Repair Estimates for Short Sales

Posted on: Fri, 03/19/2010 - 17:30

scarlson

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Repair Estimates for Short Sales

Be sure to detail all damage and report it to the lender. Take video or still photos of the damage you believe is costly. Use standard retail repair rates that any normal homeowner would pay for similar services.

A lender will often concede to bigger discounts it substantial repairs are required. The more work the property needs, the less it is worth and the harder it would be for the lender to sell.

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Posted on: Fri, 03/19/2010 - 18:43 #1

George41

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Thanks scarlson

Thanks for this great information, this also justifies your offer to the
lender, which they need to disclose, unless sold AS IS

George41

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Repair Estimates for Short Sales

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