Have a contract to sell with a 6% commission. Price agreed on -- if bank appraisal comes in low will the Realtor consider 5% with a like reduction on sellers part and a like increase on buyers offer to close deal -- yes, I know, I am asking in general would this be considered?
The loan is only for 50% of the offered price, but I understand the buyer has right of refusal if the appraised price does not at least match the bid price. Correct?
RELATED QUESTIONS
RELATED TOPICS
ABOUT ANSWERBAG
Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.
Copyright 2023, Wired Ivy, LLC