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Updated about 5 years ago on . Most recent reply

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21
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Ahmed Youssef
  • San Francisco, CA
7
Votes |
21
Posts

Turnkey is asking to ignore the appraisal value

Ahmed Youssef
  • San Francisco, CA
Posted

I'm I not reasonable for not signing my turnkey contract because it has this condition? 

"If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicated in this contract."

Do you find that condition common in turnkeys contracts?

Most Popular Reply

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4,911
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
13,017
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

Only if you like starting off $10k in the hole...

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