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Updated over 13 years ago,
BofA owned REO Buying home needs major rehab
Inspected the REO, cosmetically it was cleaned up so everything looked great. Upon formal inspection for Home/Pest found unpermitted electrical/plumbing/foundation/HVAC work that is a section 1 safety/health problem.
Bank won't reduce price to meet rehab costs, looking to call county permit office and place permit violation liens on the property to see if bank sees them as more serious issues and reduce the price.