A buy offer by non-profit developer

A buy offer by non-profit developer

Member since 2018 · 4 posts · 1 vote
I received an offer to buy my house from a non-profit company. The company works with local city to build affordable housing. What kinds of deals / things that I need to look for in an offer? Relocation fee? Above market price? How do I approach in negotiating a fair price?
0Reply
22 views

2 Replies

Jump to latestLatest
  • Real Estate Agent · Grand Junction, CO · Member since 2015 · 1k+ posts · 736 votes
    8y

    @Kevin Ngo I sold a property a few years back to a non-profit company that had a program to help first time / low income buyers. I don't recall that the process was really any different - there was a normal contract and appraisal - I may have been asked (required?) to give a seller concession - but it was still a profitable venture. I don't know why you would try to sell for higher than market value based on the entity purchasing it... ? 

  • Member since 2018 · 4 posts · 1 vote
    8y

    Would this transaction be the same as a regular deal?  

Join the conversationCreate a free account to reply, vote on answers and follow this thread.