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Updated almost 6 years ago,

User Stats

25
Posts
3
Votes
Walter Williams
  • Rental Property Investor
  • Huntsville, AL
3
Votes |
25
Posts

Should I Put in an Offer Now or Wait

Walter Williams
  • Rental Property Investor
  • Huntsville, AL
Posted

Hello BP!!! I am looking at a house that is owned by a retiring, oos landlord. This house needs a full roof replacement (shingles and some plywood) and some drywall put up on the kitchen ceiling (~6’x12’) area. The listing agent is saying the landlord will replace the roof and drywall before they sell.

Should I wait to put in an offer until after they replace the roof and shingles or should I put in an offer now with the contingency they complete this work? I don’t want the landlord to replace the roof and then they raise the price trying to recoup their losses.

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