General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago, 03/27/2020
Should I pay for appraisal before my offer is accepted
So my original offer on this duplex was accepted at 130k and I paid for a personal inspection ($300) after the report came back. It’s clear that the home isn’t worth 130k so the seller said he will only come down to the official appraisal price. I don’t want to pay exact market value especially at a time like this. This is my first investment I know I will make mistakes but I want to start off in the right direction. Any advice ?