gld2 said:
Thank you, how about repairs? such as broken window, missing doors, ect
Regarding repairs for short sales and on REOs: it depends.
Often the key difference is whether the defect that you're asking to be fixed is something that could've/should've been seen by a common buyer, under ordinary circumstances. In the items you mentioned above, assuming that you made your offer knowing that the window was broken and the door was missing, those would not likely be something that you'd expect to get credit for.
However, if during your home inspection, you find that the dishwasher and A/C are inoperable, there's $10K of termite damage, and wiring to the second story addition is not to code, those are material differences that you would not be expected to have had info on until they were inspected. It would be very reasonable to request a price adjustment or repair to reflect these changes. You should be able to build a case for it, and the bank may grant your request even though they are not obligated to. You still have the power to walk from the transaction if they don't budge, and it's beyond what you feel the home is worth to you, given the new information.
If a window (or any other item) was in one piece when you made the offer, it should be in generally the same condition when you have your final walkthrough. If it was broken during escrow, it is the seller's (bank's) responsibility to repair/replace it even if it is an REO or SS.
Hope this helps,
-IR2