Quote:
Originally Posted by Weitz
Not to rain on your parade but I would assume 2% of sales of conditions not being met is way too low. And if conditions aren’t met the deposit gets returned.
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So you're def right, the deposit isn't quite as iron clad as I thought. But my realtor is sticking with his numbers on conditional sales falling thru. Also, half the time it fails its due to inspection and since we're a 5 year old home won't be an issue.
Quote:
Originally Posted by Weitz
Especially because you were concerned it wouldn’t sell.
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I wasn't too worried about it not selling cuz the house sucked, just the market is weak. But for houses in our area our size it's actually not that bad. We've had 3 more viewings since our home was conditionally sold, so the interest is there. I'll breathe easier on the 22nd when this moves into a more official sale
