Do foreclosures pay for closing cost? the house I want is a foreclosure, it needs some fixing. it is $29,900 and I am getting a $50,000 loan.

Asked by statenisland3, San Francisco, CA Fri May 10, 2013

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Fred Herman, Agent, Staten Island, NY
Sat Jun 1, 2013
No.

I would assume a $29,900 home would need considerable more than "some fixing."

was your offer accepted??? how much did you indicate as a down payment? was your loan approved???

before you decided to make an offer you should have had an idea of what the closing cost would be. when it's time to close, you don't want to find yourself in a position where you don't have enough money.
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Ron Thomas, Agent, Fresno, CA
Fri May 10, 2013
Be rational and realistic;
with yourself and your decisions.
0 votes
Curly Sue, , Texas
Fri May 10, 2013
Everything is negotiable. Present your offer...
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