Then “clean financing” should mean strong evidence and prompt cooperation, not waiving the financing condition. Spell out what happens if the valuation is low: can you renegotiate, contribute only up to a stated amount, or exit? The deposit terms must align with that protection. Because the...
Twelve percent is defensible as an opening, but don’t pretend the comparable evidence is stronger than it is. Keep the rationale short: updating costs, limited completed-sale evidence, and the certainty offered by your financing and flexible timing. Give a reasonable response deadline rather...
The detail that changes my view is occupancy terms. A same-building sale sounds like the strongest evidence until, for example, a furnished high-floor unit sold vacant is compared with a lower-floor unit tied to an operating arrangement.
I would still use completed sales from the building, but...