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Brad E.
  • Investor
  • Athens, GA
66
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205
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Negotiating after inspection on “as is” sale

Brad E.
  • Investor
  • Athens, GA
Posted Jan 22 2019, 04:04

Hey BP I just got in contract on a triplex here in GA. Seller had it listed for 200k and I was able to get the contract signed for 183k.

Before we started negotiating there was no as is language in the purchase agreement. After a few rounds of counters they took my last offer but wanted to add in the sold “as is” stipulation and also said in a message from the seller agent that they wouldn’t make repairs at this price because of xyz reasons.

The house has been in contract twice already since December and it has fallen through for reasons that I’m not completely sure of. I have not physically visited the property yet.

So ... my question is can I still negotiate for seller credit if I find issues during inspection?

My agent acted like the only option at that point would be to walk away from the deal.

I’m not trying to beat the seller up on minor stuff but if I find expensive repairs needed I’m going to want some concession.

Thanks for the feedback.

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