears to have been untouched since about 1980. So there are some nice surprises, along with the less nice ones. I have found and disposed of more discarded dental-floss applicators than I care to think about. After a while you stop pulling a face over the discovery.

                              That is a nice surprise (the floor, not the floss). Our previous owners also had a few areas they didn't maintain, so it's been nice to fix and refresh areas that we can make our own. They also really had a style that resulted in many very heavy (literally) and dark window dressings. It was fun (and dusty, and spider-y) to remove those to expose the really nice, bright, and wood-trimmed windows in a few rooms.

                              1 Reply Last reply
                              • HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #194

                                Closing rescheduled for Friday, which may or may not screw all our plans for moving stuff in on Friday. Depending on how lenient the builder would like to be with allowing a buyer to do stuff with the house before the close.

                                Education is extremely important.

                                kluursK 1 Reply Last reply
                                • HoraceH Horace

                                  Closing rescheduled for Friday, which may or may not screw all our plans for moving stuff in on Friday. Depending on how lenient the builder would like to be with allowing a buyer to do stuff with the house before the close.

                                  kluursK Offline
                                  kluursK Offline
                                  kluurs
                                  wrote on last edited by
                                  #195

                                  @Horace I hope that works - should make for an interesting day.

                                  1 Reply Last reply
                                  • jon-nycJ Offline
                                    jon-nycJ Offline
                                    jon-nyc
                                    wrote on last edited by
                                    #196

                                    Makes for an exciting game of chicken on that 1%.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    HoraceH 1 Reply Last reply
                                    • HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #197

                                      I rescheduled the move for Monday. Now we wait to see if the appraiser changes his mind, and we can close Friday. If he doesn’t, the builder is still in the drivers seat with our abnormally large amount of earnest money and no contingencies. And the salesperson is off in her own righteous reality where she believes the price drop she has already allowed is generous to a fault. Never mind the appraisal that was lower. It’s just an absurd appraisal, according to her.

                                      Education is extremely important.

                                      89th8 1 Reply Last reply
                                      • HoraceH Horace

                                        I rescheduled the move for Monday. Now we wait to see if the appraiser changes his mind, and we can close Friday. If he doesn’t, the builder is still in the drivers seat with our abnormally large amount of earnest money and no contingencies. And the salesperson is off in her own righteous reality where she believes the price drop she has already allowed is generous to a fault. Never mind the appraisal that was lower. It’s just an absurd appraisal, according to her.

                                        89th8 Offline
                                        89th8 Offline
                                        89th
                                        wrote on last edited by
                                        #198

                                        @Horace She sure likes exaggeration. Absurd would be like $300,000 low. Just as I'm sure any lower offer she's heard of in the past was "insulting". Insulting would be "I offer you $100, which you should recognize because it came from your mother last night!"

                                        HoraceH 1 Reply Last reply
                                        • 89th8 89th

                                          @Horace She sure likes exaggeration. Absurd would be like $300,000 low. Just as I'm sure any lower offer she's heard of in the past was "insulting". Insulting would be "I offer you $100, which you should recognize because it came from your mother last night!"

                                          HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #199

                                          @89th said in Bad timing:

                                          @Horace She sure likes exaggeration. Absurd would be like $300,000 low. Just as I'm sure any lower offer she's heard of in the past was "insulting". Insulting would be "I offer you $100, which you should recognize because it came from your mother last night!"

                                          Stealing that one for use in future negotiations. Thanks.

                                          Education is extremely important.

                                          1 Reply Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups