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Updated almost 4 years ago on . Most recent reply

User Stats

15
Posts
2
Votes
Tim Catalano
  • Realtor
  • SE Indiana
2
Votes |
15
Posts

Concessions at closing

Tim Catalano
  • Realtor
  • SE Indiana
Posted

I thought on a recent podcast, Brandon and David, an investor talked about having seller concessions at closing that gave him money (I don’t recall if he meant actual cash but I think he did). Have a deal with a big repair that needs negotiated. Having that podcast in my mind, I thought I would increase my offer but ask for the money at closing to pay for that repair. Fellow RE agent told me it’s not possible. Any thoughts on how to approach it as the sellers don’t want to do the repair but are prepared for a new offer price. Not sure if I want to go down the fix and flip loan path and need to refinance.

  • Tim Catalano
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