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Updated almost 4 years ago,

Ayyoub Ajmi's profile image
Ayyoub Ajmi's profile image
Ayyoub Ajmi
  • Member since Oct 6, 2020
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Ayyoub Ajmi's profile image
Ayyoub Ajmi's profile image
Ayyoub Ajmi
  • Member since Oct 6, 2020
Connect
Ayyoub Ajmi
1
Votes |
5
Posts
Buying & Selling Real Estate

Placing an offer contingent on appraisal

Ayyoub Ajmi
Posted

I’m interested in a vacant commercial building that needs a lot of work. I have pre-approval for financing up the asking price but I would rather leave some cash for renovation. Is it a good idea to put an offer and have it contingent on inspection/appraisal? Will this give me an option to renegotiate the price down?

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