Ask your agent to call the site and urge correction of any errors you discover.
The real estate websites are aggregators, they pull data from all over the place, lots of it wrong, and it would be a full-time job just to watch over them. However, I have phoned aggregator sites and successfully obtained edits that benefited my clients. Brokerages buy ads on these websites, and therefore they tend to listen to agents.
Karla Harby
Lic. Real Estate Salesperson
Charles Rutenberg LLC
Manhattan
212-688-1000 x146
kharby@crrnyc.com... more
Why alert anyone about the bathroom beforehand and possibly give a potential buyer(s) a second thought--if the property shows well, just let the potential buyer(s) and draw their own conclusions/determination as to the bathroom--allow them to tour the property at their own pace without alerting to the building plans for the potential second bath--only show the plans when and if asked.... more
To perform due diligence, the buyer agent should have asked for a copy of the pre-qual letter prior to showing property to them. If they had not been pre-qual'd they should have sent them to or at least had them discuss with a lender over the phone prior to shoing property. They can get at least a general idea of what that person's reality is.
At this point you can decline the extension and put back on the market as available rather than the pending status it has now. In my opinion poor credit is poor credit and lenders dont very alot in the numbers they require.
I personally would decline the extension and move on so you dont lose any other potential buyers. I would also suggest your agent put in the agent remarks on the mls listing that buyers need to submit a pre-qual letter or verification of funds with offer to keep this from happening to you again. That way if they dont have it they can get it before taking you out of the game while things get addressed with lenders. You may lose a couple of people who would have looked at your home, but if that is the reason why it is not such a bad thing really, is it?... more
Dear Interested Top Dog:
This home is in a beautiful Sands Point neighborhood and you are right, it is in a quiet area and it was in excellent condition. There are deals to be had and they are there for various reasons. Most homes that go on the market do end up having to reduce their price tag. It is still a buyers' market out there. Inventory is still high and the 1+Million dollar homes have been hit the hardest. Many homes are one of a kind and it is sometimes difficult to price them just right. Days on market have gone up too. If it is priced to sell in this market...it will sell. BUT, I have had to sell some of my listings 2 & 3 times...first the buyer loses his job, then the next buyer was preapproved for a mortgage 2 months ago...we agree on a price for the home only to find out the bank has changed their criteria and now the buyer cannot get a mortgage. These are unsettleing times with high unemployment and nervous banks because of all the foreclosures coming.
So, Mr. Interested Dog...If you want to go over the inventory and find some great buys...please call the office 516-883-7780 x 218
Sincerely, Edith E. Katz... more