All Forum Posts by: Melanie D Melton
Melanie D Melton has started 2 posts and replied 4 times.
Post: Update on for sale by owner

- Posts 4
- Votes 1
Closing was rescheduled for this Friday. Apparently seller was super stressed about moving and had nobody to help them with it so they needed more time. Wish they would've just said that from the beginning. Sheesh. They also agreed to a final walkthrough. We have to redo all of the paperwork just to reflect the few days of delay. This is a first for everyone and I hope the last but probably not lol. I'll update when we FINALLY have the keys to our home.
Post: Update on for sale by owner

- Posts 4
- Votes 1
My husband and I just got back from our closing appointment. The seller was a no show. The title company called her and she stated she needed more time to move. When pressed to give a date, she evaded the question. Just contacted a real estate attorney to check our options. What a mess.
Post: For sale by owner, seller wants to back out

- Posts 4
- Votes 1
Thank you all for your advice. We are moving forward with signing our mortgage papers on Monday morning with closing that afternoon. I'll post an update of how it goes.
Post: For sale by owner, seller wants to back out

- Posts 4
- Votes 1
Hi, We live in Southern Illinois and we found a house on the fb marketplace that was for sale by owner. We viewed the home, made an offer for asking price, they accepted, and we signed a standard real estate purchase agreement. Our closing date is this Monday and after calling to arrange an agreed upon final walkthrough, the seller became very rude and went on a rant about what a good deal we got and they knew it must have appraised way more than asking price and threatened to back out. We waived an inspection but our lender of course had an appraisal performed. We did get a pretty good deal but to me that's beside the point. After reading and rereading our contract, it states mandatory mediation is required before going to court. The cost is split between the two. I feel this is our last chance at owning a home. We, like many others, are being priced out of the housing market with the low inventory, sky high prices and rising interest rates. The phone call ended with the seller stating they needed 1 more day to get their belongings moved. We are supposed to sign our mortgage papers Monday morning. We have no idea what to do here!