Help our family decide what to do if our home purchase falls through
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Inspect foundation. Problems?
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YES
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Appraisal value too low. Ask for price reduction. Does seller agree?
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NO
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Check for comparables. Are comparables priced according to our offer (and is foundation okay)?
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YES
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NO
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YES
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NO
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Ask for repair or price reduction. Do they agree?
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YES
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HOME SWEET HOME!
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YES
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Work to negotiate with sellers and Tony. Can we reach agreement (including with foundation inspection)?
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NO
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NO
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Walk away. Check Bradee home and others on the market. Are there homes we potentially like better than Bradee?
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YES
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NO
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Is it before June 30?
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Is Bradee still available?
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YES
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Make offer on Bradee!
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YES
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NO
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NO
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Ask Jan to visit and take pictures. Do they look good?
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Wait until we get to Wisconsin on July 6. Look at homes on 7/6-7/7. Is there something we like (and is offer accepted)? If no, keep looking and if still nothing go apartment and rental hunting.
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YES
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Contact piano movers and store piano. Find storage unit. Contact Wisconsin movers and unload into storage on 7/8. Stay with parents. Is closing before 8/18?
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YES
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MISSION ACCOMPLISHED!
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YES
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NO
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NO
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YES
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NO
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Ask if Nana and Papa will visit and take pictures, Skype, and give their advice. Does it look good?
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NO
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Is Bradee still available and the best option (are we making offer)?
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If offer accepted, hire movers for new move-in date.
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Stay with Grandma Erickson as long as reasonable. If necessary, look into Residence Inn, etc.
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YES
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Make new offer.
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House decision
