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Old 09-19-2025, 08:57 AM   #36701
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Why do people offer on houses they can’t complete. Like why wouldn’t you have all your ducks in a row before making the biggest purchase in your life. These people scare me.
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Old 09-19-2025, 09:04 AM   #36702
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I would actually be so embarrassed id be ready to harakiri myself.
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Old 09-19-2025, 09:04 AM   #36703
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Why do people offer on houses they can’t complete. Like why wouldn’t you have all your ducks in a row before making the biggest purchase in your life. These people scare me.
Yeah. Creates a whole chain of issues. Lucky we're risk-averse and left ourselves a healthy buffer.
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Old 09-19-2025, 09:06 AM   #36704
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Why didn't you pursue the deal, can't you walk away with their deposit now.

Cactus club bro, how else are Realtors gonna eat if they don't put an offer in.
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Old 09-19-2025, 09:08 AM   #36705
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What kind of idiots are these ? I’m thinking some slack jawed yoko from the valley moving to DA BIG city and don’t know how anything works.

You could have sued them for completion and these hilly billys would have been fucked.
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Old 09-19-2025, 09:08 AM   #36706
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Devil's advocate here but it's possible that life events took a turn for the worse and they could no longer afford to complete (eg. job loss, illness, etc)
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Old 09-19-2025, 09:10 AM   #36707
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If you’re teetering on job loss, there are signs man. You wouldn’t fucking offer on houses.
Medical emergency maybe, but you have mortgage insurance for that.

Anyways none of this shit makes any sense.
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Old 09-19-2025, 09:22 AM   #36708
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Devil's advocate here but it's possible that life events took a turn for the worse and they could no longer afford to complete (eg. job loss, illness, etc)
That's possible - in my parents case one time, the 'buyer' straight up passed away a day after they accepted the offer and deposit
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Old 09-19-2025, 09:26 AM   #36709
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Why didn't you pursue the deal, can't you walk away with their deposit now.

Cactus club bro, how else are Realtors gonna eat if they don't put an offer in.
They released their deposit to me, in exchange for mutual termination of the deal.

They are still likely on the hook for the deposit even if I didn’t mutually terminate the contract, and likely for more… IE carrying costs and difference if sold lower. But I think it’s a fair trade for me not having to go to court for the deposit released and now I can sell a bit lower with the deposit amount to make me whole.
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Old 09-19-2025, 09:28 AM   #36710
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If you’re teetering on job loss, there are signs man. You wouldn’t fucking offer on houses.
Medical emergency maybe, but you have mortgage insurance for that.

Anyways none of this shit makes any sense.
You buy mortgage insurance??
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Old 09-19-2025, 09:51 AM   #36711
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Oh I was under the impression you gave the deposit back. That makes sense then.
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Old 09-19-2025, 09:58 AM   #36712
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Devil's advocate here but it's possible that life events took a turn for the worse and they could no longer afford to complete (eg. job loss, illness, etc)
Their purchase was dependent on sale of their home (this was not a condition of the contract). Presumably they couldn't sell at a price that made the financing work for them.
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Old 09-19-2025, 10:28 AM   #36713
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Their purchase was dependent on sale of their home (this was not a condition of the contract). Presumably they couldn't sell at a price that made the financing work for them.
It is very strange that they didn't include the sale of their home as part of the conditions on the contract with you. I certainly would have included that in, even if it meant hurting my chances to be picked as the buyer.
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Old 09-19-2025, 10:39 AM   #36714
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Realtor probably told them no chance the offer would be accepted with subject to sale, which is likely, but clearly didn’t give them a proper analysis of market conditions for a reasonable price.
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Old 09-19-2025, 12:42 PM   #36715
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You buy mortgage insurance??
wtf is a mortgage? ive never had one of those.
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Old 09-19-2025, 06:35 PM   #36716
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^^ you mean you don't finance your house with your hum ga cousins? How dare you
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Old 09-21-2025, 08:10 PM   #36717
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Why do people offer on houses they can’t complete. Like why wouldn’t you have all your ducks in a row before making the biggest purchase in your life. These people scare me.
well there are a few things.. and during the booming years.. there were realtors who were shit. They keep asking people to make an offer without the decency / heart / conscience if they can complete. Hey, when people make offer, they will find a way. Not my business... blah balh blah.

So during the boom when things were easy, no one cared. Parent bail them out etc. I'm just here to up my odds on making commission.

Nowadays, realtors don't even care. Just call me when you're ready type mentality. So they just click clicky click click and just ask people to sign.
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Old 09-21-2025, 10:47 PM   #36718
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Don't worry bro, I got my buddy who can get you approved, isn't that what those illegal brokers are for.
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Old 09-22-2025, 06:59 PM   #36719
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Why do people offer on houses they can’t complete. Like why wouldn’t you have all your ducks in a row before making the biggest purchase in your life. These people scare me.
Back when a relative of mine worked at a bank they said loads of people would screw it up partway through the process. They'd get approved for X amount, then go finance a truck, then go put an offer on a place based on a mortgage of X, only to go back to the bank and be shocked they now couldn't get a loan for as much.
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Old 09-23-2025, 05:15 AM   #36720
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Most of these guys probably still come on and read shit on a regular basis, they just don't shit post like we do until something really hits a nerve.
I don't know what you are talking about.

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Old 09-23-2025, 08:24 AM   #36721
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Back when a relative of mine worked at a bank they said loads of people would screw it up partway through the process. They'd get approved for X amount, then go finance a truck, then go put an offer on a place based on a mortgage of X, only to go back to the bank and be shocked they now couldn't get a loan for as much.
it's like people think they can fool a bank
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Old 09-23-2025, 08:48 AM   #36722
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well there is a gap of a few days that your mortgage won't show in your credit report and funds release date
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Old 09-23-2025, 10:29 AM   #36723
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Trick is to get approved at multiple lenders and fund on the same day
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