In process of purchasing primary residence
Currently in the process of purchasing primary residence. Current delays due to courts being closed due to covid 19.
Offer of full price with sellers assist was accepted at beginning of covid 19 concerns.
Given covid 19 concerns on market, would you consider asking for a lower sale price or any further negotiations to reduce risk for buyer?
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Most Popular Reply
@Shivam Patel Congrats on being under contract to purchase your first house! Big move!
In terms of trying to negotiate the price down solely due to there being a crisis, without any other justification, I feel like that is a disrespectful move. I have found the most success by providing some justification or facts as to why I am trying to renegotiate. Is this crisis effecting your income at all? Did you have a home inspection completed on the property? Did the property appraise for at or above the purchase price? Can you ask for repairs to be completed?
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