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Updated over 3 years ago on . Most recent reply

Ray Martinez's profile image
Ray Martinez's profile image
Ray Martinez
  • Investor
  • from Los Angeles CA, USA
  • Member since Jun 27, 2020
Connect

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28
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0
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Ray Martinez's profile image
Ray Martinez's profile image
Ray Martinez
  • Investor
  • from Los Angeles CA, USA
  • Member since Jun 27, 2020
Connect
Ray Martinez
  • Investor
  • Los Angeles CA, USA
0
Votes |
28
Posts
Buying & Selling Real Estate

Pending Sale/Appraisal Leverage

Ray Martinez
  • Investor
  • Los Angeles CA, USA
Posted

BP,

I have a vacation home that I'm in escrow for and looking for advice on what to expect with my scenario. I found some repairs that are im requesting the full 2% concession($7,400). The sellers are wanting the appraisal to be completed before they make a decision on the concession request.

How would the appraisal be beneficial or provide leverage for the sellers?

Thanks

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