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Updated over 8 years ago on . Most recent reply

User Stats

24
Posts
5
Votes
Allison Medina
  • Residential Real Estate Broker
  • Maple Valley, WA
5
Votes |
24
Posts

Bankruptcy fee to be paid by buyer???

Allison Medina
  • Residential Real Estate Broker
  • Maple Valley, WA
Posted
Have any of you purchased a short sale where you had to pay the 20k bankruptcy fee? That's a huge turn-off for me. I'm looking at two potential investment properties, both short sales, one sitting on the market 250+ days, the other 450+, both have buyers assuming the 20k BK fee, to be paid in cash at closing. Is it laughable to make an offer negotiating that fee?

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