You have an offer that is CASH AS IS for REO Property in Tracy, CA.....

Buyer chooses to do inspections.   Inspections are completed.......

Handyman says $8000 in repairs necessary, this includes CLEANING the gutters.....

Your buyer wants $6000 credit for repairs..... Ms Realtor, would you please submit my buyers Request for Repairs to your seller, yes I KNOW it is a bank, yes I KNOW it stated AS IS, however I want you to ask the Asset Manager anyway.

Surprise, surprise -- Asset Manager says "YES, to $6,000 credit, reduction from purchase price."  

WHY?   Net is still more than bank appraisal, a cash buyer is still better than starting all over again.   

Hmmm..... point proven There is No Harm in Asking

 

 

Tracy & Mountain House, CA

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I have a team ready to handle all your Real Estate needs - REO, Short Sale, Investing, First Time Home Buying.... call me I'm ready to help you accomplish your goals.  Keller Williams Tracy/Mountain House

 
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Post is included in group: California Short Sales, REO's, and Foreclosures

5 Comments on Lesson #??? No Harm is Asking!

OCT
16
1 Featured Post Outside Blog

Hi Susan-  It never hurts to ask pleasantly, you might be pleasantly surprised!
1:16am • #1

Ask and ye shall receive... age-old wisdom is alive today.  I'm glad you asked!
1:28am • #2
Outside Blog

It's always good to hear about a happy ending with a short sale. Thanks for sharing.
2:16am • #3
Outside Blog

Wow, must have caught that asset manager on a good day (or an exceptionally bad one).
7:46am • #4

Yes, I guess it never hurts! I have also been pleasantly surprised in a similar situation.
7:52am • #5

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Susan Goulding; Central Valley Realtor Tracy & Mountain House CA Real Estate

Tracy, CA

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Keller Williams Realty Central Valley

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