we made an offer on a house and have been negotiating for 2 weeks. We did a best and final and they wanted a few thousand more, we said 2K (it's a 700K house, so weird). They...
(more)
said they accept if we put 20% of the price is escrow. (we already agreed on 20K) WWYD? I'm very annoyed b/c we are solid buyers who want to close soon.
posted April 29th, 2011 at 11:04pm in
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11 Replies (log in or sign up to post a comment)
- nope. 10% is enough to risk. 4-29-2011 11:05pm
- even that seems like a lot and we already agreed on the 20K. It feels like they are messing with us. 4-29-2011 11:06pm
- True but 10% is standard. 4-29-2011 11:09pm
- not sure this is the place to come with this...what's your attorney telling you? 4-29-2011 11:07pm
- Usually it's 10 - 20 K or we could put down 10%. I'm just annoyed b/c we gave them a really good offer and they keep nit picking. 4-29-2011 11:10pm
- go with your gut 4-29-2011 11:12pm
- HUH? Usually it's 10,000?? 4-29-2011 11:16pm
- it is here for this price range. They already agreed to 20K. 4-29-2011 11:20pm
- DO NOT DO IT 4-29-2011 11:22pm
- i don't think i am. Why not? 4-29-2011 11:31pm
- I heard of a story where the seller would NOT close and would NOT give back the money. Buyer had to litigate 4-29-2011 11:35pm
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