This year, we had A LOT going on with the new house. In fact, they just finished putting a third coat on our new hardwood floors, all of our gorgeous kitchen cabinets have been installed, and I've even started painting our new walls.
And then there's our current house.
Well, to quote myself in dire times, "It looks like we got porked again."
Not the best phrase, but the most appropriate. Read on, please.
Our buyers, with whom we were under contract, backed out of the deal. They had a hubbard clause that stated that they could back out in 45 days if they did not sell their house.
On the 45th day, they decided to back out of the deal. Their reason? They did not sell their house, or have any interest, offers or showing in the past or near future.
We offered them an extension on the hubbard, and they refused.
We offered the extension with a price reduction to compensate for them reducing the price of their house, and they refused. I believe their exact words were, "No thanks."
Why would you say no to a price reduction and extension if it gave you more time to sell your house?
Then, on Sunday, as we were walking off a delicious brunch from The Cheesecake Factory (have you ever had their baja chicken hash from their brunch menu??? It's TO DIE), we got a text from our agent.
Our ex-buyers' house had gone under contract.
Within 10 days of saying adios to us because they had "no offers", they were under contract? In this market?
I don't this so.
In true KK fashion, I fired back a quick, bitter email that said something like, "Really? Sounds fishy to ME!"
But the more I thought about it, the angrier I got.
They just wanted OUT of our house deal. The woman never felt comfortable after the inspection found higher levels of radon (now reduce, $1100 later, thank you very much...). They probably felt like they were over-paying.
How could they go from "zero interest" to "under contract" in that short amount of time? Even negotiating takes days.
So after seeing their house under contract, our real estate agent reached out to their agent. Surely, now that they had buyers, they'd want to go back under contract with us, right???
"Sure, they're still interested, but they're looking at other properties," their agent told ours. "Today is the first day they are looking at houses again. They just LOVE the area!"
He signed off with a 'don't call us, we'll call you' mentality.
And that, my friends, is how you get porked.