Thursday, September 4, 2008

Done.

I just sent this to my agents:

Hi.

I'm angry.

I'm really starting to lose my patience with this. Just because I am using Down Payment Assistance and asking for closing costs doesn't mean this house is being gifted to me. It is a business deal and the price negotiated was the $229,500 with the DPA and the seller contributed closing costs. I'm being made to feel like I should be grateful to them for giving it to me at that price. I would still be paying nearly $2k a month in mortgage payment for the next 30 years. Not a gift. I'd also like to point out that we identified a lot of things that we gave up on even before signing the purchase agreement. We have been compromising since day one. What has the seller compromised on? The price? I'd love to see the appraisal.

All the numbers associated with this house were in black and white when we all signed the contract. If neither Bett nor her seller read contracts before signing - not my problem and I don't appreciate the retaliation in the form of "we aren't fixing any of your required repairs". I signed the contract and paid $350 for the appraisal and $300 for the inspection (I still owe Adam $50 for going into the crawl space) thinking this house would eventually be mine this Monday. I have been hurrying not only for my benefit, but also as compromise to the seller. I moved up my closing date to get him to sign with me rather than "the other offer". Then, when I'm the first to find safety issues with the house, they retaliate. I will contend until I am blue in the face that the requested repairs are required, safety issues. I'm not sure how else to say that. I don't know why anyone would sell someone a house with known safety issues. That is wrong.

I am not looking for a win here. There is no winner in this situation. I just want the seller to do the right thing and that means fixing the required repairs - the electrical, the chimney, the windows...the leak! I keep saying if the seller refuses to make the repairs - I'm out. I know both of you want me to get this house. I don't think anyone wants it as badly as the three of us. I fell in love with that house and was proudly telling everyone I was going to be a homeowner, but I'm not making deals with jerks like this seller and Bett so I need you to listen when I say "I'm out, I'm done". I am giving this until the end of the day, at which time I want to recover my earnest money and be done.

I do appreciate your help. Truly. I really want you to know that. I know this must be part of the homebuying process and you've both probably seen this happen so many times, but its new to me and I don't like it at all.

Anyway, thank you. You both have done a good job. If this doesn't pan out, in the future when I have the downpayment saved, I will be sure to work with you again.
Best,
L

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