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Updated about 4 years ago,

User Stats

117
Posts
33
Votes
Jayson Greenblatt
  • Bronx, NY
33
Votes |
117
Posts

Seller wants 30% down. Why?

Jayson Greenblatt
  • Bronx, NY
Posted

I put an offer in on a property the other day, the asking price was 360k. I offered 345k with 25% down and a 6 month credit for non paying tenant since eviction courts are closed. Seller countered with he would accept 345k with 30% down and no credit for tenant. I understand the no credit but why would the seller care whether its 25% or 30% down? 

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