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Updated almost 5 years ago on . Most recent reply

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Jonaye Barnum
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6
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Inspection before submitting offer?

Jonaye Barnum
Posted

I'm interested in a SFH that's been on the market for a while that is being sold as is. The Commissioner of Accounts in the city it's in is requiring the due diligence, including inspection, to be done prior to submitting an offer.

I've already taken a look at the house &, other than needing some cosmetic updates, all the major aspects of the house seem to be in pretty good shape.

Is it relatively easy and quick to deal with Commissioner of Accounts? Would it be wise to offer a lower price since it's been sitting for a year or just buy at full asking price? Any pointers would help!

Most Popular Reply

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380
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
587
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380
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Jonaye Barnum I would offer below accessing price. I just would not go too low that you do not hear a response. Worst case scenario the commissioner says their price is firm. 

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