We have an accepted offer and now you want to see if you can get different terms for your buyer? Really?? This is what happened a few days ago - you tell me what you think:
A Buyer’s Agent brought an offer on one of our foreclosure listings . After negotiating with the seller we came to terms and I sent the required addenda over to the Buyer’s Agent for his client’s signature. When he returned the package to me he had changed several key elements of the contract (amount of earnest money deposit, closing date, etc). He also sent a note which said “I’m sure there won’t be any problems with the changes, right?”
WRONG!!! The parties agreed to specific terms and, if you want to change those terms, then we have to start over again. Which means I change the status of the listing back to ACTIVE and, while you’re trying to “help” your buyer, she may lose the house altogether. That’s certainly ok with me but you might want to check with your client. Needless to say it didn’t take him long to remove his changes and resubmit documents with the terms that had been agreed upon.
One has to wonder how he explained that to his client!