HAS ANYONE REQUESTED CONTRIBUTION FROM SELLER FOR COST OF BANK VALUATIONS?
Acquiring real estate and business assets - seller has no current valuation of either.
1. Seller claims to have other interested buyers.
2. Banks sometimes quit deals last minute.
Has anyone tried requesting say 35% contribution from seller towards valuation costs in return for copy of reports?
Seller benefit =
Use of valuation to support price sought from other buyers.
Also welcome -
Any suggestions on avoiding or mitigating scenario of surprise last-minute abandonment of transactions by banks.