Skip to content
Real Estate Deal Analysis & Advice

User Stats

8
Posts
1
Votes
Candice Co
1
Votes |
8
Posts

Sagging Floor Deal 26k Ready to Move In or Rent

Candice Co
Posted Jun 22 2018, 06:36
So I’m working on a deal for a 2 bdrm 1 bath house in a very decent area and decent school district. The floor saga over the crawl space 🤬. They were asking 35k but according to the county records it’s worth 29k. I submitted an offer for 26,500 with a contingency that the house would pass an inspection because the floor concerns me. It also has a broken window and that’s it. Everything else is great! Ready for move in. I going to rent it for $700 per month. Should I steer clear of this deal due to the floor? Have you all encountered this issue? Did I low ball them too bad? I’m only thinking of the repair costs of the floor.

Loading replies...