I got pre approved 100k. I found a foreclosed home for 84k, could I put an offer on the table and the loan allow me to get approx. 5k to replace the carpet and other little things in the house? The house is sold AS IS so I can’t ask the bank for an allowance to fix up the house.
I was thinking on putting down an offer of 75k and the bank pay the closing costs. but i was told that they have several offers… so should i offer 78k and have them pay the closing costs?
What do you all think?
(this is taking place in SC)