Tuesday, October 30, 2012

Real Estate Contract Closing question - Zillow Real Estate Advice

Everything is negotiable.? The seller may request a 2nd appraisal or re-evaluation of the first apprasial if they can provide additional information that may not have been used by the Appriser to substantiate values.

The seller may agree to reduce the price to the appraised value, or cancel the contract.

The seller may remove any seller concessions provided to the buyer.

As you can see, it appears the seller is the one having to give up something.? Generally negotiations only work, when both parties have to give a little.

Hope it works out for you

Source: http://www.zillow.com/advice-thread/Real-Estate-Contract-Closing-question/466382/

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