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OT: Quick real estate question

Jay G. Tate

IT'S A TRAP!
Staff
Jan 17, 2003
82,240
397,061
113
Montgomery, Ala.
Got a cash offer on my mom’s house. Potential buyer says he’ll waive appraisal.

The offer is a little lower than I’d like (obviously) … but is the cash plus no appraisal worth something as far as assessing the offer from an overall perspective?

ADD: Would be an “as-is” sale. No inspection. No potential for pre-sale repairs.
 
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