Well I'm trying to be positive here but here is a good one. I've been searching for my daughter and her boyfriend a home for he is a first time home buyer. We looked for 6 weeks we finally find a home that he fell in love with. But guess what, a foreclosure full of mold, leaking roof and a few other things. Home is 4 years old and a heck of a deal. I've sold Real Estate for 10 years so I knew this would not pass for a first time home buyer loan and there were multiple offers.My husband and I decided to put a cash offer on it. we really wanted them to get this home. We put a full price on it 120,000.00. Offer was accepted 2 weeks ago. I'm closing on it next week and in turn will sell it to them for the price I paid so they can take advantage of the tax credits. Today I get an email from the listing agent. The company is assetlink's a gal says that works there says I will not recieve any commission because I'm the buyer.
I told the listing agent which it's not her fault I was using that money to buy them appliances. They are first time home buyers they have no money! And why am I just finding out now! I told Sharon the listing agent, are they going to reduce the price now since their not paying me commission?
So does anyone have any suggestions?
Thanks in advance!
Geri
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