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re: What will the flood do to the housing market here?

Posted on 8/15/16 at 12:08 am to
Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 8/15/16 at 12:08 am to
My house is supposed to close tomorrow, and with all the rain my house is perfectly fine.

The buyer had funding issues and we had to push the close back until Monday, but it was at my discretion.....should I back out? She already was offering me 6% over asking....but will my house be even more now?

2bd/1ba in Ascension(no flood zone)
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 8/15/16 at 2:16 am to
1 in the hand is worth more than 2 in the bush.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16972 posts
Posted on 8/15/16 at 7:54 am to
quote:

should I back out?


Put yourself in her shoes, maybe you can find then answer.
Posted by TigerDeBaiter
Member since Dec 2010
10274 posts
Posted on 8/15/16 at 9:49 am to
quote:

My house is supposed to close tomorrow, and with all the rain my house is perfectly fine.

The buyer had funding issues and we had to push the close back until Monday, but it was at my discretion.....should I back out? She already was offering me 6% over asking....but will my house be even more now?

2bd/1ba in Ascension(no flood zone)


Some people...



Don't be a piece of shite.
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6552 posts
Posted on 8/15/16 at 11:16 am to
I love the "no flood zone" shite. Zone X is a flood zone, dipshit. It's just the least likely, statistically speaking, to flood.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37235 posts
Posted on 8/15/16 at 11:38 am to
quote:

The buyer had funding issues and we had to push the close back until Monday, but it was at my discretion.....should I back out? She already was offering me 6% over asking....but will my house be even more now?


If you granted the extension, how can you back out?

Do you want to go through the whole exercise again of listing the house, finding a buyer, etc etc?
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8431 posts
Posted on 8/17/16 at 10:10 am to
We bought our house under a similar situation during Katrina. Would be a total dick move. Karma would be a real bitch. I don't know if they'd have any legal course of action.
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