Updated over 8 years ago on . Most recent reply
Negotiating Repair Credit
2unit -chicago, il
Purchase Price - 109k
No formal appraisal. Zillow says 165k
Unit 1 - 1075/mo, 2bd, 1 ba
Unit 2 - 800/mo, 2bd, 1 ba
203k streamline
Formal Inspection - no major issues
Followup with 203k Contractor - structural issues ~ 10 -15k in repairs. Very reputable contractor!
Is it worth asking for repair credits? My realtor almost flipped out when I requested 10k in credits accompanied by the formal estimate. House not appraised. Just trying to figure out best recourse and options. From my understanding structural = not safe. Should sellet not bear any responsibility in the cost for those repairs. All other upgrades are on me.