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Buying & Selling Real Estate

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Calvin Ly
  • Houston, TX
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30
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Asking Seller for Repair Credits

Calvin Ly
  • Houston, TX
Posted Aug 21 2014, 18:59

Do you guys typically ask for credit for repairs that need to be made on a property you are trying to purchase? If yes, how bad does the particular repair need to be (in dollars)? Or do you guys use it as a tool to get the overall purchase price down.  To date I have not asked the seller to give me credits for any repairs because they know I am a investor who is going to overhaul the property anyways. Am I short changing myself by doing this? 

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