Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

78
Posts
68
Votes
Dean R.
  • Flipper/Rehabber
  • Dacula, GA
68
Votes |
78
Posts

Negotiating after inspection report

Dean R.
  • Flipper/Rehabber
  • Dacula, GA
Posted

I live in GA. Listed my home at $219,900 then reduced to $209,900. Comps with less sq footage in last 6 months are 230k, 240k, 227k. My drive way is a bit steep but not terrible. Pretty much move in ready other than a few fogged windows and a 15 year old roof with no leaks but a little wear. It's under contract at 205k. I am paying 6k in closing to the buyer. Home gets inspected and now the buyer is asking for several fogged windows to be replaced and a new roof. Windows and roof estimated repairs around 7k. I feel like I have already compensated for those things by listing under market and coming off my asking price including closing costs 11k. What would you do? Tell the buyer to take a hike? Meet in the middle? Fix the roof and windows and let the buyer walk but raise the price because of the new roof and windows? Thoughts?

Most Popular Reply

User Stats

23,418
Posts
13,508
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Sometimes it's just a game of chicken.  For things that were apparent before, I don't normally advise negotiating.  Some buyers have this intent from the get go.  Depends on your situation and motivation though.

Loading replies...