I have come across another fork in the road and I have taken it. I was deciding whether to go for a house in poor condition in a great neighborhood or a house in very good condition in a good neighborhood. I’ve decided to go with the latter. It’s the continuing saga of that house that they won’t sell me even though we have a valid contract. The next step is to send them a letter demanding performance by a certain date or else we’ll file a suit and put a lis pendens on the property.

I make an offer on a house. It’s REO property owned by Big Bank. They send signed counter offer. I sign and accept their counter offer and deliver earnest money. Meanwhile, I had a home inspection done. They say they made a mistake on the price and that management won’t approve the price on their own counter offer. I tell them that they’re in breach of contract if they don’t sell to me at the agreed price. They point out an ambiguous “weasel clause” that they claim lets them get out of the contract at any time if contract does not meet approval of “senior management,” whoever that may be.