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Old 10-17-2007, 08:37 PM
SossMan SossMan is offline
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Join Date: Apr 2003
Location: Motorboatin\' Sonofabitch
Posts: 7,827
Default Re: negotiations after home inspection... (buying a house)

one more thing...someone suggested doing an escrow holdback for the repairs for item #1. Be careful with that if you are financing and haven't turned in the purchase contract yet. Lots of times, if a lender sees this, they are going to want full section 1 clearance before lending. You can't come back afterwords and do an as it addendum...just make it a credit for closing costs if you are going to do it like that and not just take it off the purchase price. it's much cleaner from a lending perspective that way. Once the toothpaste is out of the tube, it can't go back in.
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