Not very likely to get repairs done with a short sale or foreclosure IMHO....I was looking at a foreclosure about a month ago and it needed some work: an upstairs window was broke, the light fixtures in 3 rooms were gone, minor stuff (but I wasn't trying to pay for it after I'm forking out all kinds of money for inspections, appraisals, faxing things to my LO, closing costs, etc) so I asked my agent if the seller (who was a bank) would pay for repairs and she said no because since it was a foreclosure they had already "lost" money on it and wouldn't put anymore money into it. Kinda makes since. Anyways, I been following your story and sending positive vibes your way!! Hope everything works out for ya!!! Takes A LOT of patience to go through the home buying process in general but even more patience to deal with a short sale situation...keep on keepin on and go on and get your house!!! 
@chan85 wrote:House is listed as is and is a short sale..... I will try and ask but not holding my breathe on them coughing up the money..... I can hope so though... If they went with another seller and had a conventional loan would they still have to get repairs done? Maybe that can be my leverage....
That's right. Ask anyway. Also, you could renegotiate based on the appraisal or home inspection. Ex. you could ask they pay more in closing. You could offer a little less for the home based on what you think they may cost you. Certain repairs required by law, they will have to make for any buyer. Re-read your purchase agreement.
If you are okay with making the repairs, but don't want to pay out of pocket then you can consider offering a little more for the home so that they will be included in the price and the seller can pay them up to a certain amount. Your realtor should be able to help you get the things you need or want based on the appraisal and inspection. Always get a home inspection.
Hope this helps.
Keep in mind the power of positive thinking.
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@hippychic823 wrote:
Not very likely to get repairs done with a short sale or foreclosure IMHO....I was looking at a foreclosure about a month ago and it needed some work: an upstairs window was broke, the light fixtures in 3 rooms were gone, minor stuff (but I wasn't trying to pay for it after I'm forking out all kinds of money for inspections, appraisals, faxing things to my LO, closing costs, etc) so I asked my agent if the seller (who was a bank) would pay for repairs and she said no because since it was a foreclosure they had already "lost" money on it and wouldn't put anymore money into it. Kinda makes since. Anyways, I been following your story and sending positive vibes your way!! Hope everything works out for ya!!! Takes A LOT of patience to go through the home buying process in general but even more patience to deal with a short sale situation...keep on keepin on and go on and get your house!!!
Thanks Hippychic! I am hoping this all goes smoothly. I think I will at least ask if there is work that needs to be done, worse they can say is no.
@JusdoNit wrote:
@chan85 wrote:House is listed as is and is a short sale..... I will try and ask but not holding my breathe on them coughing up the money..... I can hope so though... If they went with another seller and had a conventional loan would they still have to get repairs done? Maybe that can be my leverage....
That's right. Ask anyway. Also, you could renegotiate based on the appraisal or home inspection. Ex. you could ask they pay more in closing. You could offer a little less for the home based on what you think they may cost you. Certain repairs required by law, they will have to make for any buyer. Re-read your purchase agreement.
If you are okay with making the repairs, but don't want to pay out of pocket then you can consider offering a little more for the home so that they will be included in the price and the seller came pay them up to a certain amount. Your realtor should be able to help you get the things you need or want based on the appraisal and inspection. Always get a home inspection.
Hope this helps.
Positive thinking.... that's my weakness in all this! But I will try! Thanks for your answer, I will ask anyway if there is work that needs to be done. Max limits for contributing to closing is 3% right? They are maybe $200 just short of that as it is.... I can look over purchase agreement, but what am I looking for exactly?
No problem. There should be a section on your purchase agreement that says Government requirements and Retrofit. The max closing is 6% although hardly anyone pays that much, nor do most ask. There was a law that was supposed to drop it to the 3% that's most common. Yet, as far as I know it hasn't changed yet.
Hope this helps