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Updated 5 months ago, 08/20/2024

User Stats

63
Posts
23
Votes
Olga Daisel
23
Votes |
63
Posts

Discount me the sales price please

Olga Daisel
Posted

Hey,

I a house under contract that has structural issue, a pretty serious one. The roof rafters are falling due to water damage. The conventional mortgage lender sent an appraiser who realized that there is an issue. The house is under contract for 700k. I might came up with cash, but it has to be discounted. How much would you try to negotiate down on the house if closed all cash?

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