WOW REO ASSET MANAGER COMES THROUGH
Recently I was working with a lovely young couple for a first home purchase. After many offers and being the bridesmaid we finally got an acceptance and were the bride on a cute house and cottage fixer.
It was apparent the home needed some work, but my buyers went into the offer with eyes wide open.
The appraiser came back with a need to fix list incl some peeling paint in many areas of the home, roof repair and flooring. The underwriter came back with a FULL PAGE of fixes based on the "suggested future repairs" from the appraiser.
We thought we were sunk, but the clients had waited so long and they were hopeful so I submitted the list to the listing agent who was rather shocked as was I. He was able to get the ENTIRE HOME painted, roof repaired, flooring done, plumbing, gutters, etc etc. I'd never heard of a bank that was willing to paint the entire home. Not only the body of the home but the trim too.
Don't be afraid to ask on an REO and you may be surprised and your buyers will thank you.
Aloha, Gina Duncan