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Updated about 11 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Will Rodgers
  • Fairview Heights, IL
1
Votes |
15
Posts

REOs and Dewinterizing after during inspection period

Will Rodgers
  • Fairview Heights, IL
Posted

The bank just accepted my offer for a REO property. I just met with my realtor to sign paperwork and provide cashiers check for EM. The issue is that property is winterized and I was told that the selling agent has to dewinterize the place. The bigger problem is that she said she wont have time to deqinmterize until another 7 days. This significantly eats into my 10 day inspection period. Do I have any options? Can I request and extension or delay acceptance until the place is dewinterized? Do you think I have enough time to time to get the inspection and 3 bids in those 3 days? Should I just get the bids first and the inspections in 7 days?BTW This is my first flip.

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