Thursday, October 25, 2012

REO home has big inspection issues. Will the bank ... - Zillow Real ...

In some cases you can re-negotiate.? Document your concerns and additional unanticipated/budgeted repairs.? Includea copy of the inspection report and pictures.

Send a detailed letter to the listing agent along with your documentation and request a specific seller concession amount.??

You should have a walk away number in your head?so that you will not be disappointed if they don't play ball or only credit you some of the?repair costs.

I'm sure they are already aware of the issues,?but since you are an owner occipied buyer, they may be more inclined to work with you.

Good luck!??

Source: http://www.zillow.com/advice-thread/REO-home-has-big-inspection-issues-Will-the-bank-negotiate-Cash-buyer/465554/

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