Expert, localized Los Angeles answers provided by Heather Roy

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Buyer Making Repairs

  What are the rules about a short sale and as is house sale. My son is buying a house and they are telling him to fix things before he even owns the property. What if the sale falls through and now he has paid to fix things . This makes no sence to me.
 
  You are right in thinking that your son should not be spending money fixing up someone else's property.  But neither you nor I knows the whole situation.  Perhaps there are some safeguards in place.  Perhaps it's time for him to consult a real estate lawyer for advice.
    Edith
Originally published on April 17, 2008
 
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