All Forum Posts by: Tony Colavecchio

Thank you Michael and Monica. We have discounted our offer price based on the condition of the property, but since the inspection was not done yet we only knew of some things wrong with the house. We just learned that the AC went out since the time we put our offer in (as well as learned of a few other minor things) and we are wondering if the inspection will find anything else significant.

I'm just trying to figure out my options for these "new" issues that may be popping up. They possibly weren't factored into the original offer and may cause us to either walk or someone will have to pay the difference (ie. realtor dropping fee or seller bringing some to the table). I just didn't know if dealing with the bank would be a possible option.

I'm ok with these not being fixed prior to moving in as long as the sell price was adjusted accordingly.

Anyway, thanks for the help.

I have an offer on a short sale and am waiting on the Bank to do the BPO.

I'm interested in any experiences/tips on negotiating with the bank(Chase Bank, single loan). There are some repairs that I anticipate needing and want to try to negotiate the bank into paying for them.

What I would like to do (not sure how realistic this is) is request the bank bring 10-15K to the table to resolve some key issues (ie. AC is out) and in return I will obtain my loan through them (given certain loan conditions).

I would think this would be in their best interest because their ROI would still be more and give them a chance to recoup some of their loss.

Any thoughts or experiences with this out there?

Thanks

Tony