Shop Quest - Best and Final [updated]

"Akio Ohtori - RIP Oppo" (akioohtori)
02/06/2019 at 10:55 • Filed to: shop quest, TQ HQ

Message from the seller’s realtor is the top (what professional texts like that!?) and my realtor’s message is below that. My response is the weird purple blue thing.

Another property down. The seller declined the final offer this morning. O riginal post continues below.

[Feb 5th, 2019 @ 10PM]

Well I did everything I thought was reasonable. The rest is up to the sellers. I just submitted my “best and final” offer. Take it or leave it.

To catch you up, I submitted an offer last week, they countered, I countered the counter, then they declined my counter without throwing out a new number. My final offer today was $30,000. Anything more than that and I feel like I’m going to be completely underwater when this is all done.

I’m inclined to think they’re going to pass, but... you never know.

Peugeot 402, for your time.

DISCUSSION (42)

shop-teacher > Akio Ohtori - RIP Oppo
02/05/2019 at 22:45

Good luck!

WilliamsSW > Akio Ohtori - RIP Oppo
02/05/2019 at 23:16

Sounds like that’s a fair price from your previous post. Hope they realize it. Good luck!

Chariotoflove > Akio Ohtori - RIP Oppo
02/05/2019 at 23:22

Fingers crossed.

pip bip - choose Corrour > Akio Ohtori - RIP Oppo
02/06/2019 at 02:54

good luck

davesaddiction @ opposite-lock.com > Akio Ohtori - RIP Oppo
02/06/2019 at 09:29

I have no idea whether this is a good decision or not, but if you get it, I’m really looking forward to seeing & reading about your progress on tearing it all down and building your shop, so... hope they take it! =)

facw > Akio Ohtori - RIP Oppo
02/06/2019 at 11:00

Disappointing, but you’re right not to overpay, especially for a luxury like this. Keep at it, I’m sure you’ll find something decent eventually.

MasterMario - Keeper of the V8s > Akio Ohtori - RIP Oppo
02/06/2019 at 11:00

The “I know what I have” seller does not just apply to cars.

After over a year on the market you’d think they’d realize that maybe...just maybe their price is too high. Honestly it probably would have been better to start at $15k...offering a higher bid than they had gotten previously just makes them think that they do know what they have even more.

CarsofFortLangley - Oppo Forever > Akio Ohtori - RIP Oppo
02/06/2019 at 11:02

I can't believe you can buy anything for $30K

benjrblant > Akio Ohtori - RIP Oppo
02/06/2019 at 11:04

Listed for 40k, offer of 27k, counter of 33k, and then a counteroffer of 30k and they’re still not accepting? Sounds like they’re being overly hesitant- though demoing existing structures seems like a huge headache. Might have worked in your favor?

Akio Ohtori - RIP Oppo > benjrblant
02/06/2019 at 11:05

You’d think! Keeping in mind it has been for sale for well over a year and I am the only one to have offered over $20k.

Akio Ohtori - RIP Oppo > CarsofFortLangley - Oppo Forever
02/06/2019 at 11:06

Benefits of flyover country.

benjrblant > Akio Ohtori - RIP Oppo
02/06/2019 at 11:06

Not only that, but your offer was 50% better than 20k! That’s nuts. I can’t understand why they wouldn’t accept.

OPPOsaurus WRX > Akio Ohtori - RIP Oppo
02/06/2019 at 11:09

buying property can be the most frustrating experience ever. Both of my experiences were miserable.

MM54 > Akio Ohtori - RIP Oppo
02/06/2019 at 11:09

No lowballers, he knows what he has, I guess.

Akio Ohtori - RIP Oppo > MasterMario - Keeper of the V8s
02/06/2019 at 11:11

Haha true, but on previous dealings I’ve come in so low that the seller refused to acknowledge my subsequent offers. So... once burned, etc etc.

I don’t think anyone is going to offer them better unless the real estate market in Tulsa has a huge rally. Right now it is trending south. Also... I mean... if you have the means to build a house why in the hell would you build it here!? (property is the one with derelict truck, the freeway pictured is the major cross-town expressway .)

Kinja'd!!!

punkgoose17 > Akio Ohtori - RIP Oppo
02/06/2019 at 11:11

I really love the headlights on the Peugeot 402 .

I agree it is the seller’s mistake.

Highlander-Datsuns are Forever > Akio Ohtori - RIP Oppo
02/06/2019 at 11:11

The problem is that used RAM 2500 they have their eyes on costs more than $30k you were offering.

CarsofFortLangley - Oppo Forever > Akio Ohtori - RIP Oppo
02/06/2019 at 11:12

$39,800. Cheapest “home” in Vancouver . You don’t own the land. Just the trailer. Cheapest actual home? $209K for 1 bedroom built in 1974 that looks like being addicted to meth is a pre-req.

Akio Ohtori - RIP Oppo > benjrblant
02/06/2019 at 11:12

Yup. I sincerely hope their realtor drops them haha.

Akio Ohtori - RIP Oppo > punkgoose17
02/06/2019 at 11:13

Right? Would love to own one, but I imagine parts availability is a nightmare, even for someone who is used to other people saying that about his daily drivers haha.

Akio Ohtori - RIP Oppo > OPPOsaurus WRX
02/06/2019 at 11:15

I am beginning to realize that despite the drama with buying my house (seller was literally, not figuratively , crazy) it was actually a very smooth experience . We went from considering buying to under contract in under a month.

facw > benjrblant
02/06/2019 at 11:15

I wonder how much they owe. It would have been worth significantly more before the house fell apart (especially if the inspection didn’t show any signs of an unstable foundation) , so they might be underwater and not willing to accept that. Paying a low mortgage and hoping for the right buyer might seem like a better deal to the seller.

66P1800inpieces > Akio Ohtori - RIP Oppo
02/06/2019 at 11:17

I’m kinda happy for you ( I know I stink) . It’s probably $6-8k to knock down the old structure and what you are putting up seems too nice for the area. That means another hit if you decide to sell. Even if you have to sink that $6-8k into upgrading the utilities on a future property you will probably make out ahead.

Chariotoflove > Akio Ohtori - RIP Oppo
02/06/2019 at 11:18

Onward and upward then!

OPPOsaurus WRX > Akio Ohtori - RIP Oppo
02/06/2019 at 11:23

it took us months both times. The more recent time the people wouldn’ t budge on price. We made various offeres for i think 2 months, even during open houses and other showings. no one else made any offers, just us. finally when it was time to close they were “too busy” I had to close that day because of my buyers. I called up the attorney and basically said we’re fucking closing and they are gunna fucking be there or fuck every body and fuck everything, fuckidy fuck fuck more or less in those words.

Akio Ohtori - RIP Oppo > OPPOsaurus WRX
02/06/2019 at 11:29

Jesus. That makes me fee l... better. I low-balled the pants of my seller, but it had been for sale for 2 years and he wanted to be done with his ex, so he played ball. She, however, hadn’t moved out the day before closing, stormed out of closing four(!?) times, and then showed up to the final walkthrough unannounced, screaming and throwing things.

It was pretty fucked, but we closed a few days afterwards anyway and haven’t had problems since.

Shockingly damage to the house by her was minimal. Some scratches on the floor and she tore up some of the landscaping. Meh. Nothing worth torpedoing the deal.

Akio Ohtori - RIP Oppo > 66P1800inpieces
02/06/2019 at 11:31

Yeah, I was willing to take on some financial risk because it was sooooo cloooose to my hous e. Not quite walking distance, but close! And the neighborhood doesn’t look that bad in person. But yeah... with most houses in the area being about $75k I would have had to keep a hard eye on my pennies. Not my problem anymore I guess!

Akio Ohtori - RIP Oppo > CarsofFortLangley - Oppo Forever
02/06/2019 at 11:34

Looks like the cheapest permanent home (not a trailer) inside city limits that is not condemned or an auction is about $20k. Not uhh... somewhere I’d live but... certainly an option.

Kinja'd!!!

There are a couple in that ballpark but yeah. You have to get into the $50k range before you get into something livable. Go up to $2 00k and you’ve got a lot of good options.

CarsofFortLangley - Oppo Forever > Akio Ohtori - RIP Oppo
02/06/2019 at 11:37

That thing would be minimal $700K. Freehold property mmmmm the dream. I'd buy it

OPPOsaurus WRX > Akio Ohtori - RIP Oppo
02/06/2019 at 11:40

i was so annoyed with the thing, when we started renovating I wanted to send the previ ou s owner a box full of wallpaper scraps we were ripping of the walls. My wife slowly backed away and told me she thought I was losing my mind

Kinja'd!!!

Akio Ohtori - RIP Oppo > OPPOsaurus WRX
02/06/2019 at 11:50

Haha that is excellent. I kept tabs on the previous owner for about four years until she (finally) shutdown her crazy facebook accounts (plural) ... so I guess we all cope in our own ways.

OPPOsaurus WRX > Akio Ohtori - RIP Oppo
02/06/2019 at 12:01

wow, definitely a crazy lady .

we looked at a house and the neighbor came over to warn us that the guy who’s house was being reposed by the bank liked to blow up stuff int he outdoor fire place. yea, we walked from that one.

Future Heap Owner > Akio Ohtori - RIP Oppo
02/06/2019 at 12:07

Booooooo

punkgoose17 > Akio Ohtori - RIP Oppo
02/06/2019 at 12:08

I am sure there is some guy in France who can make everything for this car by hand. We are just not rich, and at least I don’t speak French; I am guessing you don’t either.

Of course that is my dream pick a car and just start making all the parts for it then make reproductions. Maybe I need to learn Japanese.

shop-teacher > OPPOsaurus WRX
02/06/2019 at 12:47

“when we started renovating I wanted to send the previous owner a box full of wallpaper scraps we were ripping of the walls.”

Dude, that would have been amazing. I remember reading what you were going through, and even I was angry.

shop-teacher > Akio Ohtori - RIP Oppo
02/06/2019 at 12:49

Well, that sucks, but maybe it will be for the best.

I had a bank reject my highest and best on a foreclosed 2-bedroom condo back in 2007 ... turned out to be one of the best things that ever happened to me!

OPPOsaurus WRX > shop-teacher
02/06/2019 at 13:03

that and the anonymous letter telling me to mow my lawn....fun times . o ther than the water in t he basement, everything has been going fairly smooth since then

davesaddiction @ opposite-lock.com > Akio Ohtori - RIP Oppo
02/06/2019 at 13:39

Pretty sure you just dodged a huge bullet - ha!

shop-teacher > OPPOsaurus WRX
02/06/2019 at 13:39

Oh yeah, I forgot about that.

Akio Ohtori - RIP Oppo > davesaddiction @ opposite-lock.com
02/06/2019 at 14:53

I don’t feel that way, but I do think not going any further was wise. I knew what I was getting in to and was willing to sacrifice some financial sense for convenience , but alas.

davesaddiction @ opposite-lock.com > Akio Ohtori - RIP Oppo
02/06/2019 at 15:06

Well, I’m bummed for you that it didn’t go the way you wanted, but it seems like these sorts of things are almost always more complicated and expensive once you get into them than generally understood at the outset.

ITA97, now with more Jag @ opposite-lock.com > Akio Ohtori - RIP Oppo
02/06/2019 at 15:19

Bummer there isn’t a weekend with a backhoe in your future now.