Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 4 years ago on . Most recent reply

User Stats

431
Posts
139
Votes
Cory Lucas
  • Rental Property Investor
  • Brighton, IL
139
Votes |
431
Posts

As Is Can’t negotiate further?

Cory Lucas
  • Rental Property Investor
  • Brighton, IL
Posted

Got an offer accepted on a property, home inspection showed some pretty big concerns, but my realtor says I can’t negotiate further since the seller is selling AS IS?

Is this right? If so any other thoughts/options versus just backing out?

  • Cory Lucas
  • Most Popular Reply

    User Stats

    95
    Posts
    87
    Votes
    Allen Williams
    • Realtor
    • Jacksonville, FL
    87
    Votes |
    95
    Posts
    Allen Williams
    • Realtor
    • Jacksonville, FL
    Replied

    @Cory Lucas As a Realtor I would say always always you are the customer and even if the other party denies your request that should be what happens, not your Realtor stopping you from making a move. I would encourage you to just state you want to send an amendment to the price (or repair addendum showing what want fixed, usually price reduction is easiest with amendment for AS-IS properties), attach a copy of a quote from a GC/sub so the other party knows it is legit, and then move forward if the numbers still work, or back out if the deal is dead. Hopefully the other party will help with covering some of the unforseen issues, not everyone is unreasonable. But I would do all that first instead of walking away because you already paid for an inspection. I hope this helps!

    Loading replies...