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<blockquote data-quote="cow pollinater" data-source="post: 974503" data-attributes="member: 14661"><p>You can make an "as is where is" offer and get the thing into escrow. If you need to borrow to buy the place the bank will want an appraisal before they will lend. Sometimes you can make an offer for what you're willing to pay and agree to handle all apraisal costs, government inspections,etc. Sometimes people just want stuff to get handled for them and if you agree to handle it and give them a little money they're happy. </p><p>That may sound fairly dishonest to those of us who are concerened with what things are worth but to someone who just wants everything to stay the same with a minimum of hassle it's a great offer.... In her thinking, it may well be worth the lesser price of you handling the entire deal so that all she has to do is sign.</p><p>If that works then you absolutely want a coppy of the apraisel. It may well be worth more than what she wants to sell it to you for. If it is then your net worth looks better when you're ready to grow. </p><p>Also, consider her tax situation and yours. You can find alot of common ground if you're willing to sit down and talk about how to structure it so that it's best for her taxes. If you offer her less but can come up with a way to make that sheltered then it's a better deal than more money that she'll get taxed on.</p></blockquote><p></p>
[QUOTE="cow pollinater, post: 974503, member: 14661"] You can make an "as is where is" offer and get the thing into escrow. If you need to borrow to buy the place the bank will want an appraisal before they will lend. Sometimes you can make an offer for what you're willing to pay and agree to handle all apraisal costs, government inspections,etc. Sometimes people just want stuff to get handled for them and if you agree to handle it and give them a little money they're happy. That may sound fairly dishonest to those of us who are concerened with what things are worth but to someone who just wants everything to stay the same with a minimum of hassle it's a great offer.... In her thinking, it may well be worth the lesser price of you handling the entire deal so that all she has to do is sign. If that works then you absolutely want a coppy of the apraisel. It may well be worth more than what she wants to sell it to you for. If it is then your net worth looks better when you're ready to grow. Also, consider her tax situation and yours. You can find alot of common ground if you're willing to sit down and talk about how to structure it so that it's best for her taxes. If you offer her less but can come up with a way to make that sheltered then it's a better deal than more money that she'll get taxed on. [/QUOTE]
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