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Do Estate sales typically negotiate better?

Hey all,

We recently offered and were accepted for a home we truly loved. It belonged to an elderly couple who passed, so the son is selling it(estate sale).

We offered the sale price because I didn't want to see my wife have it bought out from under her like her first choice as she loved everything about it, old fashioned and all.

That being said, our appraisal is coming up. The list price is $179,990. The home was immaculately cared for and has nice things(carport, metal roof, etc)but was built in 1966. A couple of close friends have said that, even so, it probably won't appraise for that.

Is it common for estates to stand firm if it appraises lower? Moreover, do things traditionally appraise lower than asking price? Should I tell my realtor to argue for closing costs? Any advice here?

submitted by /u/Moridianae
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source https://www.reddit.com/r/RealEstate/comments/j2y45t/do_estate_sales_typically_negotiate_better/
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