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A six % discount is $23,000 in equity that I feel he has done nothing to deserve. I am willing to discount the selling price to save time and money of selling the house but should he get such a discount for doing nothing??? Thank you!
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How confident are you in the price you are selling it at? What if appraisal comes back higher than the purchase price? I would not give 6%, but maybe 4% seems like a fair number. He wins and you win, but make sure you have the purchase price set right or you will have shot yourself in the foot!
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