Posted by Ed Copp (OH) on February 03, 2001 at 13:58:59:
As I read your post you want the bank to just give you $40,000 for fix up, or to reduce the price by $40,000
This as I read it is a $40,000 price reduction in either case (a long way from a full price offer).
As for your question about what the bank can do. The bank can do anything that they want to do. Your job will be to get them to do what you want.
Practice your arithmetic…$40,000 price reduction, and a full listed price offer are not the same.