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Alicia - July 9th, 2008 2:09 AM

Is it possible to make an offer on a bank owned property prior to going on the market(Washington Mutual)?

lew - July 9th, 2008 5:43 PM

(Very Poor English) Now the propblem with that it the final price will be $50K+ less than the appraisal amount. Is it right to base the down payment that way?

William - September 19th, 2008 7:53 AM

The down payment should be based on the sale price of the home. If you build, then the rules may be different. I would recommend checking with local agents, or other lendors, to find out if you're being drug around or if it's common practice.

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