inspection before or after bank accepts/rejects offer on short sale??i made an offer on a short sale purchased in 2005 for 350K, i offered 230k (the home is for sale @ 247k and has had a few price drops to get there). The owners "agreed to accept" the offer according to my agent but it still has to get approved by the bank.is it custom for the home buyer to perform a home inspection and draw out a contract (with an attorney of course) before learning wether or not a bank accepted or rejected an offer on a short sale?I don't want to spend money before knowing that the bank actually accepted my offer. i understand this may be the case when buying under "normal" circumstances with the sellers being the only ones with a say when accepting an offer but i feel as if i may be blowing money away if the bank rejects the offer.June 09 2010 - US00YesReport 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.