If an agreed upon sale price is low, how will it impact the future value of apartments in a co-op ?

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September 14 2011 - Upper East Side
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Profile picture for The123Mortgage
a seller concession will raise the sale price, assuming seller pay the agreed upon concession toward closing. so in a sense you will finance the closing costs, which is perfectly fine; sellers usually give concessions to make sure the sale price is not too low, but also to help buyers at closing table. 
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September 15 2011
Profile picture for Sharon Lewis
It will lower the appraisal price within the next few months. Time will heal that though.
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September 15 2011
 

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Profile picture for Isaac Weiser
QuestionIf an agreed upon sale price is low, how will it impact the future value of apartments in a co-op ?
  • Latest answer by Isaac Weiser
  • September 15 2011
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