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Updated almost 5 years ago,

User Stats

104
Posts
37
Votes
Milind Shastri
  • Investor
  • Allen, TX
37
Votes |
104
Posts

Renegotiate buying price after corona-virus

Milind Shastri
  • Investor
  • Allen, TX
Posted

Has anyone renegotiated the purchase price of a property (being bought through a whole-seller)? 

The deal was entered before the COVID-19 situation, but considering the sudden change of market conditions, it now seems like there is good reason to believe that the house prices will go down, see a few articles: 
article 1

article 2

article 3


Does anyone have any insights about going about renegotiating the purchase price a few days before closing?

Thanks.

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