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Updated about 6 years ago on . Most recent reply

My first FSBO, agreement on price, but want to ask for reduced $
So found a great 3 bed, 3 bath all brick. Walked the property and later the same day agreed to a price, no contingency. Here’s the issue. Had an inspection and found big issues with the support beams in the crawl space. I want to request about 5,000 reduced price, but not sure because of my agreement to no contingency.
Can I nagociate after we already signed the contract? I left a message for my attorney but will probably not get a response till tomorrow afternoon. Any guidance appreciated.
Most Popular Reply

@Diana Dorantes It depends on the language in your contract.
If you really signed a contract with no contingencies, then you may have a problem.
There may be a way out, but I don't think it would be straightforward. It's probably going to revolve around contract law and this particular contract.
I think you should buy an hour of an attorney's time and get some legal advice - and don't forget to pay attention to the timelines in whatever contract you've signed.