What is the name of your state (only U.S. law)? MIami florida
I am a first buyer and I fall in love with a townhouse in Miami Florida. The seller is asking for 140k ... since I loved the house my offer was really appealing (as what I understand,... I have being shopping for a house for over 4 months now) I offered 140k plus 3% closing cost seller contribution, The seller doesn't want to negotiate and she only wants to pay 2,000 seller contribution.... well... I like the house and I’m willing to take those 2,000 out of my pocket, but.... I am afraid she won’t want to negotiate if the appraisal comes for less of the sell price. The comparables on the same condominium sold in the last few months for 130K... but they do not have granite kitchen counter tops, stain stile appliances, remodel bathrooms, and laminate floors in the upstairs floor..... I am afraid because a month ago I was about to close a house and the bank did not approved the association and I loss $400 in the appraisal (which came 136K, the same as selling price for a 890sf townhouse. with regular kitchen and bathroom pretty old ) Now, what you guys think, will this house come for 140K ? it has 1500 sf. Patio, like 7 closets, front yard(payment) I live in Miami, this house is located a half block of one of the most important streets (kendall Drive) help! i do not want to loose another appraisal and I do not have the money to put if it comes below!
I am a first buyer and I fall in love with a townhouse in Miami Florida. The seller is asking for 140k ... since I loved the house my offer was really appealing (as what I understand,... I have being shopping for a house for over 4 months now) I offered 140k plus 3% closing cost seller contribution, The seller doesn't want to negotiate and she only wants to pay 2,000 seller contribution.... well... I like the house and I’m willing to take those 2,000 out of my pocket, but.... I am afraid she won’t want to negotiate if the appraisal comes for less of the sell price. The comparables on the same condominium sold in the last few months for 130K... but they do not have granite kitchen counter tops, stain stile appliances, remodel bathrooms, and laminate floors in the upstairs floor..... I am afraid because a month ago I was about to close a house and the bank did not approved the association and I loss $400 in the appraisal (which came 136K, the same as selling price for a 890sf townhouse. with regular kitchen and bathroom pretty old ) Now, what you guys think, will this house come for 140K ? it has 1500 sf. Patio, like 7 closets, front yard(payment) I live in Miami, this house is located a half block of one of the most important streets (kendall Drive) help! i do not want to loose another appraisal and I do not have the money to put if it comes below!