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Old 06-29-2009, 07:47 AM
bogart bogart is offline
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Default Re: Buying Foreclosed Homes

Quote:
Originally Posted by Mr Pardew View Post
I have had some instances the actual site looks much more worse than what was depicted in the full disclosure. I guess when you read the blueprint one would have imagine it differently.
The full disclosure is a starting point in the negociation. I would discount any needed repairs at the rate of $2 for each $1 of repair needed. Write an explanation to the bank property disposition officier expaling your offer. Th bank may not be aware of the extra work that is required.
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