Buyer is requesting a $2500 credit after inspection even though the inspector found nothing major. As seller, we originally countered with $800 and buyer accepted it. Agent then prepared a contract amendment which buyer has signed. Looking at the amendment, buyer is basically getting the $800 as free cash. Can we update the amendment so that the $800 goes to title office and buyer can only get it if they actually carry out repairs and provide receipts to title office within a year? During the negotiation process, buyer has asked for several things such as lowered sales price, home warranty, seller pay for title policy, professional cleaning, etc. We made several concessions already, with the caveat that the house would be sold as is. Now that they’ve done inspection and use the inspection report to further lowball us even though the inspector pretty much found nothing wrong with the house, it just leaves a bad taste in the mouth. We offered $800 verbally and immediately regretted it, so we’re just wondering if we can make the amended contract term more difficult for them so that the $800 is not handed out as free cash. I know $800 is not much but I guess we’re just upset with their negotiation mechanics. Sales price is $395k.
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source https://www.reddit.com/r/RealEstate/comments/1k2snj7/seller_credit_to_title_office_with_conditions/
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