Made Offer no reply - Posted by wm-pa
Posted by wm-pa on April 09, 2002 at 18:56:17:
I made an offer on a FSBO for a rowhome in not so great neighborhood. The seller asked for $45,000. House comps in the area are $45-56,000. Needs about $3,000 to look like new. I asked the seller if I were to pay all cash what would he want to sell it for? He said he would call me back…one week later he did. He asked me about the offer I made and again I said if I were to give you all cash tomorow what price would you give me. After a 15-20 second pause…he said $35,000. I told him I think that sounds ok but I would have to schedule an appointment to have my contractor inspect the house first. We agrred on a date 1 week later and all looked good until the day I was to go over for the inspection, he called and said I will have to reschedule the inspection. That was 3 weeks ago and the owner still has not called. The house is still up for sale. Should I contact him by phone or mail…What should I ask him?
The house belonged to a family relative who died and he was selling the house to get rid of it. Am I wasting my time or should I contact him?