Friday, May 5, 2017

I'm buying a condo. Is it possible to bribe the sellers with cash?

Okay, the bank won't give me a mortgage unless they assess the value of the property. This is a safety net to ensure that if I walk away, they aren't left with a worthless condo. But this means that I might not be able to buy for asking price or above asking price so I won't get the condo. So can I take 5 grand cash out of my account, hide it, get the mortgage, and then buy for the bank's price with a cash tip so I get it?

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