Melanie's Blog (1)

Approved Sun Trust short sale inspection uncovered additional repairs--What is the best approach ???

I have an approved Sun Trust short sale that is on day 6 of the 12 day inspection period.  My buyers factored necessary repairs into their bid price however additional unforseen repairs have been uncovered via inspection.  If we knew about these additional repairs, the offer would have been for about $20,000 less.  

 

Are we able to reduce our offer price at this point in the short sale process, or will Sun Trust pay/send out their own people to complete the…

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Added by Melanie on September 22, 2011 at 8:23am — 1 Comment

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