Do not be afraid to negotiate with sellers It is unreasonable to expect the seller will take care of all items in an inspection report. A thorough home inspection can easily identify dozens of defects. However, you might be able to negotiate the cost for major repairs not listed in the dis...
When you’re selling a home, the words “sellers disclosure” may fill you with confusion, even with fear. What exactly is the point of a sellers’ disclosure and how much do you need to reveal? The following FAQs will give you the answers you're looking for. Q. What is a sellers d...
A Buyer who is under the pretense that a home inspection is to create a long punch list that the seller will remedy sets themselves up for a contentious sale. Most sellers are smart enough to realize that a home inspection is not the buyer’s opportunity to change the agreed-upon contract...
Buyers Who Do Not Attend Their Home Inspection Miss Plenty
(Need to be capped.) Wiring in open framing (garage) is supposed to be 7 feet above the floor. ___Outlets. All should have undamaged covers. Outdoor outlets should have weather protection. ___Other. Basement Home Inspection Checklist ___Water. Is there any standing water? Are there ...
Sellers Need Attorneys Too If you're selling a property, having an attorney represent your interests isn't a legal requirement in most states. However, not having one increases your chances of being sued by the opposing party for failure to disclose certain information. That is because an attor...
If you have a robustcontingency clause, there may still be disputes during the transaction process that can complicate the deal. The most common area of tension between sellers and buyers is when aninspectionreveals issues with the home. You may need to renegotiate the deal if you still want ...
Marketing properties is probably the most important skill a real estate agents offer sellers. You need to prepare the property, but the agent will help with getting professional photos taken, write a compelling listing description, and spread the word through multiple channels such as the MLS, rea...
Remember, sellers aren’t obligated to make repairs. But knowing what is a reasonable or unreasonable repair request may increase your chances of a successful repair negotiation. Armed with all of this information, you’ll have the confidence to go back to the seller and ask, “Deal or no ...
Here’s what you need to buy a house in 2025: 1. Ensure you have a qualifying credit score and improve it if needed. When it comes to buying a home, your credit score is one of the most important factors lenders consider. It plays a key role in determining the interest rate you’ll...