write a email response pertaining to signing a new real estate contract to increase the price of the house to $143,300.00 to connect to city water to satisfy FHA requirments. I want something stating that if i sign these contracts that nothing else will be the hold up of closing. I dont want to be left holding a $3,300 plumbing bill and this falling through. i need some assurances and grauntee
Subject: Confirmation of Agreed Terms for Signing New Real Estate Contract
Dear [Recipient's Name],
I hope this email finds you well. I am writing to address an important concern regarding the signing of the new real estate contract pertaining to the price increase of the house to accommodate the necessary connection to city water to satisfy FHA requirements.
Firstly, let me express my gratitude for working diligently to address this matter promptly. I understand that the additional investment of $3,300 for the plumbing works is crucial to meet the necessary FHA requirements. However, I am seeking some assurances and guarantees to ensure a successful closing without any further complications.
Therefore, I kindly request that the following terms and conditions be included in the new contract to safeguard against any potential hold-ups:
1. Assurance of Closing: By signing the new contract, I insist that the inclusion of the agreed price increase to $143,300.00 serves as an unequivocal guarantee that no external factors or unforeseen issues will hinder the completion of the sale.
2. Responsibility for Plumbing Costs: It is essential to clarify that upon signing the new contract, the seller assumes full responsibility for the plumbing expenses amounting to $3,300. Thus, I must be protected from any financial burden related to these specific repairs.
3. Inspections and Contingencies: Prior to the completion of the contract signing, I would appreciate a thorough inspection of the plumbing works by an independent professional of my choosing. This inspection will ensure that the necessary repairs have been made to a satisfactory standard. Additionally, it would be advantageous to include a provision that allows for renegotiation or cancellation of the contract should any significant issues be discovered during the inspection.
By incorporating the above terms into the new contract, we can eliminate any confusion or uncertainties and proceed confidently towards a successful closing. It is crucial to have all parties involved aligned on these matters to avoid potential disputes.
I truly value the opportunity to work with you, and I believe that by mutually agreeing to these terms, we can create a fair and trustworthy agreement that protects the interests of all parties involved.
Please let me know if these terms are agreeable to you, and if so, I kindly request that an updated contract with the necessary amendments be provided for our signatures as soon as possible. I am committed to moving forward in a timely manner, ensuring a smooth closing process.
Thank you once again for your attention to this matter. I look forward to your prompt response and the successful conclusion of this transaction.
Sincerely,
[Your Name]
Subject: Confirmation of Assurances and Guarantee for Proposed Real Estate Contract Amendments
Dear [Recipient's Name],
I hope this email finds you well. I am writing to discuss the proposed amendments to the real estate contract in regards to increasing the price of the house to $143,300.00 for the purpose of connecting it to city water, as required by FHA regulations.
Before proceeding with these contract amendments, it is essential for me to seek assurances and guarantees that once the contracts are signed, no other issues will hinder the closing process. Specifically, I want to ensure that I will not be left responsible for any additional expenses, such as the $3,300 plumbing bill related to connecting the house to city water, in the event that this agreement falls through.
In order to move forward with the proposed contract amendments, I kindly request the following assurances and guarantee be incorporated into the agreement:
1. The Seller guarantees that all necessary repairs, including connecting the house to city water, will be completed on or before the agreed-upon deadline for closing.
2. The Seller explicitly assumes responsibility for any additional expenses that may arise during the process of connecting the house to city water, including but not limited to the aforementioned $3,300 plumbing bill.
3. Should any unexpected circumstances or unforeseen issues arise during the repairs or connection process, the Seller guarantees to promptly resolve them at their own expense, without affecting the closing timeline.
By incorporating these assurances and guarantees into the contract, I can proceed with the confidence that I will not be left unexpectedly burdened with financial responsibilities and that the closing process will be a smooth and hassle-free experience for both parties involved.
I kindly request that you review this matter and include these assurances and guarantees in the contract as soon as possible. If there are any concerns or if additional discussions are required to reach a mutual agreement, please let me know, as I am open to further dialogue.
Thank you for your attention to this matter, and I eagerly anticipate your prompt response.
Sincerely,
[Your Name]
[Your Contact Information]