[quote=SD Realtor]
(…) first that the lending conditions when you submit the short sale may be drastically different then when the short sale is actually accepted. Additionally keep in mind that it is difficult, though not impossible to get any concessions from the lender authorizing the short sale after it has been accepted. What I mean by that is you may want to try to make sure that you either build in repair costs to your original offer. [/quote]
Thanks a lot, SD Realtor, that is a very good point, I haven’t thought about it! Very important to take into account.
I probably would eat the repair costs within, let’s say, 10K. I am not that much of a haggler…But if you submit an offer right away – no time for inspection, and then later find out something major, like 20K repairs for something wasn’t easy to spot with the naked eye, would you recommend to try to get concessions in this case if we don’t want to pay for it – or be prepared to walk out of the deal? Is it ok to walk?
