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Gail - July 16th, 2007 6:10 PM

we have been asked to pay buyers closing. Their offer was low. should be counter with higher price or cut closing help in 1/2?

mya - October 6th, 2007 3:12 AM

They do accept FHA loans and if the house has been on the market for a long time they usually offer to cover half of your closing costs but you can request they cover all of your closing costs since it is a buyers market. The worst they can say is no.

REO DEED QUESTION - October 9th, 2007 3:47 AM

I am buying a bank owned property (REO)and bank is only giving a special/limited Deed. How does this affect later sale. Can I later sale and give buyer a Full Grant Deed? Is it normal for bank to only give special/limited deeds on bank owned rep properties? Will I ever have Full Grant deed or will I always have to worry about someone maybe making claim on our property?

Please help

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