Broker Taking Full Price Offers Only

February 06, 2025
by a searcher from New York University in Cranford, NJ, USA
Looking at a deal that I am really interested in, but it is priced higher than any banks I am speaking to are saying they will finance. The broker was transparent that they are taking full price offers only, but this feels not realistic based on bank feedback. We are supposed to meet the Sellers on Monday. Is there a reason to keep this meeting or is this a dead in the water deal?
from University of Southern California in Los Angeles, CA, USA
in New York, NY, USA
Are you leaning on the bank to provide you funding for the deal and or also gauging the amount of leverage they're willing to offer to determine the overall business valuation ?
Do you have your own valuation figures? What did the dd show? Are the Financials certified ?
What's the WC and oc for this business? Are you including this in your purchase price with the bank or left them out ?
How much do you believe in this business and would like to close? If it's important to you i would be glad to work with you.