The lenders will rarely do repairs but may adjust the purchase or allow a credit at closing. As with any other repair just submit at least 2 estimates and adjust the contract and HUD1 accordingly. You will have abetter chance of success if the price just reflects the needed repairs. The buyer can take care of the repair after closing form the money he saves on the purchase.
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The lenders will rarely do repairs but may adjust the purchase or allow a credit at closing. As with any other repair just submit at least 2 estimates and adjust the contract and HUD1 accordingly. You will have abetter chance of success if the price just reflects the needed repairs. The buyer can take care of the repair after closing form the money he saves on the purchase.