Short sale approved but major damage before Closing.Hey guys, hoping that I could get some help here...I was in the process of closing on a short sale for 175k..the bank approved it, but 3 weeks prior to closing the radiator in the bedroom burst and water leaked into the basement flooding it..6 inches of water...none the less...I paused on the closing, had a contractor come in and estimate the damages...I sent the lender a list of the major damages that would need to fixed, and requested a reduction in my offer to 150k..to cover for the new damage repairs..each day we wait..the home remains empty, with pipes still broken and water still dripping from some pipes...at this point I'm not sure that even the bank approves 150k, I still want to go forward with this...has anyone come across a similar situation?? February 23 - North Bergen00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.