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Old 11-25-2013, 02:21 PM
 
Location: Corona the I.E.
10,137 posts, read 17,498,953 times
Reputation: 9140

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Quote:
Originally Posted by jojow View Post
When you say that your counter is full price plus closing costs, do you mean you countered with a contract price of list + $5000 with $5000 being credit back at closing towards closing costs? This would mean they "borrow" the closing costs in order to get the cash for closing and you get your net amount of full price.

If so, this is pretty standard where I live when the buyers need the cash and the sellers want more net. The sales price is higher so the loan amount can be higher but the difference is giving as credit (essentially) cash to cover closing costs.
Yes if that wasn't clear before.
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Old 11-25-2013, 02:26 PM
 
Location: Corona the I.E.
10,137 posts, read 17,498,953 times
Reputation: 9140
One thing I wanted to post earlier and couldn't not, because my wife is sensitive and was reading these posts, is my wife is a "collector" and has a hard time letting go of things. That is why we are going to have a bumpy ride trying to be ready to move in 3 weeks.

And for that stress and first show first offer I want full price for my time premium, because it will be rough dealing with her stuff in 3 weeks. Not hoarding but collected a lot of stuff.
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Old 11-25-2013, 02:28 PM
 
Location: Brentwood, Tennessee
49,927 posts, read 60,015,385 times
Reputation: 98359
Quote:
Originally Posted by Colorado xxxxx View Post
One thing I wanted to post earlier and couldn't not, because my wife is sensitive and was reading these posts, is my wife is a "collector" and has a hard time letting go of things. That is why we are going to have a bumpy ride trying to be ready to move in 3 weeks.

And for that stress and first show first offer I want full price for my time premium, because it will be rough dealing with her stuff in 3 weeks. Not hoarding but collected a lot of stuff.
That is a very difficult situation.

It certainly would have been best to have her begin packing things away in advance of listing, but that is a moot point now.

It certainly is not the easiest way to do it, but maybe if you start now, packing a bit every hour, you can do it.
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Old 11-25-2013, 02:37 PM
 
Location: Corona the I.E.
10,137 posts, read 17,498,953 times
Reputation: 9140
Quote:
Originally Posted by Wmsn4Life View Post
That is a very difficult situation.

It certainly would have been best to have her begin packing things away in advance of listing, but that is a moot point now.

It certainly is not the easiest way to do it, but maybe if you start now, packing a bit every hour, you can do it.
Yes we will have to............I just was notified they accepted our full price offer! So let the fun begin
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Old 11-25-2013, 03:07 PM
 
Location: Brentwood, Tennessee
49,927 posts, read 60,015,385 times
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Awesome. That is the way it is supposed to work.
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Old 11-25-2013, 03:21 PM
 
10,599 posts, read 17,918,802 times
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Quote:
Originally Posted by Colorado xxxxx View Post
Yes we will have to............I just was notified they accepted our full price offer! So let the fun begin
That's what I would have countered, too.

The $5000 closing costs paid by THEM because THEY want the 3 week close.

That 5K will enable you to pay packers to get OUT in time.

Good job.
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Old 11-25-2013, 03:32 PM
 
Location: Native Floridian, USA
5,297 posts, read 7,642,037 times
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Congratulations. I am sure you thought this through very carefully as you seem the type. Good luck from one "collector" to another.....and I mean the good luck ! lol
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Old 11-25-2013, 04:26 PM
 
5,724 posts, read 7,490,459 times
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Quote:
Originally Posted by Colorado xxxxx View Post
Yes we will have to............I just was notified they accepted our full price offer! So let the fun begin
Congratulations!!!!!!
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Old 11-25-2013, 04:31 PM
 
Location: Corona the I.E.
10,137 posts, read 17,498,953 times
Reputation: 9140
Much thanks all !, now the fun begins. I had a good feeling so I already dived in this morning, we have no plans for turkey day so we will have plenty to do.
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Old 11-25-2013, 05:08 PM
 
Location: Georgia
4,577 posts, read 5,673,296 times
Reputation: 15978
Congratulations! That's great -- good luck in your new home!
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