Home Buying in 20745>Question Details

Protege, Home Buyer in Maryland

I am afirst time homebuyer and i found the house that i want.. it's been on the market for 140 days and i

Asked by Protege, Maryland Wed May 14, 2008

submit the offer and mmissed one contigency, so they decided to withdrawn the house from the market and rent it out,,, do you think they are going to put it back on the market...
hope for any response...
thanks

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Answers

5
Did they rent it out or did they just decide to put it out for rent? If the latter is true, just go back to your agent and ask them to resubmit your bid without the contingency. If not, find yourself another place. The one thing you don't want to do is become obsessed with a given property or you will pay a lot more than what you could get it for.
2 votes Thank Flag Link Wed May 14, 2008
What was the contingency you missed?
Where is the property?
Have they already rented it?
Let me know, depending on your answers you may still have a chance!
0 votes Thank Flag Link Sat May 24, 2008
I would have your buyers agent stay in touch with the other agent. The real question is why in todays market would they take the house off the market if they had contract. I would recommend to keep looking for another home.
0 votes Thank Flag Link Wed May 14, 2008
If they have entered into a lease agreement they are required to honor said lease agreement unless they buy out the tenants lease prior to lease expiration. What do you think about offering more to the seller in hopes of chaging sellers mind to sell with a appraisal contingency attached.
Web Reference: http://www.calvinholt.com
0 votes Thank Flag Link Wed May 14, 2008
Have an agent call the owner to see if they would consider selling the home.
0 votes Thank Flag Link Wed May 14, 2008
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