Carwhore Posted December 28, 2011 Report Share Posted December 28, 2011 (edited) I made a thread not to long ago about dealing with a realtor. He's arrogant and didn't look out for my best interest. He wanted a quick closing the entire time and because of that I had an appraisal done on the property.The appraisal was completed after the inspection. The inspection turned up that the roof was SHOT! I wanted to renegotiate the contract and have them (fannie mae) fix the roof, basically adjust the price. Well i told him not to let the appraiser go to the property and called my bank. Well some how he made it there. I've been in contract with this house for 29 days, and it's been 16 days since the inspection was completed. I still have yet to hear back if they are going to fix the roof. Basically I'm walking away from the house. I feel as the realtor pressed me into getting the appraisal done asap, without taking the inspection into consideration. I've talked to a lot of people since (realtors as well) and everyone is telling me he should of not had me order the appraisal until we know if they will accept our terms to get the roof fixed.Can I take him to small claims court and get the money back? The appraisal was $350. Edited January 18, 2012 by Carwhore Quote Link to comment Share on other sites More sharing options...
mrmako777 Posted December 28, 2011 Report Share Posted December 28, 2011 small claims will likely cost you more than the money youve spent already. chalk it up as a loss Quote Link to comment Share on other sites More sharing options...
mello dude Posted December 28, 2011 Report Share Posted December 28, 2011 (edited) Dunno specifics of your situation, but there's magic phase that should have been in your contract --- its - "subject to" --- Its for putting conditions that you demand to before you will perform a successful transaction. -- So the whole deal may come down to what it says in your contract. You may have the right to sue the realtor or... the realtor or owners of the house may have the right to sue you for breach. (not that they will)(I take it you were trying to buy the house, not sell it?) Oh yeah, ---- realtors by contract with the owner of the property, has the primary duty to look out for the owners interest, not any buyer interest at all.... It's sort of like a lawyer/client situation. Edited December 28, 2011 by mello dude Quote Link to comment Share on other sites More sharing options...
Pokey Posted December 28, 2011 Report Share Posted December 28, 2011 Call "6 on your side"!!!!! Quote Link to comment Share on other sites More sharing options...
serpentracer Posted December 28, 2011 Report Share Posted December 28, 2011 pay a crack head $10 to walk up to the guy and punch him in the face.$10 to a crack head is big money. Quote Link to comment Share on other sites More sharing options...
jagr Posted December 28, 2011 Report Share Posted December 28, 2011 Filing a small claim suit costs $25. The rest will be your time. If you feel you have a case go for it. Worst case your out $25 more. Quote Link to comment Share on other sites More sharing options...
jporter12 Posted December 29, 2011 Report Share Posted December 29, 2011 Oh yeah, ---- realtors by contract with the owner of the property, has the primary duty to look out for the owners interest, not any buyer interest at all.... It's sort of like a lawyer/client situation.Unless the Realtor that he's talking about is representing him as a buyer's agent... Quote Link to comment Share on other sites More sharing options...
mello dude Posted December 29, 2011 Report Share Posted December 29, 2011 Unless the Realtor that he's talking about is representing him as a buyer's agent...-- True --- Quote Link to comment Share on other sites More sharing options...
jblosser Posted December 29, 2011 Report Share Posted December 29, 2011 Fannie Mae isn't going to fix anything for you.The bank that's negotiating for Fannie may take a while to get back to you on your bid.IF you're getting the house at a great discount to market price, and the only thing it needs is a roof, why drop the whole deal? Even adding in the cost of the roof, it's still a great deal, is it not?I wouldn't waste my time suing the Realtor.My $0.022 worth, it's your money, and you have to feel comfortable. Quote Link to comment Share on other sites More sharing options...
Carwhore Posted December 29, 2011 Author Report Share Posted December 29, 2011 It was my realtor not the sellers. I've waited since December 12 to find out if they were going to discount the price for the cost of the roof. To this day I have not heard anything. Not even a no. Quote Link to comment Share on other sites More sharing options...
madcat6183 Posted December 29, 2011 Report Share Posted December 29, 2011 Fire your Realtor due to negligence. If he is ignoring you, you have every right to fire them and go with someone else. I don't think small claims court will be worth it in the long run BUT a few phone calls to BBB, and some licensing agencies having to do with Realtor's sure as shit will get a response. They have to be in good standing to keep their licensing. Quote Link to comment Share on other sites More sharing options...
ohdaho Posted December 29, 2011 Report Share Posted December 29, 2011 Wasn't this a foreclosure property? My perception was that banks were always slow to respond to anything that was a foreclosure Quote Link to comment Share on other sites More sharing options...
granda080 Posted December 29, 2011 Report Share Posted December 29, 2011 Out of curiosity I called a realtor about a house I drive by every day. It is a foreclosure. The realtor said that most all foreclosure properties have a zero amenities. Meaning they will not fix or lower the price, basically an "As-Is" sale. Quote Link to comment Share on other sites More sharing options...
crb Posted December 29, 2011 Report Share Posted December 29, 2011 We fired the first realtor we had last time we bought a house. She definitely wasn't 100% on our side. She wanted us to just pay more than we wanted to. The second realtor was awesome! She was on our side the entire time, even went the extra step. We tried to buy a home that was a short sale, what a nightmare, the banks are a PITA! We really wanted the house even waited beyond contract offer time to hear yes or no. A good realtor makes the process much better. I bet we looked at almost 40 houses, she was very patient. Fire your realtor and find one that will work for you. I highly doubt they will adjust the price if its below market. Quote Link to comment Share on other sites More sharing options...
attentiongetter92 Posted December 29, 2011 Report Share Posted December 29, 2011 If your in the Columbus area pm me, my moms a realtor and no one has fired her yet lol. Quote Link to comment Share on other sites More sharing options...
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