Repairs added into closing costs paid by buyer

[Dustin Heiner]

Hi everyone,

Does anyone have any creative way to pay for repairs for a property and include them in the closing costs?

I am purchasing a property that needs work on the septic tank.  The seller will not pay for the repairs so I will have to pay for it myself.  How would it be possible to add into the closing costs the cost of a septic tank replacement?

The reason why I would like that is because I am buying the property cash then will refinance the property at 80% of the ARV not to exceed the purchase price + closing costs.

Thanks for the help!