When the seller is present, it can make the entire process a little awkward. After all, who wants to be critical of something if the owner is right there? There are a lot of emotions on both sides of this transaction: the last thing you want to do is create a situation where someone...
doi:urn:uuid:9654653f76131410VgnVCM100000d7c1a8c0RCRDA home inspection that yields a laundry list of repairs can cause a potential buyer to walk away. So is it worth the money for a seller to conduct an inspection before listing a home?Donna FuscaldoFox Business...
Inspections alert you to existing or potential problems with the home, giving you not just an early heads up but also a useful negotiating tactic: You can ask the seller to cover the cost of any needed repairs. So, generally, waiving the home inspection is not a good idea....
In a blind auction, each bidder places a bid shown only to the seller. In a minimum bid auction, the seller sets a reserve that must be met by bidders. The starting price of the auction may be the balance owed on the mortgage or a lower amount designed to spur bidding. In a foreclo...
the property to your inspector before he begins, so he'll keep a sharp lookout for possible problems. If the seller has disclosed damage, give your inspector a heads up about that, too. So, don't be afraid to ask questions. Really get into the home inspection. You and your inspector ...
This may not always seem true. For example, if you bought aforeclosureand had to fix a lot of broken stuff, the home is worth more after you fix those items, but the IRS doesn't care—you did get a discount on thepurchase pricebecause of those unmade repairs, after all. It's only...
1. Inspect the Fireplace Regularly It's important to have your chimney, gas orelectric fireplaceinspected before use. This is especially critical if you are buying or renting a home with a fireplace and don't know whether the previous homeowners or tenants took care of it properly. ...
We advise all of our clients, without question, to have a sewer scope performed as part the home inspection. Why… We advise all of our clients, without question, to have a sewer scope performed as part the home inspection. Why do we recommend this? Sewer line problems are among the...
Get expert property advice It is always recommended that sellers do their inspections at the listing stage and then they will know what they are in for in terms of repairs. In addition, although it is usually required that the seller should provide the purchaser with the certificate by no lat...
Seller concessions are a common part of the homebuying process. Learn more about what they are, how they work, and how to negotiate them to your advantage. Are you a homebuyer looking to save money on the purchase of your home? Or are you a home seller looking to speed up the sale?