Just taking a survey because I searched through Active Rain and didn't see the answer to my question regarding Real Estate Owned (REO) properties:
Does anyone have any success stories in which the bank agreed to make repairs? My specific question deals with the likely presence of lead paint in a house built in 1890. The buyers have a two-year-old and another one on the way. The house has been on the market for over one year and the buyers are wondering if the bank would consider bringing the home into compliance if lead paint is detected.
I have advised them that it is not likely but that you never know until you try. Again, I would just like to open up the floor for any success stories. Thank you.