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05-31-2015 , 10:44 AM
Was the deal still conditional on financing? If it was firm you can make them pay for the extra time or put the house back on the market and sue them for any shortfall on the next sale+any time/expenses with reselling. Your agent should be telling you your options.
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05-31-2015 , 10:57 AM
The bank probably said it was worth less than the contract
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05-31-2015 , 12:59 PM
Yea but that's not the sellers problem in a firm contract. The buyer will have to come up with the difference in cash/alternate funds or be sued by the seller for breach. There's always someone willing to lend you the money with ****ty terms.
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05-31-2015 , 01:07 PM
Quote:
Originally Posted by GooseHinson
Yea but that's not the sellers problem in a firm contract.
I doubt there wasn't an appraisal contingency.
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05-31-2015 , 01:17 PM
Quote:
Originally Posted by Doc T River
I am not talking about a double vanity. I am talking about a single vanity with dual sinks.

Not including where the tub is, the bathroom is 5'x8'. We went to Ikea and found a dual sink vanity that is 48". If we put the new vanity starting from the same position as the current one, it would stop about 14" from the toilet. Too close?
If you've got a tub in the bathroom, it's not thsmall powder ro om I'm thinking about when i hear downstairs bathroom... That being said, 14" from the front of the toilet to another fixture is really tight - still got any packing boxes lying around? Put one where the vanity would end and try using the toilet.
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05-31-2015 , 02:25 PM
I took it to mean 14" from the side of the toilet. 14" from the front of the toilet is way too close.

I think 14" will cover code and has to be fine as there can't be more room than that in a powder room. I'd also recommend putting a box or something to get a feel for the space and see if you like it.
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05-31-2015 , 03:34 PM
Quote:
Originally Posted by Didace
I doubt there wasn't an appraisal contingency.
Yeah there was one but the appraisal amount isn't the problem. Haven't gotten the results yet but I'm confident it will appraise at the sale price or higher. The problem is that they waited until 10 days before closing to have the appraisal, and now they want 2 more weeks to finalize their loan. My concern is that they will keep pushing the date back because they seem to be very slow-moving in general.
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05-31-2015 , 04:48 PM
Quote:
Originally Posted by revots33
Yeah there was one but the appraisal amount isn't the problem. Haven't gotten the results yet but I'm confident it will appraise at the sale price or higher. The problem is that they waited until 10 days before closing to have the appraisal, and now they want 2 more weeks to finalize their loan. My concern is that they will keep pushing the date back because they seem to be very slow-moving in general.

If you tell these people to go pound sand it will still take another 60 days or whatever to get the next deal closed anyway so you have to weigh if it is worth it to ditch these buyers and start the whole process over again or if it is better just to deal with the delay.

The last house I bought, my incompetent bank delayed the closing by a few days and I still didnt receive final approval for the mortgage until the morning of the new closing date. In my case the bank barely touched the file until the long delayed appraisal came through and then began requesting documents which they had already received weeks earlier. And at that point it was too late for me to fire the bank.

Seller had a lot of RE experience and had some sympathy and granted the extension with no per diem fines etc etc.
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05-31-2015 , 05:34 PM
Quote:
Originally Posted by revots33
They had the inspection right away. The appraisal is what took forever. I guess the appraisal is done by the bank, so either the bank was very slow to schedule it, or else the buyers spent a long time shopping for a bank.
I meant appraisel, but typed inspection.
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05-31-2015 , 05:43 PM
Quote:
Originally Posted by BrookTrout
If you've got a tub in the bathroom, it's not thsmall powder ro om I'm thinking about when i hear downstairs bathroom... That being said, 14" from the front of the toilet to another fixture is really tight - still got any packing boxes lying around? Put one where the vanity would end and try using the toilet.
I did not say downstairs bath. I said hall bathroom. Fact is, we have a ranch so we don't have a downstairs even. Well, other than the basement.

Quote:
Originally Posted by Randall Stevens
I took it to mean 14" from the side of the toilet. 14" from the front of the toilet is way too close.

I think 14" will cover code and has to be fine as there can't be more room than that in a powder room. I'd also recommend putting a box or something to get a feel for the space and see if you like it.
Yes, it is fourteen inches from the side. The wife and I really appreciated you both suggesting the box idea.

I just thought if we had the grandchildren over and they needed to wash up for supper, more than one at a time could use the sink.
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05-31-2015 , 09:05 PM
I googled and code seems to be fifteen inches....

Spoiler:
from the center of the toilet to the vanity.
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06-01-2015 , 02:27 PM
Quote:
Originally Posted by Doc T River
I googled and code seems to be fifteen inches....

Spoiler:
from the center of the toilet to the vanity.
yeah, code is 15" to center of toilet on vanity side, 18" on tub/shower side. One thing you need to watch is you wont have any top drawers with 2 sinks in such a small vanity. Usually 5'-0" is the smallest you want to go with 2 sinks.
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06-01-2015 , 08:29 PM
Quote:
Originally Posted by Bode-ist
yeah, code is 15" to center of toilet on vanity side, 18" on tub/shower side. One thing you need to watch is you wont have any top drawers with 2 sinks in such a small vanity. Usually 5'-0" is the smallest you want to go with 2 sinks.
The one I found online is four feet. The one at Ikea was four feet, seven inches.

Last edited by Doc T River; 06-01-2015 at 08:36 PM.
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06-03-2015 , 10:54 PM
The home we walked from is under contract for the second time since we walked.

If it is sold, I am tempted to write a letter asking the new owners if the sellers fixed xyz.
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06-04-2015 , 02:17 PM
Quote:
Originally Posted by Doc T River
If it is sold, I am tempted to write a letter asking the new owners if the sellers fixed xyz.
Wtf this is none of your business. If the answer was no would you enjoy telling them how screwed you think they got on their new purchase?
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06-04-2015 , 03:04 PM
Quote:
Originally Posted by rageotones
Wtf this is none of your business. If the answer was no would you enjoy telling them how screwed you think they got on their new purchase?
Imagine you buy a used car, someone sees you driving around, and they know the car was supposed to have been destroyed. Wouldn't you like to know?
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06-04-2015 , 04:40 PM
Quote:
Originally Posted by Doc T River
Imagine you buy a used car, someone sees you driving around, and they know the car was supposed to have been destroyed. Wouldn't you like to know?
Of course there is no way they would ever figure this out for themselves if not for your neighborly intervention.
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06-04-2015 , 07:31 PM
Uhhh, I have a home...tis good
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06-04-2015 , 08:50 PM
Quote:
Originally Posted by Tom Ames
Of course there is no way they would ever figure this out for themselves if not for your neighborly intervention.
If it sells, they might not have.
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06-04-2015 , 10:29 PM
lol, bahbah,

When you did your expert comparables analysis that obviously was superior to that provided by your agent, did you actually do any adjustment from the comparables to take into account that your roof leaks and soon needs replacement, and that your HVAC is out of date and needs replacement?

Too funny how arrogant you've been in this process and thread, and now how indignant about :gasp: buyers wanting concessions, or to not buy, when they inspect and find your roof is a piece of crap as is your HVAC.
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06-05-2015 , 12:14 AM
Quote:
Originally Posted by citanul
lol, bahbah,

When you did your expert comparables analysis that obviously was superior to that provided by your agent, did you actually do any adjustment from the comparables to take into account that your roof leaks and soon needs replacement, and that your HVAC is out of date and needs replacement?

Too funny how arrogant you've been in this process and thread, and now how indignant about :gasp: buyers wanting concessions, or to not buy, when they inspect and find your roof is a piece of crap as is your HVAC.
Thank you for your feedback. As I said earlier, I know my agent has more experience and is better than I am at looking at comparables. However, I know an agent has incentive to sell the house quick and to get a high price where my incentives are valued very different since I value a high price far above selling quick. All things equal selling the house a month or two after we list it sounds better than selling it in 4 days like we did since I still haven't found a house to buy (remember my cost of living associated with owning a home will likely more than triple when I move to another house).

Of course I took into account the old roof, windows, and hvac when coming to the decision to list higher than my agent suggested. I also took into account the bathrooms and deck that are better than most houses in our range.

Not sure how I've come off as arrogant in my posting. I am confident my house is worth more than their original suggestion and I believe they would agree with that now.
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06-05-2015 , 12:17 AM
Quote:
Originally Posted by Doc T River
Imagine you buy a used car, someone sees you driving around, and they know the car was supposed to have been destroyed. Wouldn't you like to know?
this is a terrible analogy unless the house is supposed to be destroyed.
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06-05-2015 , 06:19 AM
Yeah....Doc, you're way off base here imo.
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06-05-2015 , 07:42 AM
Quote:
Originally Posted by rageotones
this is a terrible analogy unless the house is supposed to be destroyed.
Perhaps the house should have been a gut job or a tear down.

Last edited by Doc T River; 06-05-2015 at 07:43 AM. Reason: thus my analogy is valid.
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06-05-2015 , 01:38 PM
Quote:
Originally Posted by Doc T River
The one I found online is four feet. The one at Ikea was four feet, seven inches.
i'm not saying that you cant find a double vanity less than 5'-0". I'm saying that those will be very tight to use at the same time and usually anything under that width wont have usable drawers. Either blank drawer fronts or none at all.
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