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Real Estate
Reply to "Vienna house - why so low?"
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[quote=Anonymous][quote=Anonymous]A friend of mine gave an offer for this one, he took his sweet time before responding. Then asked people to raise the downpayment to half a million. Buyers’ realtors couldnt reach him for the longest time, he was not answering calls. And in the first round, I believe he got offers around 1.4 already, so I have no idea what kinda game he is playing here. Of course he does not have to sell but he hasn’t been honest or communicative either.[/quote] Why would down payment matter? Afraid of appraisal gap? Even then, i see no reason whatsoever to care about down payment being 300 k or 500 k? Please enlighten me, how would benefit seller the amount of down payment? ( Assume lender feels confident with a 300 k down payment)[/quote]
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