Advice on last minute amendments
Advice needed in Wisconsinite:
Home scheduled to close on Friday. Well inspection done this morning, but per contract was supposed to be done 3 weeks ago, buyers responsibility. Buyers agent now has a list of repairs and a reworking of the shared well agreement (not to mention a shared driveway agreement the bank now needs at 3:30pm). The sellers sold home for 192,000 from a list of 204,000 and have spent about 8,000 in requested repairs from inspection. They have no more money to pay for any more repairs. And to top it off, the buyers changed their financing to rural development from conventional, without informing me.
I've suggested making the repairs and raising the purchase price to cover the cost. The sellers say they have no money to do that. I've already cut my commission. Could the sellers force the buyers to get conventional financing? Any other creative suggestions? It's hard standing in the sellers kitchen watching one of them cry.
Thanks.