Friday, April 18, 2008

Counter Offer

Here is the situation. They came back with an offer to us for what they can afford. Apparently, they need to have almost their entire purchase price to sell this house. They are up to their ears in debt. It makes for an interesting negotiation. I should say, lack of negotiation. We are trying to figure out what God wants us to do about the offer. We know what we can and cannot do. The purchase price is not the problem. The real problem comes from not knowing the taxes or the insurance. We keep calling companies and they tell us they can't start new policies. The only company that does is Citizens. There is a problem with this. Each agent we have spoken to, gives us a different quote from citizens. They have differed in the amount of about 2000 a year. This makes no sense, and I am certainly frustrated. We have been praying for clarity on the prices, and patience on our part. That makes for a very tense weekend. We are not stressed, just frustrated and waiting. Hopefully all will work out by Monday.
me

2 comments:

HB said...

I think we are getting somewhere! Lovey!

Becca said...

Yikes! that is a big variance in price on insurance. I really hope you guys can work this one out though, the house is awesome. We had to pay full price on our house to obecause of the people's debt probs. That's the bad thing about the market these days, normally you can see a price tag and offer lower than what that is and get it, but these days people are pricing it so low that there are hardly any negotiations. :( good luck though!!