Re: Think long term - Posted by Stacy (AZ)
Posted by Stacy (AZ) on February 22, 1999 at 14:11:09:
Jim, would it be of greater benefit to you and the others involved to give them back some of their deposit? I’m not sure, but this sounds like a lease option, and you are speaking ot the option consideration. Or is this earnest money on a sales contract?
You could explain exactly why the deposit is not refundable, and then agree to give them some of it back for the sake of “good will”. It seems your goal should be to compromise a little to get back in good standing with the seller, as hard as that pill may be to swallow. Your long-range goal of getting the property sold is being held hostage by this misunderstanding. Choose your battles.
Then again, if this seller is going to prove to be difficult from here out, maybe it’s best to get out and move-on.