Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 5 years ago on . Most recent reply

User Stats

16
Posts
4
Votes
Shivam Patel
4
Votes |
16
Posts

In process of purchasing primary residence

Shivam Patel
Posted

Currently in the process of purchasing primary residence. Current delays due to courts being closed due to covid 19.

Offer of full price with sellers assist was accepted at beginning of covid 19 concerns.

Given covid 19 concerns on market, would you consider asking for a lower sale price or any further negotiations to reduce risk for buyer?

.

Most Popular Reply

User Stats

646
Posts
596
Votes
Sean McDonnell
  • Real Estate Agent
  • Surf City, NC
596
Votes |
646
Posts
Sean McDonnell
  • Real Estate Agent
  • Surf City, NC
Replied

@Shivam Patel Congrats on being under contract to purchase your first house! Big move! 

In terms of trying to negotiate the price down solely due to there being a crisis, without any other justification, I feel like that is a disrespectful move. I have found the most success by providing some justification or facts as to why I am trying to renegotiate. Is this crisis effecting your income at all? Did you have a home inspection completed on the property? Did the property appraise for at or above the purchase price? Can you ask for repairs to be completed? 

Loading replies...