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Updated over 8 years ago on . Most recent reply

User Stats

105
Posts
23
Votes
Robert Howard
  • Investor
  • Leesburg, GA
23
Votes |
105
Posts

In contract with a bank have 15 day due diligence. Found issues

Robert Howard
  • Investor
  • Leesburg, GA
Posted
Need help. I'm in a contract to buy a property. It is at a good price now, but I had a inspection and there are some issues. We have a busted pipe, no outlets working in kitchen, black mold in wash room, espestice siding, and other wiring issues. Can I negotiate for a GREAT price with the bank? If so how do I do it?
  • Robert Howard
  • Most Popular Reply

    User Stats

    9,937
    Posts
    10,792
    Votes
    Chris Mason
    • Lender
    • California
    10,792
    Votes |
    9,937
    Posts
    Chris Mason
    • Lender
    • California
    ModeratorReplied

    Typically:

    Nope, bank isn't going to negotiate. You take it as-is or you move on.

  • Chris Mason
  • Loading replies...