| > but it was never written down in any treaty Had a good friend from way back and former business partner offer to sell me his house last month, we never did have an official contract. In fact, we were supposed to go under contract on Monday but then he punted on it wanting to wait until ours was sold. The story kept changing and changing on us... - For Sale @ $PRICE, R/E Agent Friend Waiving his 2.5% Fee The wife and I eloped on our summer wedding, spent several thousand to have our condo squared away for sale, brought on the sale agent, and have an open-house this weekend. - For Sale @ $PRICE, FSBO, As-Is with Minor Issues (Old Fence, Old Carpet, Standard "5 Kids and 15 Years" Cosmetics) At this point we were fine, although I was a bit miffed because I had to go back and inform our agent that he would no longer be doing a buy-side. - For Sale @ $PRICE, FSBO, As-Is with Major Issues (New Roof, New HVAC, & Above Items) There was no new information made, no home inspection done - these were all issues known to the seller who repeatedly changed his stories on wants and needs for the sale of the home. Now at no point did we have a formal contract, but we went through great pains on our side to work with a friend we felt was going to be acting earnestly and in good faith towards a better world for us both. Turns out one of us wasn't intent on doing the right thing regardless of what is technically allowed per the rules of the game. Just because there isn't a piece of paper, that doesn't make it right. |