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27. Jim McLaughlin Jan 13, 12:33 pm

"I'd tell the prospective buyer who made the offer that there will be
zero
repairs for her, and that she can take the house "as is" or take a
hike. "

Another man of principle, that would let a deal that's in the bag go
down the drain and start all over with a new buyer, who's very likley
gonna find the same obvious and legitimate items. You couldn't even
get a CO in most places for this house if the town inspector knew there
were leaking drain pipes, water pipes, electrical junctions exposed,
etc.

You must be in a different reality than the rest of us --

Deal is not in the bag. Foundation work is $ 4 - 8 K according to OP. OP
has stated that he's not going to do that.


Only "evidence" of water supply line leak, exposed junctions (which may or
may no exist) ,drain leaks and toilet wax ring and seal problems is from an
"inspector" hired by a potential buyer who has already demonstrated a
propensity to play "games".

Potential buyer called the seller's real estate agent to fish for what is
supposed o be confidential information, showed up with a son as her "agent"
when she viewed the house, and whom she expects the seller's agent to kick
back half the 7% commission to, etc.

In the circumstances, I'd give zero credence to the potenial buyer's
inspection report.



"If the prospective buyer takes a hike, I'd make all the repairs
except the
foundation stuff (all of it except the foundation stuff is "Harry
Homeowner"
stuff), and add the cost of repair plus 20% of the repair cost to the
asking
price, and re list the house at the higher price. "

That's swell, but the price of the house is gonna be set by the free
market, not what it cost you to do repairs now that should have been
done a long time ago. Raising the asking price while the seller has
another house they are buying on contigency doesn't sound like a very
good idea to me.


Again, no evidence that the repairs are actually needed.

"Start all over" ? This offer came within 6 days of putting house on
market. Getting offers in that area is apparently no big deal.

Actual final sale price will be set by he market. The maket is bigger than
one offer.

An asking price is set by the seller.

It isn't an actual final sale price.

You seem to be confabulating the two.

Asking price is an asking price, no more no less. Raising the asking price
after firing the damn fool seller's real estate agent is no big deal.
Provides seller with a little more "wiggle" or negotiating room.

YMMV, but it ain't your house, bub.

--
Jim McLaughlin

Reply address is deliberately munged.
If you really need to reply directly, try:
jimdotmclaughlinatcomcastdotcom

And you know it is a dotnet not a dotcom
address.