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Updated over 7 years ago,

User Stats

24
Posts
11
Votes
John Martin
  • Santa Barbara, CA
11
Votes |
24
Posts

Miami: in contract. time to negotiate?

John Martin
  • Santa Barbara, CA
Posted

A bit of an unusual situation. I am in contract for a condo in Miami Beach and planning to close on Sept 23rd. However, with the Hurricane Irma, it is going to impact my investment as it is going to find tenants (short-term rentals) for several months. 

- Even though we agreed on the price (before Irma), should I renegotiate now?

- Is the Hurricane decreasing the real estate sales price temporarily?

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