Bad timing
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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.
wrote on 28 Sept 2022, 16:18 last edited by@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!"
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@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!"
wrote on 28 Sept 2022, 17:02 last edited by@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.
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wrote on 28 Sept 2022, 17:13 last edited by
@jon-nyc said in Bad timing:
Makes for an exciting game of chicken on that 1%.
The wild card is that my wife doesn't like the house to begin with. The builder and our agent don't truly understand how precarious this deal is, even given the earnest money is at peril.
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wrote on 28 Sept 2022, 17:52 last edited by
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wrote on 28 Sept 2022, 19:18 last edited by
@George-K said in Bad timing:
Link to video
It's all good no matter what happens. If we walk away rather than make a small financial sacrifice, I score points and she is happy that the horizon is clear to pursue her dream house. If the appraisal is adjusted, we go forward with the current deal. If the agent and builder chip in to make up the 1% difference with the current appraisal, we got a slightly better deal and she feels like she won this small battle with the builder.
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@George-K said in Bad timing:
Link to video
It's all good no matter what happens. If we walk away rather than make a small financial sacrifice, I score points and she is happy that the horizon is clear to pursue her dream house. If the appraisal is adjusted, we go forward with the current deal. If the agent and builder chip in to make up the 1% difference with the current appraisal, we got a slightly better deal and she feels like she won this small battle with the builder.
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wrote on 30 Sept 2022, 15:07 last edited by
@89th said in Bad timing:
@Horace I require 1x updates today
Me too. I’m just waiting in fascination at the lack of updates from the builder. Close is scheduled for 5 hours from now. Lacking further updates, I will bring a cashiers check which will be insufficient by the 1% at play. I expect an update within the next few hours though.
Update as I wrote this, the builder salesperson is confident the appraisal will be raised. She says the dirty Puerto Rican appraiser was late and did a bad job but his supervisor is cooperative.
So that sucks for us. It means we sacrificed our moving weekend plans just to allow the builder to charge us more.
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@89th said in Bad timing:
@Horace I require 1x updates today
Me too. I’m just waiting in fascination at the lack of updates from the builder. Close is scheduled for 5 hours from now. Lacking further updates, I will bring a cashiers check which will be insufficient by the 1% at play. I expect an update within the next few hours though.
Update as I wrote this, the builder salesperson is confident the appraisal will be raised. She says the dirty Puerto Rican appraiser was late and did a bad job but his supervisor is cooperative.
So that sucks for us. It means we sacrificed our moving weekend plans just to allow the builder to charge us more.
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wrote on 1 Oct 2022, 00:00 last edited by
Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
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Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
wrote on 1 Oct 2022, 00:45 last edited by@Horace said in Bad timing:
Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
At long last, our national nightmare is over.
Now, all you have to do is convince the spousal unit that the place will be OK.
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@Horace said in Bad timing:
Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
At long last, our national nightmare is over.
Now, all you have to do is convince the spousal unit that the place will be OK.
wrote on 1 Oct 2022, 00:53 last edited by@George-K said in Bad timing:
@Horace said in Bad timing:
Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
At long last, our national nightmare is over.
Now, all you have to do is convince the spousal unit that the place will be OK.
Have to wait this one out. For now it’s my job to share in some sadness.
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wrote on 1 Oct 2022, 01:15 last edited by
Now, it's all easy.
Just move in.
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wrote on 1 Oct 2022, 01:49 last edited by
Now, you have many life altering changes to go through.
- Gig 'em, Aggies! or Hook 'em, Horns!. Or maybe somebody else...Everybody in Texas has a college team they root for.
- Guns. Well...You did move to Texas.
- Barbeque joint. Everybody has a favorite.
- Boots. Not everybody wears them, but a lot of folks do. If fitted well, very comfortable.
- Wranglers or Levis? Cowboys wear Wranglers.
- Pickup. Well...You did move to Texas. Pickup brand arguments can approach the intensity of favorite college team, gun, or barbeque joint.
- Texas Two-step. Worth learning.
Have fun.
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Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
wrote on 1 Oct 2022, 11:36 last edited by@Horace said in Bad timing:
Closed this afternoon. Appraisal was raised to exactly our contract price. What a coincidence.
Congratulations, Horace. I hope the new place and location work out really well for you.
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wrote on 1 Oct 2022, 13:09 last edited by
Thanks. It's a beautiful house and we will both like it. Also we got a nice surprise that it will be taxed as an "improvement" rather than a "house" until next year. That'll save 20% of the monthly payment, till january.
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wrote on 1 Oct 2022, 13:14 last edited by
If you feel like it, care to share some photos?
How're y'all likin' Texas so far?
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Now, you have many life altering changes to go through.
- Gig 'em, Aggies! or Hook 'em, Horns!. Or maybe somebody else...Everybody in Texas has a college team they root for.
- Guns. Well...You did move to Texas.
- Barbeque joint. Everybody has a favorite.
- Boots. Not everybody wears them, but a lot of folks do. If fitted well, very comfortable.
- Wranglers or Levis? Cowboys wear Wranglers.
- Pickup. Well...You did move to Texas. Pickup brand arguments can approach the intensity of favorite college team, gun, or barbeque joint.
- Texas Two-step. Worth learning.
Have fun.
wrote on 1 Oct 2022, 13:28 last edited by@Jolly said in Bad timing:
Now, you have many life altering changes to go through.
- Gig 'em, Aggies! or Hook 'em, Horns!. Or maybe somebody else...Everybody in Texas has a college team they root for.
Problem is that I won't be able to watch them on TV, since I won't have a TV service.
- Guns. Well...You did move to Texas.
Will be getting hand guns.
- Barbeque joint. Everybody has a favorite.
Yep. I haven't tried Buc-ee's yet, but there is one within a few minutes of our new place. We're just as excited about Houston's chinatown and its restaurants. About 15 minutes away, and the selection and quality is great. Probably as good as San Francisco's chinatown, but actually accessible.
- Boots. Not everybody wears them, but a lot of folks do. If fitted well, very comfortable.
Then I'd have to wear something other than shorts.
- Wranglers or Levis? Cowboys wear Wranglers.
Then I'd have to wear something other than shorts.
- Pickup. Well...You did move to Texas. Pickup brand arguments can approach the intensity of favorite college team, gun, or barbeque joint.
I do want a bigger car. I was thinking SUV. We rented a Ford Explorer on our trip down here in June and I really liked it.
- Texas Two-step. Worth learning.
We went out for Karaoke and dancing last weekend with a bunch of her Chinese friends. Not really Texas culture stuff, but the Chinatown crowd has been very welcoming.
Have fun.
We will! Thank you.
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wrote on 1 Oct 2022, 13:36 last edited by
@George-K said in Bad timing:
If you feel like it, care to share some photos?
Sure, eventually, after the neighborhood isn't such a mess from the construction, the fountain is put in, the water is clear and blue, and we have all our nice furniture in.
How're y'all likin' Texas so far?
It's been a roller coaster with all the stress from not knowing what's going to happen. Then the disappointment, that I was unprepared for, over what I came to know, after it was too late, as someone's dream house, now forever lost. But Texas itself has been great. The people, the gas prices, the weather, have all been great so far. The Airbnb has been a pleasant surprise too. After the closing was delayed by a day, we had to reschedule for one extra day here, so the host changed our reservation from 29 days to 30. That triggered a TX tax law that exempted our stay from the hotel tax of 6% per day. So our total bill went down by $150 because the tax exemption applies to all 30 days. Got an extra day and received a refund on our credit card.
Also our agent offered $500 to compensate us for our trouble this weekend, but he made it clear that it was too late for it to come from his agency so it would be coming out of his pocket. So I haven't taken him up on it. I have my pride. Texas pride.
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wrote on 1 Oct 2022, 13:46 last edited by
BTW, Rice has a pretty durn good music school. Watch for concerts or events. Or take a class, if so moved.