I am assuming you are financing this property, if that is the case
Almost always it will have to be fixed before closing, you can not fix it if you do not own the property. it has to be done before the closing and the seller will have to take care of it
FHA/ VA are stricter about any celing issues, even minor issues.
the only way you can fix it after the closing is
1. if you do an FHA 203 K loan and it is part of the loan
2. if the ceiling isssue is minor (such as under $200 or so) and the lender agrees to escow that money at closing and it is done immediatly after the closing. this practice is rare since in most case the lender does not want to take this extra rsk
pls call me if you need a Pre Approval and if you want to learn more about a 203 K
(if you are buying this property cash, you and the seller can do whatever you want)
Tom Bawany | Mortgage Loan Originator | NMLS #519971
Real Estate Mortgage Network, Inc.
500 Winderley Place, Suite 112
Maitland, FL 32751
F: 866.552.6351 | C: 407.924.2759
E: firstname.lastname@example.org | http://www.remn.com