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Updated about 6 years ago on . Most recent reply

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Erik Towal
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Pool Demo prior to Close

Erik Towal
Posted

Under contract for a house which has an unserviceable pool I was planning to demo after closing. I am using conventional financing and the appraisal came back that the pool presents a safety issue and must be remedied. The lender is now stipulating this must be completed before closing.

Any experience renegotiating (for sale by owner) a PSA to have seller complete a major repair like this as part of a purchase contract or creative ways to convince lender/underwriting to allow the sale to go through and the demo will be completed post sale?

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