- This topic has 530 replies, 35 voices, and was last updated 14 years, 8 months ago by sdcellar.
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March 5, 2010 at 2:55 PM #522341March 5, 2010 at 4:43 PM #521480sdrealtorParticipant
If there are small issues with the property you probably wont have luck. If you find a big issue or even one that you can present as a big issue (even if it isnt that big) you may have some luck.
Here’s how: the bank doesnt know anything about the property because they never lived there, thus they have almost no disclosure liability. Once you find something and document it to them they have to let any buyer know about what you told them. Present them your findings with a quote to fix that item. Have a friend do the quote if possible so its nice and high. They will likely get their own estimate also but your high quote will be in their hands also. Dealing with you in a known manner can be preferential to dealing with the unknown with an unknown future buyer. Its a bit tricky to pull off but I got one of these through on Ox’s house (which had about 10 offers on it).
March 5, 2010 at 4:43 PM #521621sdrealtorParticipantIf there are small issues with the property you probably wont have luck. If you find a big issue or even one that you can present as a big issue (even if it isnt that big) you may have some luck.
Here’s how: the bank doesnt know anything about the property because they never lived there, thus they have almost no disclosure liability. Once you find something and document it to them they have to let any buyer know about what you told them. Present them your findings with a quote to fix that item. Have a friend do the quote if possible so its nice and high. They will likely get their own estimate also but your high quote will be in their hands also. Dealing with you in a known manner can be preferential to dealing with the unknown with an unknown future buyer. Its a bit tricky to pull off but I got one of these through on Ox’s house (which had about 10 offers on it).
March 5, 2010 at 4:43 PM #522052sdrealtorParticipantIf there are small issues with the property you probably wont have luck. If you find a big issue or even one that you can present as a big issue (even if it isnt that big) you may have some luck.
Here’s how: the bank doesnt know anything about the property because they never lived there, thus they have almost no disclosure liability. Once you find something and document it to them they have to let any buyer know about what you told them. Present them your findings with a quote to fix that item. Have a friend do the quote if possible so its nice and high. They will likely get their own estimate also but your high quote will be in their hands also. Dealing with you in a known manner can be preferential to dealing with the unknown with an unknown future buyer. Its a bit tricky to pull off but I got one of these through on Ox’s house (which had about 10 offers on it).
March 5, 2010 at 4:43 PM #522146sdrealtorParticipantIf there are small issues with the property you probably wont have luck. If you find a big issue or even one that you can present as a big issue (even if it isnt that big) you may have some luck.
Here’s how: the bank doesnt know anything about the property because they never lived there, thus they have almost no disclosure liability. Once you find something and document it to them they have to let any buyer know about what you told them. Present them your findings with a quote to fix that item. Have a friend do the quote if possible so its nice and high. They will likely get their own estimate also but your high quote will be in their hands also. Dealing with you in a known manner can be preferential to dealing with the unknown with an unknown future buyer. Its a bit tricky to pull off but I got one of these through on Ox’s house (which had about 10 offers on it).
March 5, 2010 at 4:43 PM #522401sdrealtorParticipantIf there are small issues with the property you probably wont have luck. If you find a big issue or even one that you can present as a big issue (even if it isnt that big) you may have some luck.
Here’s how: the bank doesnt know anything about the property because they never lived there, thus they have almost no disclosure liability. Once you find something and document it to them they have to let any buyer know about what you told them. Present them your findings with a quote to fix that item. Have a friend do the quote if possible so its nice and high. They will likely get their own estimate also but your high quote will be in their hands also. Dealing with you in a known manner can be preferential to dealing with the unknown with an unknown future buyer. Its a bit tricky to pull off but I got one of these through on Ox’s house (which had about 10 offers on it).
March 5, 2010 at 6:58 PM #521555Nor-LA-SD-guyParticipantMake sure you can get your deposit back if you can’t get financing, I hear it’s getting tough to get these day’s.
March 5, 2010 at 6:58 PM #521696Nor-LA-SD-guyParticipantMake sure you can get your deposit back if you can’t get financing, I hear it’s getting tough to get these day’s.
March 5, 2010 at 6:58 PM #522127Nor-LA-SD-guyParticipantMake sure you can get your deposit back if you can’t get financing, I hear it’s getting tough to get these day’s.
March 5, 2010 at 6:58 PM #522221Nor-LA-SD-guyParticipantMake sure you can get your deposit back if you can’t get financing, I hear it’s getting tough to get these day’s.
March 5, 2010 at 6:58 PM #522476Nor-LA-SD-guyParticipantMake sure you can get your deposit back if you can’t get financing, I hear it’s getting tough to get these day’s.
March 6, 2010 at 6:52 AM #521610scaredyclassicParticipantgrrr. I think too much. I told the agent to terminate the offer on Monday. I want it but I don’t want to write a big check.
March 6, 2010 at 6:52 AM #521751scaredyclassicParticipantgrrr. I think too much. I told the agent to terminate the offer on Monday. I want it but I don’t want to write a big check.
March 6, 2010 at 6:52 AM #522181scaredyclassicParticipantgrrr. I think too much. I told the agent to terminate the offer on Monday. I want it but I don’t want to write a big check.
March 6, 2010 at 6:52 AM #522273scaredyclassicParticipantgrrr. I think too much. I told the agent to terminate the offer on Monday. I want it but I don’t want to write a big check.
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