Actually, they will. All the bank cares about in most cases is that the house appraises.
That's the take I had. My mortgage bank said they do need to have the water tested but that's it.
Definitely get the septic systems inspected!!
I've already told the realtor that my purchase is contingent on the sale of my home and the pass of all inspections. I'm not going to budge on that for a moment.
I don't see why your realtor has to run your offer by her broker. As your agent she is obligated to present ALL offers on your behalf--not just the ones she likes, and even if she is sure the sellers will reject it.
It's actually their agent. I've been thrown so much advice I can't remember what's smart or not anymore but she is the seller's agent. Actually she titled herself to me as a dual agent, working in the best interest of the transaction.
I'm not sure how accurate that is but I figured no sense bringing another agent to the table representing me since I don't know any good ones and I was low balling the hell out of the sellers.
This was probably a mistake since it appears that the sellers are much less willing to negotiate than I had thought so it's getting a bit competitive. But I think I can hold my own. Plus it seemed like the agent involved wasn't biased toward the seller. I'm not sure any agent can budge a seller who isn't pressured to sell their home really.
I mean, and I'm asking this truthfully... what would an agent I brought to the table add in terms of value for me?
I've already talked the sellers down $43,000.
Is she afraid of pissing off the sellers or the listing agent? Who gives a fuck if she does. It's her job to present your offers and if she isn't willing to do that, then you need to find a better realtor.
Does this statement change given what I said above about her being a dual agent?
My partner figured she wanted advice from her broker about how not to scare the sellers off since the house has been on the market for a while, this is the first serious offer, and we're so close to a deal now... it would suck to lose it.
Maybe he and I are naive though.
Also, I cannot believe she is trying to talk you out of getting the septic inspected (both tanks).
As I said previously, I could have seriously misinterpreted her. She didn't come right out and say this. She simply asked if I could ask my mortgage banker if they require inspection of the septic.
I found it strange when she asked me this simply b/c when I placed my two offers, I said both are contingent on full inspection including septic.
That's what led me to believe this. Would assume the same thing as me?
Here that is a mandatory obligation of the seller's unless the buyer agrees to waive it (something I never recommend my buyers do).
Damn! I wish that were the case here!!
