Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago on . Most recent reply
![Michael Lauther's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/45466/1621408317-avatar-michaellauther.jpg?twic=v1/output=image/cover=128x128&v=2)
Financing A short sale when property is in disrepair
I have a retail buyer for a property that has repair issues predominantly mold in the finished basement caused by a pipe burst that dripped water over a long period of time causing water to enter the basement and mold to grow on Sheetrock walls and hung ceiling.
The potential Buyer can qualify for a mortgage and is willing to offer a price that would take into account repair costs of substantial deferred maintenance and mold. The property according to the buyer will not qualify because of the condition. Perhaps he is not looking in the right place for financing.
What options would this buyer have to purchase the property?