House Drama: What should we do?

BusyBrideJMD · September 2010

We have been looking for a house closer to the city for over a year. Everything is out of our price range or is a total money pit. We had looked at this new townhouse that was within our budget about 6 months or so ago, but it was still unfinished and the layout was weird. We decided to pass on it and keep looking. Fast forward to last weekend, the same place is still on the market and was having an open house. I decided we should take another look, since we are getting pretty desperate and the pictures of the finished place looked nice. Well the layout still sucks, but we did learn that it would be possible to bump out a wall over the garage that would allow for an additional room (probably dining room) in the front of the house. We had a bunch of questions about other things that looked odd, so I wrote them all down and sent them to my RE to send to the builder. Well she had been trying all week to get an answer from them and they weren?t responding. Finally, she got the other agent on the phone this morning and she said they had an offer, but that if we submitted a sizeable down payment, our offer would probably blow out the other offer. I am not sure if this is BS just to get us to make an offer and to avoid answering our questions or if they are really serious. I really wanted to get answers to my questions before making an offer and I wanted my Dad to take a look, since he is an engineer and has a better understanding of the building process.

What would you do? TIA!

Emeraldeyed315 · September 2010

Seems a bit sketchy to me, and like a ploy. I wouldn't make an offer at this time due to the lack of communication. I'm sorry:( Be patient, something you love will come around!

MrsDe2008 · September 2010

I know you're frustrated from looking around...it's hard to find exactly what you're looking for in your price range, but take it from someone that has already bought and sold a townhouse...DON'T SETTLE!

You'll regret it even more. If these people aren't giving you the answers you want and they accept the offer, well then good for them...keep looking girlie...you will find exactly what you're looking for! Good luck!

lawby2005 · September 2010

I have to agree with PPs and say, not to increase your deposit. First off, you do not sound like you love this house enough. 2nd, why can't they just provide you with the info first and allow your father to look at it before? I would keep searching. I know that you are frustrated but it will all be worth it in the end. We looked for 8 months before we found our home. I was ready to just give in and take the next house that we saw. But I am glad we waited and got a house in a neighborhood that we thought we could never afford at this time.

Good Luck!

Carrieland · September 2010

I agree with everyone here. Get the answers to your questions first or put in an offer with the understanding that you need the answers right away and you can renege on the deal if you don't like the answers and/or if an inspector finds problems. But definitely don't settle.

Do you want to get together for a quick bite after training next Thursday and talk it out?

meggiednm · September 2010

I'd walk away. Or wait for your answers. And isn't it wrong for the agent to tell you to offer more in your deposit/down payment? I work in real estate in Brooklyn, so NJ real estate might be different, but that doesn't sound ethical to me. I mean, they can say that they 'have an offer on the table for the asking price' and then that clues you in to needing to offer more. But that's it! Will they let you come back and see it so you can bring your dad? I mean, you can always put a contingency plan in the contract stating your concerns and if something goes wrong, etc, you can walk away, no harm done.

I know it's frustrating, but the right house is out there for you and your DH!

House Drama: What should we do?

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