We're interested in a home that's been on the market for over a year. It has serious foundation problems that would require an immediate investment of $5,000 to $20,000 to make it right, therefore no other buyers are going near it. We feel it would be a worthwhile purchase because the home is in otherwise great condition, fits our needs as a family & is in the ideal neighborhood.
We put in a low offer hoping the seller would take into consideration the money we'd have to spend to fix problems, but were turned down same day with no counter offer. We were ready to negotiate & raise our offer if necessary, but the she never even gave us that opportunity.
I would like to write seller a friendly letter explaining our reasons for the low offer, and also to open the lines of communication in case she decides she's ready to negotiate later. I would ask that she contact us via our RE agent to keep things on the up and up. Everything has gone through agents so far, so is this acceptable?
2007-02-25
04:27:44
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7 answers
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asked by
Anonymous
in
Business & Finance
➔ Renting & Real Estate