Verbal offer situation
Bama Boy
8 years ago
Featured Answer
Sort by:Oldest
Comments (25)
Bama Boy
8 years agoRelated Discussions
Verbal Offer
Comments (54)Chiming in here. Coming from NYC suburbs, I never even knew there were written offers until I came to this forum. The buyers realtor would call the Sellers realtor to make an offer, the seller's realtor would call the seller to tell them about it, seller would tell seller's realtor if they want to counter and if there are any contingencies etc. There's a whole bunch of back and forth. Whole thing usually takes less than week. Once the "terms" are agreed to, the seller attorney drafts a contract and presents it to the buyers attorney. Attorney review usually takes approx 2-3 weeks. Either party can technically back out of the deal with no penalty until the contract is signed. No deal is done w/o an attorney. All negotiations are verbal and then finalized in a contract. Fow some reason, closings take about 3 months. It is a terrible and backwards system- but its how its done here. Also, its not unusual in my area (since houses are ridiculously overpriced) in a slower market to bid $20K under asking. When the market was decent, we had our house on the market for $640 and got a verbal offer for $605. We went up to $615K and the offer fell through (yes - I know it was because it wasn't written or binding). My inlaws had their house (bad market) on the market for $699K. They accepted an offer of $605K - but the housing market is dead here so they're lucky they got an offer. To the OP, not sure if the market in your area is slow or not but I wouldn't be insulted in your offer, I think its a fair starting point. You may end up meeting in the middle at the $285 mark....See More'Verbal' Offer...sort of.
Comments (14)Both I and my Realtor agree with somebody above - it's not the price, it's simply the choice that's out there. Houses in our area are selling very close to asking price, as everybody is trying to price their house competitively and as close to market as possible. There's just a lot out there. We have another showing tomorrow...things sound good...single guy, wants a big backyard, etc...we'll see. We're getting a lot of action lately, and our Realtor thinks we'll see an offer soon....See MoreOffer (was 'Verbal' Offer...sort of.)
Comments (6)He wanted to pay less than $260,000. We wanted 262,000, and my agent agreed. He didn't go for it. He also wanted to closed on Jan 15. Meanwhile, we have another offer coming in tomorrow, supposedly. My agent said that she felt (she's good - very experienced) that this was a guy who liked to "win" at this game. I know, we all like to win, but while we were willing to come down with price, etc., he wouldn't budge. Also, according to the agent, his agent claimed that the appraisal I had done in September (so I could price my home right during a FSBO) was done for a divorce. He kept insisting it was a divorce...then he kept talking about it being a refinance. It was neither. Whatever. My agent also felt like this guy would have been a real piece of work with the inspection. We had two showing today, one tomorrow. A second showing on Sunday. Things are happening here....See MoreMy mother in law verbally attacked me!
Comments (21)It's such a pity that so many women out there have to deal with crazy, unstable MILs. It makes me wonderDid they forget what it's like to become a married woman themselves and want to be accepted and respected by their own MILS? I just donÂt get it. How do they turn into these overbearing monsters? Let me begin by saying thank you to everyone who has posted a story here. They were very interesting to read and I am sorry to all of you who have had to deal with crazy MILs. I am however so empowered by you and think it is awesome that you have still, however difficult, not let it end your relationships and marriages. ItÂs the easiest thing to do  just throw your hands up and walk out  and sometimes you just want to do it so badly. However, it really proves a point when you decide that youÂre not going to let someone elseÂs ridiculousness ruin what you have with your partner. You really have to stand up for yourself and your own life. It would be a relief to walk out but it would be a definite pity to let people like that win! My own story is certainly not as serious as some of the ones that have been posted here, nor am I a married woman like many of you here are. However, I have had an experience with the mother of my boyfriend, with whom IÂve been together for almost two years now. WhatÂs sad is that yes, weÂre not even married yet, and sheÂs already gone and done it. Some women have been married for years and have never had to deal with anything too crazy from their MILs, and other get it before marriage is even in the picture. Oh splendid!! ;-) Anyhow, to get to the point, what happened is that I was arguing over the phone with my boyfriend this past summer and she overheard us arguing. She and I always got along fine  almost too well, really  but she definitely did butt into our business sometimes when she didnÂt really have a place. It was never anything really serious though. This time, however, her over-involvement really went too far. I was directly asking him why he hadnÂt worked in the past ten months. He was in school from January to May, so okay fine, but then clearly in the summer he had no excuse. I asked this because I was curious if there was something he wasnÂt telling me (thatÂs part of a longer story) and I just wanted to make sure I wasnÂt being fooled or something. I also asked this because his money or lack thereof would sometimes directly affect our relationship; we werenÂt always able to do everything we (and I) would have liked to because he didnÂt always have the dough! And at this point our relationship had turned long distance (I moved back home from college)! (So, it is partly my business, at least I definitely think it is!) So, his mother overheard what I was saying through her son openly reiterating it in the house and got all defensive because his reaction over the phone made it sound like I was being abrasive and putting him down (when he is, without a doubt, trying to better himself and was back in school finishing his degree). She wrote the following on a piece of paper and flagged at him, to say to me: "Tell her she hasnÂt lost ten lbs in the past ten months and that makes her hard to defend!" Long story short, I ended up finding out that she wrote this, with the intention of him to saying it to his own girlfriend. I was so shocked and hurt (and then just outright pissed!). I cried well into the next day about it. Never has anyone been so outrightly mean to me sinceÂI donÂt know...elementary school! I couldnÂt believe she would talk about me like that, and better yet, try to get him to talk to me like that (he is nothing like that at all  very sweet and loving and accepting of me the way I am  the good and the bad). It was also shocking because, like I previously mentioned, we always got along very well and if anything I had only heard her say nice things about me, especially about my physical appearance  that IÂm cute, how nice I looked in a dress, things like that. I always knew she had a bad temper and when angry let things fly out of her mouth, but I never knew she could be that bad and loose ALL sense. ItÂs one thing when you let things fly out of your mouth to your family  families can usually make amends and move on  but to your sonÂs girlfriend? Please. Even some of the stupidest people on earth know you donÂt say things like that to people, and this woman, believe it or not, is very far from stupid and scummy. SheÂs got three degrees (one of them a J.D.) and is a reverendÂs wife!!! You would never think you could hate this woman, but then watch her snapÂand you wonÂt believe how she acts. I guess thatÂs how it goes with her, sadly. It is now over five months later and I have still not received any kind of apology from her. My boyfriend has said that he has talked to her about the situation multiple times and she does intend to apologize but when the "time is right." (Supposedly she said that she does not think IÂm fat or anything like that and just said that because she knows itÂs something IÂm insecure about.) I just think that sheÂs a coward and doesnÂt know how to be an adult and do what should have been done months ago. ItÂs been so long now and I feel like sheÂs lost her chance. At this point, what is an apology even worth? I donÂt feel that it would be genuine. If she really cared, if she really regretted what she said and the damage she did, she would have cleared things up a loooong time ago. I truly believe that. I know that everyone else does not think the way I do, but I do know that if I were her I would want to make things right again asap, as embarrassing as it may be. No one likes to apologize but it is the right thing to do and I know that I couldnÂt feel right about myself again until I made those amends. She is 46 and I am 22. ShouldnÂt she know this far better than me?! The facts of the matter are: she had no place in that conversation to begin with (it was between my boyfriend and myself  she had nothing to do with anything we were talking about) and on top of that she took a low blow at me (better yet tried to advise her own SON to take the low blow at me) thinking that bringing up my weight and attacking me with that is fighting on an even playing field. Okay, IÂm not Einstein (and I donÂt have a J.D.), but since when is attacking someoneÂs physical appearance equal to asking a person why they havenÂt worked? Hm. Still trying to figure that one out! I also know that what she said wasnÂt the most AWFUL thing in the world and could have certainly be a lot worse. However, it was still intentionally mean, cheap, classless, not to mention absolutely unnecessary! I do not think that I should just let this blow over. You canÂt treat people like that just because you feel they are "attacking" someone you love and that you need to provide defense! I donÂt even know how I would react if she did try to apologize this late on, but I do know that as long as nothing at all is done IÂm definitely not going to back down. I'm definitely not going to disrespect myself after she did as well. The incentive to write this story actually came from another situation that just happened earlier this evening. My boyfriend was fighting with his parents and she, angry and impulsive, called me. (I didnÂt pick up at the time.) I found out afterwards from my bf that she was calling me so that I could hear the way he was yelling at them and then I donÂt know, maybe think twice about staying with him? Well first of all, I already know that side of him (it has been two years!) and know that when people get pissed they yell! I do it to him too! If we were hitting each other and verbally abusing each other, thatÂd be another story. Furthermore, why in the hell does she think itÂs okay to call me ESPECIALLY knowing our circumstances? If you canÂt use my number for good, then donÂt use it at all! I certainly donÂt need her calling me to start drama and try to what  have me leave him?? And even IF we were on good terms, who the hell does that?!! What place did I even have in that situation and why did she try to use it to cause problems between him and I too??? I donÂt want to think that she wants me to leave him so that she can be rid of me, because I donÂt think thatÂs true. But seriously, the woman needs to get a hold of herself and start being her actual age (46), not the sum of her age. Okay so I know that was a novel but itÂs something that I havenÂt written about since it happened, and I guess I just had a lot built up. Bless you and thank you a million if you have made it to the end! If I can get any kind of feedback or thoughts from anybody about any aspect of what I wrote, I would greatly appreciate it! This is not something that I let bother me too much, but it is something that I wish did not have to be so. Thank You! Nicole...See MoreBama Boy
8 years agolast modified: 8 years agoncrealestateguy
8 years agoBama Boy
8 years agogeoffrey_b
8 years agoncrealestateguy
8 years agogeoffrey_b
8 years agolast modified: 8 years agoncrealestateguy
8 years agogeoffrey_b
8 years agoncrealestateguy
8 years agogeoffrey_b
8 years agoncrealestateguy
8 years agoHockeymom84
7 years agoHope ForBest
7 years agocpartist
7 years agoHope ForBest
7 years ago
Related Stories
KITCHEN DESIGNKitchen Sinks: Granite Composite Offers Superior Durability
It beats out quartz composite for strength and scratch resistance. Could this kitchen sink material be right for you?
Full StoryWINDOW TREATMENTSSmall Luxuries: Motorized Window Coverings Offer Benefits to All
Free yourself from the mess of cords and the bother of blind rods. Motorized blinds and drapes make managing natural light easy
Full StoryINSIDE HOUZZInside Houzz: New Data Offer Insights on Landscaping Trends
Homeowners are looking to manage water and add more enjoyment to their landscapes, according to a new Houzz survey
Full StoryTRADITIONAL ARCHITECTURERoots of Style: Georgian Homes Offer Familiarity Through the Ages
Americans have been embracing this interpretation of classical architecture since the 1700s. Does your home show off any Georgian details?
Full StoryKITCHEN DESIGNKitchen of the Week: Navy and Orange Offer Eclectic Chic in California
Daring color choices mixed with a newly opened layout and an artful backsplash make for personalized luxury in a San Francisco kitchen
Full StoryWINDOW TREATMENTSThe Case for Stationary Draperies
Curtains that open and close are great in some situations, but stationary draperies can give you a better view (and save money too)
Full StoryLAWN ALTERNATIVESStop Fighting the Patchy Lawn!
Here are 3 situations where a garden may be a better idea than more turfgrass
Full StoryDECORATING GUIDESDecorate With Intention: Get Your Home Office Right
Help personality and productivity team up in a home office for a win-win situation
Full StoryROOM OF THE DAYRoom of the Day: A Maine Guest Cottage Steeped in Charm
Once offering eggs for sale, this little guesthouse now offers a serene experience in a refined rustic setting
Full StoryGARDENING GUIDESGreat Design Plant: California Poppy
Fall planting: California's state flower offers a glorious spring show and spreads readily in gardens under the right conditions
Full Story
Ann Scott-Arnold