What every Buyer needs to know about Short Sales - #7

What is acceptable in an offer to purchase, and what is unacceptable (Part 2) - Be prepared to pay your own closing costs. The Lender is already taking a loss on the property and may view your request for prepaid costs as a sign that you can’t afford to purchase the property. You will also most likely be asked to take the property “as is.” Again, this is due to the Lender’s loss on the property. They will likely not agree to requests for repairs or repair credits, and the current owner will likely not have the means to pay for repairs.