Quick fridge question to throw out there.
I have around 2 weeks until closing on a short sale, and the real estate agent just informed me that her clients fridge broke. Yes it was part of the contract, but she has no money to replace it. My suggestion of substituting it with the washing machine which was not included in the sale was nixed that the seller needs it and "this is just part of short sale downsides."
Is there any other way to negotiate over here or should I just take the loss and go to closing?
Thanks! (as always I really appreciate everyone and the time you all take to answer!)
Assuming that you got a great deal with the short sale, I'd wouldn't let it kill the deal. However, with that said, I would try to get something for the fridge as a reduction or something else as a bargaining chip. But in the final analysis, investors should expect small things to go wrong.
I'd just forget about it close anyway. The seller likely doesn't have a bunch of extra money laying around to replace the fridge or they probably wouldn't be doing a shortsale in the first place. It sounds like all you really stand to lose is a fridge that was on its last leg anyway.
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