Me & my husband made an offer to a house & it got accepted, we made an inspection and discussed an amendement with the

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Customer: Hello, me & my husband made an offer to a house & it got accepted, we made an inspection and discussed an amendement with the owner’s agent but the mortgage approval didn’t come In its time frame so everything stopped. Then the owner’s agent refered us to a mortgage broker & he got us an approval, then she sent us the amendement offer and we signed it & sent it but after a couple of days we didnt receive yet their acceptance, so we decided to revoke the amendement offer we sent & make a new one, we discussed several new numbers, but the last one we proposed they didn’t reply to. Can we revoke the original offer to purchase based on that?!! In the middle
JA: What steps have you taken so far? Have you prepared or filed any paperwork?
Customer: In the middle of the amendement negotions I offered a number but changed it before signing anything, is that number binding?!!
JA: Where is the house located?
Customer: Montreal, saint hubert
JA: Anything else you want the Lawyer to know before I connect you?
Customer: No thank you
Answered by Debra in 10 hours 2 years ago
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Debra
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Debra, Expert

Hello! My name is Debra (formerly known as Legal Ease). Thank you for your question. I'm reviewing it now, and will post back again shortly.

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Debra, Expert

Are you saying that there is a firm offer that has been presented and accepted?

Or are you saying that you never waived the conditions on that offer but made a new offer which has not been accepted?

Customer
I’m saying there was an initial offer that was accepted, but after the inspection findings, we negotiated the price verbally but didnt finalize the amendement as we didn’t get the mortgage approval on time frame for it. And the offer expired.Then we proceeded after that to try to get the mortgage approval with a broker that the agent has suggested to us, which we did. And at that same time we proceeded also to make the amendement offer based on the inspection findings. This amendement offer is what we didnt receive the acceptance for from the owners.The agent later said she sent it to the mortgage broker, but we declared in the amendement offer that it is us who are negotiating the offer, not an agent or a broker. And he has never notified us that he received anything.So, in that time, Before we received any acceptance from them, we found out something that would de-value the house. So we sent them a revoking Notification to the amendement offer we made. Then we negotiated new prices but didn’t reach an agreement.So now that she hasn’t replied to our last proposed price. we wish to cancel our purchase offer. Is there a problem with that?!!
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Debra, Expert

But just to clarify that initial offer that you did you say was accepted with a conditional offer correct and you had the right to waive the conditions but you didn't because of the inspection report so instead you put in a new offer and they didn't accept that and you never hear back.

Is that it?

And if that is it was that new offer time limited?

Customer
The original offer was conditional on the mortgage approval & the inspection.The inspection included a lot of issues in the house, so we made an amendement offer with a new price, we signed it & sent it but never received their acceptance. In that time, we discovered another problem in the house, so we decided to revoke that amendement offer we sent. We notified them with the revoking & started negotiating a new price.But in the end she didn’t reply from yesterday, so we assumed they don’t agree to the new price we proposed. We didn’t sign any offer this time, it was just proposals & negotiations by email & messages.So we want to send them that we want to cancel the purchase offer altogether as there is no agreement on the newly proposed amendement. Is there a problem with that?!!
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Debra, Expert

What is your offer time-limited?

Customer
Which offer?!! The original one was time limited & expired before we get the mortgage approval. The amendement Offer was not time-bounded.
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Debra, Expert

No I meant the amended offer.

You can send a notice now ensuring that it is received (send it by courier or registered mail or even fax or hand deliver it) and state that they have ignored you, you're assuming that they are not going to accept the offer and the offer is now off the table.

In the future it is vital that you make your offers time-limited.

Does that help?

Please feel free to post back with any follow-up questions you may have. If you don't have any then I hope I have earned a 5 star rating but if you don't feel that I have please don't hesitate to reply back and let me know what more I can do to assist you. Finally, please know that even after you rate me I will be here for you and you can ask follow-up questions if you think of them later on at no further charge of course.

Customer
Thank you so much, you’ve been great help Debra. I will rate 5 stars. Thanks again.
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Debra, Expert

You are very welcome.

Customer
Your welcome. Thank you for your help.
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