When you place an ad, you generally don't know exactly what the weather will be during the open house. If it's cloudy or barely raining, you'll probably have decent traffic and if it pours, no one will come in. Surprisingly, open house traffic can also be slow when you've had some days of fair to bad weather and then you have a beautiful day. Everyone gets busy in their yard or doing things with their family and you won't see so many at your open house. - Thu Apr 24 2008, 15:10
In Kansas City, our contracts state that, pursuant to inspections, the buyer may renegotiate by notifying the Seller in writing within the inspection period, identifying the Unacceptable Conditions. Buyer's submission of the offer to renegotiate terminates the inspection period AND must be accompanied by the applicable written inspection report in its entirety from an independent qualified inspector.
Is sounds as though this buyer has come to the conclusion that she could use an extra $2500, no matter what the inspection said. Her request for the money needs to be supported by the results of the inspection. If you and she have different ideas about how certain things on the report can be fixed, she may still have a valid reason to expect a credit. You should review your contract to see exactly what it says and ask her to comply with it. If she still holds out, then you need to decide whether it's worth it to you to allow a credit to her closing costs, or whatever, just to keep the contract together. - Wed Apr 23 2008, 20:47
The Kansas City Regional Association of Realtors is promoting a web site to help buyers find loan programs to fit their needs. You might want to check it out at: www.KCHomePrograms.com. If you can come up with about $5000 or more, your best bet is probably an FHA loan with 3% down. Sometimes sellers will assist with closing costs. Many lenders are qualified to provide FHA financing for you. - Thu Apr 17 2008, 18:13
There are many good school districts in the Kansas City area. You may enjoy comparing schools on a website, www.schoolmatters.com. - Thu Apr 17 2008, 06:25
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.