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Updated over 6 years ago,
Reasonable seller terms?
Hey Everyone,
My team and I are in the negotiation stages of a 126 unit apartment deal and the seller is asking for the following conditions:
1. The purchase price is to be firm as the seller is not interested in re-trading the deal in the future.
2. The seller would like to add a 21-day financing contingency in the LOI.
3. Closing on or before December 14, 2018.
4. The buyer is responsible for any title insurance.
Are these reasonable requests and can they be met for a property of this size? Any and all advice is greatly appreciated.
Thanks!