Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Purchasing a home with upgrade incentive
Hey all!
I am looking to purchase a home where the buyer is offering 15k for upgrades at the buyers discretion.
I believe the home will still be able to appraise for the offer price prior to any updates.
Am I able to be credited at closing for this amount and get the repairs done by contractors I know or will the updates have to be done prior to the home closing? I believe I can get more bang for my buck if I shop around the work.
Ideas?