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Home Q&A Forum Can the purchase price be negotiated and, if so, how?

Real Estate

Real Estate Purchase Agreement

Connecticut

Asked on Apr 19, 2023

Can the purchase price be negotiated and, if so, how?

I am interested in purchasing a piece of property, and am curious if the purchase price can be negotiated. The seller has listed the property for a price which is slightly above what I am willing to pay, and I would like to know if it is possible to negotiate the price lower. I have had experience in negotiating prices in the past, but am uncertain of the legalities involved in this particular situation.

1 Attorney answer

Answer

Real Estate

Connecticut

Answered 419 days ago

Thomas L.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut
Free Consultation

Always. The purchase price is an offer. You can always make a counter-offer.

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