Thanks va_lanlord! My question was why the home was listed for $132K if lender wanted $132K net. Could it be that lender actually only wanted $132K gross. But somehow my agent & listing agent talked me into a $145K offer so now $132K became the net proceed.
Contract does has it "sold as is", so that means it's pretty much a waster of money to hire a buyer's inspection. Best chance is to wait for the lend appraisal to find issue and request for repair as loan condition?
Thanks again.