Story Highlights. Generally speaking, no house is perfect, and the home inspector’s report is not a work list for the buyer. If the inspection turns up problems, most buyers and sellers end up getting them fixed before escrow or by including money in the final settlement of the sale to pay for the new roof or rusty water heater.
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Leaky toilet fill valves, drippy faucets or electrical outlets that don’t work might seem minor, but fixing them now not only means you’ll have less to worry when the inspection is done, it also shows both the inspector and the buyers that you’ve taken good care of your home. What’s Good for the Goose is Good for the Gander
Real estate agents have arsenals of tricks to make buyers. any problems a home inspector finds, whether you know about.
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Do Most Sellers Make Repairs After a Home Inspection? Purchasing a home is a long and arduous process, especially for first-time buyers. It can feel like a roller coaster from the moment you hire a real estate agent to the moment you get the keys.
Sellers: What to Do When You Get Bad Home Inspection Results So your home inspection shows that repairs are needed. Skip the stress and follow these tips from our real estate expert.
Sellers of older homes often won’t fix everything, particularly if you negotiated a large discount on their price. Strategies for negotiating a home inspection. Every home and every seller is different, so you need to gauge the situation. Here are the most common scenarios that we see, and the inspection negotiations that go along with them.
If you have an inspection contingency and the mold is revealed as part of the inspection, or if you have a specific mold contingency, you have a bargaining chip. You can ask the seller to reduce the asking price, to fix the problem, or you can choose to walk away from the deal.
Most sellers will fix items found on the inspection report if the cost of repair isn’t outrageous. Repairs such as weatherstripping, caulking or broken bathroom fans are items that won’t require a lot of money to fix. However, calls for a new roof, air conditioning unit or new vinyl windows can cause a seller to balk.