Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply
![Atampreet Singh's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1579623/1695214296-avatar-atampreets1.jpg?twic=v1/output=image/cover=128x128&v=2)
Appraisal came in at 235k, Under contract for 277k. Buyer here! HELP!
Hello all,
I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills.
I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection.
Now, somehow, appraisal has come in at 235k.
Since, this house has a lot of earning potential for me as a mid term rental airbnb. I would like the deal to not fall through
Seller has sent in writing a counter for 250k with no concessions, and has asked me to sign mutual release if I don't accept.
Any thoughts from experienced investors?
how would you go about negotiating price or buying with sellers terms as is?
Most Popular Reply
![Drew Sygit's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/107728/1621417372-avatar-royalroseprops.jpg?twic=v1/output=image/cover=128x128&v=2)
- Property Manager
- Royal Oak, MI
- 5,347
- Votes |
- 8,722
- Posts
@Atampreet Singh given the market is not increasing anymore, what do you have to lose by walking away?
You can check back on the property in a month and it it's still there, make another offer.
REMEMBER - investors make their money when they buy!
- Drew Sygit
- [email protected]
- 248-209-6824
![business profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/marketplace/business/profile_image/873/1714073130-company-avatar.jpg?twic=v1/output=image/contain=65x65)