Any advice?

This is a long post my apologies in advance. My fiancé and I are buying a home in NJ. The septic failed inspection, before proceeding with any other inspection we confirmed with the seller’s attorney and realtor that they would pay to fix the septic. So obviously we proceeded with home inspection, appraisal, etc. The current home owner got an estimate for remediation of the septic and it is going to cost a lot more than they expected. Estimate ~50k, they tried to negotiate with us and asked if we would pay for half. We are already giving them asking price on the home and offered to give them 10k towards the septic. This was not enough for them and again requested we play for half. Now we’re in a stand off, and the closing date is coming up soon. Not sure if anyone can offer some advice or guidance? Thank you.

submitted by /u/SignalAdditional
[link] [comments]

This is a long post my apologies in advance. My fiancé and I are buying a home in NJ. The septic failed inspection, before proceeding with any other inspection we confirmed with the seller’s attorney and realtor that they would pay to fix the septic. So obviously we proceeded with home inspection, appraisal, etc. The current home owner got an estimate for remediation of the septic and it is going to cost a lot more than they expected. Estimate ~50k, they tried to negotiate with us and asked if we would pay for half. We are already giving them asking price on the home and offered to give them 10k towards the septic. This was not enough for them and again requested we play for half. Now we’re in a stand off, and the closing date is coming up soon. Not sure if anyone can offer some advice or guidance? Thank you. submitted by /u/SignalAdditional [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!