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Old 06-07-2010, 11:16 AM
 
Location: Asheville, NC
12,451 posts, read 29,392,354 times
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Or, can it be signicantly higher or lower. What is the best way to go about submitting your offer? Do you inspect the house and then tell the lender all the repairs? (roof, a/c, carpet, etc) Can you really get a deal or is it a waste of time?
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Old 06-07-2010, 02:42 PM
 
Location: Illinois
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No
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Old 06-07-2010, 05:05 PM
 
Location: Columbia, SC
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There is no norm because there is such a variance in price. They can be a great deal or a waste of time. You should submit the offer prior to inspections IMO but others may disagree.
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Old 06-08-2010, 06:11 PM
 
Location: Asheville, NC
12,451 posts, read 29,392,354 times
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Quote:
Originally Posted by Brandon Hoffman View Post
There is no norm because there is such a variance in price. They can be a great deal or a waste of time. You should submit the offer prior to inspections IMO but others may disagree.
Do you do it contingent on inspections? If it's sold as-is, can you do that?
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Old 06-08-2010, 07:39 PM
 
Location: Columbia, SC
10,166 posts, read 19,890,979 times
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Quote:
Originally Posted by beckycat View Post
Do you do it contingent on inspections? If it's sold as-is, can you do that?
Your local agent will be better able to tell you about your local contract. Our contract has a section that you can submit as is with a due diligence period. I would definitely recommend it at any rate.
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Go Back   City-Data Forum > General Forums > Real Estate > Foreclosures, Short Sales, and REOs
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