Need advice on a deal I'm creating. Advice PLEASE

[Brennan Burke]

Found a property at 62k and seller financing is available only if I make a 50% down payment.

I'm using the sellers agent as my buying agent since he has a greater incentive to close the deal do you think I can get a price reduction?

And also the agent told me there was an previous contract that didn't fall through and property inspections were done and the owner fixed all wrongs, do you think I should get another inspection?

I would like anyone's advice or thoughts anything helps.

@Brandon Turner

@Account Closed

[Account Closed]

Originally posted by @Brennan Burke:

property inspections were done and the owner fixed all wrongs, do you think I should get another inspection?

Absolutely get another inspection imo, just to verify that the repairs were done and so that you can be sure that it was all on the up & up.

Need more details about the house though Brennan to know if it's a good deal or not.

I can tell you that I just bought a house in CA and it was had at 4.35% with only 5% down, so at 50% down you should be getting closer to 3.5% easily. Id say put down the minimum amount that works in the situation and use the extra money for something else.