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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Christopher Nelson
  • Hampton, VA
1
Votes |
10
Posts

Purchasing a home with upgrade incentive

Christopher Nelson
  • Hampton, VA
Posted

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?

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