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Sat May 25, 2019, 10:42 AM

Morning coffee and negotiations with Chinese investors

Venting. I looked them up. One is a tech guy from Ga. Tech and the other is a real estate guy. Investment property.

So we put in a bid for a house yesterday. $4k below list (itís been dropping $5k a week since April) and cover our closing costs. Underpants is cheap - I check toll booths for change.

They counter this morning by upping the price by 4 $1k off closing and no warranty (which is standard round here). We go back with -4 on price and lose 2 on closing. First time weíve done this but my wife negotiates contracts for a living.

See, this is why God made REM .... and vodka <ó- thatís later right now itís straight coffee.
Blasting early REM and some Foo Fighters. Ugh!!!!

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Reply Morning coffee and negotiations with Chinese investors (Original post)
underpants May 2019 OP
Lars39 May 2019 #1

Response to underpants (Original post)

Sat May 25, 2019, 01:33 PM

1. They swarmed our neighborhood a few years ago.

We wound up in a bidding war. Got the house by offering to pay all closing costs.

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