Divvy negotiates seller credits upfront prior to offer acceptance. The amount of seller credits is determined based on the age and visual condition of the home, which stems from our experience of purchasing thousands of homes. We do this to minimize negotiations post-offer acceptance, reduce due diligence terminations, and close on high quality homes to set Divvy’s customers up for success!
Although our intent is to close on the home without asking for additional seller credits. Divvy may request additional credits or ask to terminate after the Divvy Home Quality Evaluation.
The following are just some examples of why we may do this:
- End of life roof or HVAC replacement required
- Failing below grade plumbing
- Organic growth
- Structural issues
- Excessive deferred maintenance