A few months ago my husband and I went to an open house. We were interested enough to think about taking a second look with our dads (both contractors who could give us plenty of info on what needed to be done to the house). When we called the real estate agent, we were informed that an offer had been made and accepted on the house. We were disappointed, but kept the MLS listing in our saved file anyway just in case. A month or so ago, it was re-listed with a 20,000 price drop. We wondered if the people who had made the offer had had a home inspection done and found that a lot more needed to be done than they had thought when they made their offer so they had withdrawn. That scared us, so we backed away too. This week, the house dropped to 125,000, when it had originally been at 185,000. Now that it is such a great price, I think it is worth taking a look at again, but my husband is still scared of it.
First, is there a way we can find out what was in the inspection report?
Second, if we have to talk to the owner's real estate agent, what is the best language to use? Just to give a little more info, the property is listed as ready to occupy, but when we went to the open house the agent told us it would need a rehab loan. There were several other inconsistencies in the ad for the home as well, making it sound much better than it is. It is actually in pretty rough shape, but the land is so beautiful it drew us in. We are afraid the owner/real estate agent employed by the owner won't be truthful if we ask them, since they weren't truthful in the ad.
Thank you for any help!!
Answer by dancer at 11:55 AM on Jun. 30, 2011
Answer by Gnomeofmyheart at 12:17 PM on Jun. 30, 2011
Answer by dustbunny at 12:28 PM on Jun. 30, 2011
Answer by Caroline2010 at 12:24 PM on Jun. 30, 2011
Answer by wildflowers25 at 12:53 PM on Jun. 30, 2011