Questions About Making My First Offer
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take over. They are also paying off all the back property taxes owed.
There is one thing that I will be doing if I buy it which will cost around $2k(This is a $200kish property). Should I include that in my offer? If they do concede that in the final deal, will they basically be adding $2k to whatever their final number really was? So that in reality, I'm not getting a discount at all besides the fact now I'm not 2k out of pocket my first month, instead it's effectively in the mortgage? Same question with closing costs.