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Buying & Selling Real Estate

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Derek Sowell
  • Investor
  • Bossier City, LA
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HUD Property Under Contract - Seller Concessions

Derek Sowell
  • Investor
  • Bossier City, LA
Posted May 4 2015, 11:58

I have a HUD property under contract as an owner occupant. The property has a water leak so they will not allow me to turn the water on. Does anyone have success getting seller concessions or repairs on a HUD property? Are my options just keep the deal or walk, or could I reduce the purchase price or get money off for the repairs?


Thanks,

Derek

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