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Updated over 6 years ago on . Most recent reply

Account Closed
  • Lender
  • Tampa, FL
168
Votes |
543
Posts

NEGOTIATED SALES PRICE $754,498...and $98? Really?

Account Closed
  • Lender
  • Tampa, FL
Posted

Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number?  

Do you know how much chaos and extra time and effort throughout the loan process correcting the sales price and possible delays such a number can cause on the Mortgage side? 

To all Investors: do yourselves and everyone on the mortgage as well as on the title side a huge favor and simply round your sales price up or down to the nearest round 100 number.

Most Popular Reply

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3,034
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
2,019
Votes |
3,034
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

I personally don't think the majority of investors are too concerned with their purchase/sale price being "convenient" for a mortgage broker they just want the deal locked in at the best possible numbers that work for them.

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