Concessions

[Jeff Fairchild]

You get a signed contract after having walked through the house with the seller and everyone came to the conclusion that repair costs would be $20k.
Then, you later discover that they are really $28k.

How do you go back to the sellers and ask for a concession?

What should I be saying up front when signing the contract to make it easier in case there are more repairs needed? Are you saying "My signing this contract is based upon repairs being near $20k" or something similar?

So how do you make a revision to the contract if they do decide to lower the sales price?